According to Bolgarskiydom (EN section), citing NSI data, Bulgarian housing prices rose 15.1% year on year in Q1 2025, with resale homes growing faster than new builds.
According to Bolgarskiydom (EN section), citing the National Statistical Institute of Bulgaria (NSI), average housing prices in Q1 2025 were 15.1% higher than in the same period of 2024. The source also cites Eurostat, which put Bulgaria second in the EU for housing price growth in that quarter. The two segments moved at different speeds. NSI data quoted in the article show new apartments up 13.4% year on year in Q1 2025, while the secondary market rose 16.2%. The article notes that investors showed growing interest in new builds in 2025, since the price is fixed in the contract at an early construction stage and developers typically update price lists as the project progresses. On the resale side, the source's own analysis says buyers are becoming more selective: they compare prices with new projects and factor in renovation costs. Renovated apartments in good locations reportedly sell steadily, unrenovated ones require price adjustments, and the decision-making period has lengthened. The article also mentions IMF forecasts of about 3% economic growth for Bulgaria in 2025, which it says supports housing demand. It adds that experts expect price growth to continue in 2026 at around 8%. This is a forecast cited by the source, not an official figure, and the article's price statistics refer to Q1 2025 rather than the full year.