According to experts, the Bulgarian housing market is cooling down after a period known as the "eurozone effect". In 2025, many buyers were in a hurry to purchase real estate in anticipation of a sharp spike in prices due to the country's entry into the eurozone, which led to a temporary overheating of the market. However, now this effect has disappeared, and the market is returning to a more balanced state.
The first two months of 2026 showed a noticeable slowdown. The number of real estate transactions decreased by about 10%, while the number of new offers from sellers, some of whom are rushing to lock in profits, increased by more than 25%. This led to an increase in the time required to close deals, and gave buyers more opportunities to choose and make careful decisions.
Despite the general cooling, prices in certain segments, such as garages in Sofia, remain at a high level - from 50,000 to 100,000 euros. Experts also note that mortgage lending continues to grow (about 14% at the beginning of the year) due to low interest rates (an average of 2.47%). However, financiers urge caution, recommending that monthly loan payments should not exceed 30% of the family's income.
Source: Novinite
