Affordable Prices: Bulgaria offers some of Europe’s lowest property prices. In Sofia, modern apartments range from €1,200 to €2,000 per square meter, far below Western European cities like Paris (€10,000+/m²). Coastal areas like Varna and Burgas provide beachfront homes at a fraction of Mediterranean costs, ideal for budget-conscious investors.
Thriving Tourism: Bulgaria’s Black Sea coast and ski resorts, such as Bansko, draw millions of tourists yearly. Short-term rentals in these regions yield high returns, with occupancy rates peaking in summer and winter. Sofia’s growing reputation as a cultural and tech hub also fuels demand for urban rentals, ensuring consistent income.
Economic Momentum: Bulgaria’s stable economy and EU integration drive real estate demand. Sofia’s tech sector attracts global companies and expatriates, increasing the need for residential and commercial spaces. The country’s 10% flat tax rate and low cost of living enhance investor profitability.
Lifestyle and Diversity: Bulgaria offers diverse properties, from historic homes in Plovdiv to ski chalets in Borovets. Investors can target various markets, including retirement homes, student accommodations, or luxury villas, catering to diverse buyer and renter needs.
Growth Potential: Bulgaria’s real estate market is on an upward trajectory. Rising foreign investment and infrastructure improvements, like new highways and airport expansions, boost property values. Early investors can capitalize on this growth before prices align with Western Europe.