Real estate prices in Sofia have more than doubled for the past 14 months and they are expected to continue rising. 70% of the deals are for two- and three-room apartments. They are also the most expensive, Vasil Lyunchev, an analyst of the real estate market, told BNR.
"In March 2021, the average price of a 3-room apartment in Sofia was 80,000 euros. In May 2022, the price reached 175,000 euros. This is the average type of apartment most often sold in Sofia," Lyunchev says. High inflation encourages people to invest in property. But an expected rise in mortgage rates could cool the market down, experts say.
As of October 1, the base interest rate in Bulgaria is 1.81%. The rate has been declining for the 12th consecutive month, this time by 0.01% compared to September 2025. The base interest rate in Bulgaria, which is used to calculate the annual..
Bulgaria’s accession to the eurozone will reduce transaction costs with key trade and investment partners, according to the annual U.S. State Department report on the investment climate in the country, reported BGNES. The report emphasizes that..
Less than 100 days remain until Bulgaria joins the eurozone, and this is another reason to talk about the incomes of people in Bulgaria, about the Bulgarian economy, about foreign investments and about the domestic labour market which reacts the..
Under the name BGBizHub, Bulgarian entrepreneurs in Berlin have joined forces to promote and develop their businesses in Germany. "Like..
Foreign direct investment (FDI) in Bulgaria posted the largest net inflows from the Netherlands, Italy and Greece in the first half of 2025, the Bulgarian..
The Bulgarian Stock Exchange (BSE) will participate in the event "EU-Chambers Business Chill with the Bulgarian Stock Exchange," according to a post by..
Overcast, rain
Partly cloudy, chance of rain
Scattered showers
Cloudy
Mostly Cloudy