The war in Ukraine and the refugee wave to Bulgaria have had an impact on the housing market, which was previously stagnant due to the pandemic. 

Rental prices in the country have increased by around 30-40%. This is what Maria Parova, manager of a large real estate agency, said in an interview with Radio Varna. In the period from the end of 2022 to the beginning of this year, more and more Ukrainian citizens bought property in Bulgaria. The demand is for all kinds of properties, and the leading consideration in their choice is the price and the budget they have. 

Overall, however, the country has seen a decline in the number of property transactions in the last two quarters of 2022.