After a relative lull at the end of 2025, the residential real estate market in Sofia is entering a new cycle. Interest rates are stabilizing, and interest in properties in the green belt areas—Boyana, Dragalevtsi, and Simeonovo—is rebounding significantly.
What do the first-quarter figures show?
Data for the first quarter show a more than 12% increase in transactions. This marks the first sustained uptick since the decline in the middle of last year.
Which regions are leading
This trend is most evident in the northern and southern outlying neighborhoods—which offer easy access to the city center, yet feature green spaces and more living space for the same budget.
What's happening with prices?
Average prices remain stable year-over-year, but are beginning to rise in the premium segment. The gap between boutique and mass-market properties is widening.
Forecast for the second half of the year
We expect a moderate increase in transactions and a slight uptick in prices for high-end properties. Interest rates will play a key role—if the ECB maintains its current course, our market will feel the impact with the usual lag of 2–3 months.
What does this mean for buyers?
Buyers have a better chance than ever to negotiate prices in the mid-range market. But for premium properties, competition is heating up again—good deals are moving quickly once more.
