Graphics: How to change the demand for homes by neighborhoods for 10 years
Indicative of the price movement is their comparison for a period of 10 years on the basis of real transactions. It is clear from them that the refraction point is at the beginning of the pandemic.
For 10 years, market activity has grown at a stable rate, but this is mainly true for big cities, according to Imoteka’s data, which makes the comparison. If the number of transactions for the whole country remains without drastic changes within the period, then the sales in Sofia increase by 100% from 2015 to 2025. In Varna, the activity in the actually concluded transactions increases by about 45-50%and in Plovdiv by about 15%.
Bulgarian properties of those living abroad
The net area of the homes sold by the company in 2015 was 84 square meters. In 2024 and early 2025, the average size of the apartments, which are marketed, increased to 96 square meters.
| The market on the market is the low interest rates – twice the BNB data and in March showed that interest rates on housing loans continue to decline, which is also a major incentive to finance deals – about 60% of all the largest market – Sofia. |
According to the data, the average annual interest on the new mortgage loans agreed in BGN is 2.46 % in March, which is 0.10 percentage points decrease per year. The annual percentage of housing costs reached an average of 2.80 %, compared to an average of 2.85 % a year ago.
The demand for new homes, which is directed at the main interest in big cities, leads to a doubling of the number of building permits. If 10 years ago the total number of newcomers was under 5,000 residential units, then today, from January to the end of March, nearly 10,000 dwellings receive a permit.
According to the company, the dynamics in Sofia for 10 years is also reflected in a change in the profile of the property sought. In addition to larger dwellings in a more settled environment and more interest in new construction, buyers are also reorienting in terms of the most desirable neighborhoods.
In Varna and Plovdiv, the dynamics are mainly influenced by the new construction and the neighborhoods with a large enough number of quality new projects, including houses.
