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Home > Overseas Property News

Bulgaria's property market slows



Country:  Bulgaria

4 February 2009

Bulgaria’s property market has finally shown signs of slowing, after official figures compiled by the country’s National Institute of Statistics (NSI) showed that Bulgaria property prices began to fall in Q4 2008.

Despite the property price slowdown in the final quarter of last year, the average price of a property in Bulgaria still recorded annual appreciation of 24.9% in 2008.

Sofia (excl. Sofia City), recorded the greatest levels of capital growth in 2008 (47.8%), followed by Lovech (35.7%), Plovdiv (33.1%), Pleven (31.8%), Ruse (30.9%), Yambol (29%) and Sofia City (28.5%).

However, a fall in demand for homes in Bulgaria is likely to see prices stagnate, or even fall - in some cases considerably - across some parts of the country in 2009.

Some Bulgarian agencies are reporting a fall of up to 40% in sales as a consequence of greater interest rates, a lack of liquidity and more stringent lending conditions.


See Also:   bulgaria


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Some properties in Bulgaria

Ref 409227, Bulgaria

Ref 409227, Bulgaria

Price: £2,265

Type: Bungalow

Bedrooms: 1

DISCOUNTER OFFER!!! The chalet is small and has a living area of 30 sq.m. It has one room. There is electricity – and water – supply available.


Ref 2213928, Bulgaria

Ref 2213928, Bulgaria

Price: £2,356

Type: Villa

Bedrooms: 1

Look at this old rural house situated in a calm village 20 km away from the town of Omurtag. The house has one floor and has a living area of about 50 sq.m. It consists of 2 rooms and a cellar. There is electricity and water supply.


NS-skal13, near Elhovo (Elhovo area), Bulgaria

NS-skal13, near Elhovo (Elhovo area), Bulgaria

Price: 2,701GBP

Type: land

970 sq m plot of land


Ref 2213930, Bulgaria

Ref 2213930, Bulgaria

Price: £2,718

Type: House

Bedrooms: 1

Located in a calm village 20 km away from the town of Omurtag, this property can become a perspective investment! The house has one floor and has a living area of about 40 sq.m. It consists of 2 rooms. There is electricity and water supply.


Ref 2213782, Bulgaria

Ref 2213782, Bulgaria

Price: £2,990

Type: Villa

Old rural house located in a calm village 15 km away from the town of Razgrad, 35 km away from the town of Targovishte. The house has 2 floors and a living area of about 130 sq.m. There is a cellar and a room on the first floor.


Ref 2213926, Bulgaria

Ref 2213926, Bulgaria

Price: £3,171

Type: Villa

Bedrooms: 2

Cheap Bulgarian house located in a charming village 20 km away from the town of Omurtag. The house has one floor and has a living area of about 50 sq.m. It consists of 3 rooms and a cellar. There is electricity and water supply.


Ref 352598, Bulgaria

Ref 352598, Bulgaria

Price: £3,171

Type: House

Bedrooms: 3

Pay attention to this nice house situated in the center of a peaceful village only 22km away from the town of Lom. The house is small, cosy and has one floor. It consists of four rooms. There is electricity – and water – supply available.


Ref 358400, Bulgaria

Ref 358400, Bulgaria

Price: £3,171

Type: House

Bedrooms: 2

Take a look at this nice house situated in a quiet village only 30km away from the town of Montana. The house is nice and has one floor. It has living area of 60sq.m.and consists of three rooms and a corridor.


NS-bj06, near Elhovo (Elhovo area), Bulgaria

NS-bj06, near Elhovo (Elhovo area), Bulgaria

Price: 3,252GBP

Type: land

1000 sq m plot of land


Ref 462978, Bulgaria

Ref 462978, Bulgaria

Price: £3,262

Type: Land

This nice property is located in a charming village 8km away from the town of Etropole. The garden is 1000 m2 on a size. There is a barn in the yard.


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