After the dynamic December, when traditionally the most real estate deals are concluded in our country, January is far calmer. However, the beginning of 2025 began with a surprisingly large number of home purchases, analysts comment, and therefore we cannot speak of a cooling of the market.
It is difficult to explain the exact reason for this trend. On the one hand, the upcoming entry into the eurozone, and on the other - the foreign investors who have begun to enter our country. We are talking mainly about funds that are interested in the acquisition of hotels, a large amount of properties in one building. There are also many private investors who have money available and want to invest it in the real estate sector. Last but not least, all those who expected a decrease in the price of properties are also buying. It did not happen and they also went on the market.
The price per square meter of residential area in the high price segment in Sofia is close to EUR 3,000, analysts recall. Prices are also going up due to the fact that private individuals are appearing on the market who are ready to invest in acquiring several apartments in one building under construction. The goal is to either rent them out or sell them at a higher price after the building is completed.
As for a drop in housing prices, according to bankers, it could happen in 2027.
Detailed statistics on the average prices of properties in Bulgaria by city and neighborhood can be seen HERE