site.btaEuro's Introduction in Bulgaria Could Be Turning Point in Real Estate Market, Says Analysis

No sudden changes are expected in the state of the real estate market, but the introduction of the euro in Bulgaria could be a turning point, according to an analysis by Arco Real Estate. In the second quarter of 2025 there are no major changes in the market compared to the first.

It is expected that mortgage rates, which have already been low for quite some time, will start rising slightly from next year to catch up with those in eurozone countries. According to the analysis, the real estate market is expected to remain as active until the end of the current year.

According to Arco Real Estate data, in the second quarter of 2025 the most sought-after are two- and three-bedroom apartments. There remains less interest in one- and two-bedroom apartments. There are no major changes compared to the previous quarter of the year. There is a growth in demand for houses near Sofia with quick access to the capital.

In the second quarter of 2025, supply remains tight relative to demand. Housing under construction remains the most in demand due to the ongoing construction of new buildings. Finished and furnished properties ready for occupation are rare and selling quickly. According to Arco Real Estate, there has been an increase in the supply of houses near Sofia compared to the previous quarter of 2025. The supply of office and retail space remains limited.

The average prices of the offered properties are in a wide range between EUR 1,600/sqm to around EUR 2,400/sqm, depending on the stage at which the property is completed, exactly where it is located and what its features are.