Bulgaria real estate market — prices, rental yield and trend
- 12-month price change (USD): 11.2%
- Transaction cost: 8.6%
- Bubble-risk band: moderate
Bulgaria is one of the 123 property markets Glopra tracks.
What a buyer pays in Bulgaria
Buying costs — transfer tax or stamp duty, notary, registration and agency — come to about 8.6% of the price here. That is below the 10.2% median across the set, which shortens the time it takes for a purchase to break even.
What it earns
We do not publish a price or a rental yield for Bulgaria. The public data for this market is limited to index figures that show change over time but no absolute level, and we would rather show nothing than a number we cannot stand behind.
How the tax works. 10% final tax on a non-resident's gross rent (ZDDFL arts. 37(1)4 and 46(1)), independent of the rent level. Owners resident in the EU/EEA can opt for the art. 37a recalculation with the 10% standard expense allowance, which gives 9% — the lower end of the band. Source: PwC Bulgaria.
Where the price sits against its own history
Prices are +79.5% over five years and +167.6% over ten in local terms. Today’s level sits 39.3% above the country’s own long-run trend. A gap that size does not have to close, but it is the number to watch. Glopra’s bubble-risk score for Bulgaria is 56 out of 100 — moderate risk. Of the 58 markets scored, 35 read higher.
Bulgaria house price index, 2016–2026 (2016 = 100)
| Year | Index |
|---|---|
| 2016 | 100 |
| 2017 | 108.7 |
| 2018 | 115.8 |
| 2019 | 122.8 |
| 2020 | 128.4 |
| 2021 | 139.5 |
| 2022 | 158.8 |
| 2023 | 174.4 |
| 2024 | 203.2 |
| 2025 | 232.9 |
| 2026 | 254.7 |
Rebased to 100 in 2016, the index stands at 254.7 in 2026. The series is in local currency, and the twelve-month numbers above show how much of that a dollar buyer actually keeps.
Who can buy in Bulgaria
Freehold for condos; non-EU land ownership only through a company. That is the rule a foreign buyer meets first, not legal advice — check the current position locally before you commit.
Sources: NSI market prices of dwellings metadata · nsi.bg · tradingeconomics.com · ec.europa.eu · globalpropertyguide.com. Snapshot: 2026-09-28.