Bulgaria real estate market — prices, rental yield and trend

• Average price: $2,312 / m²
• Gross rental yield: 4.9%
• 12-month price change (USD): 10.7%
• Net rental yield: 4.41%
• Transaction cost: 8.6%
• Bubble-risk band: moderate
• Price basis: national average

Residential property in Bulgaria averages $2,312 per square metre, +10.7% in dollar terms over the last twelve months. That makes it the 217th most expensive of the 264 markets in the set.

What a buyer pays in Bulgaria

The $2,312 figure is a national average across all residential property types, which flattens a wide spread — the capital typically runs far above it and small towns far below. Buying costs — transfer tax or stamp duty, notary, registration and agency — come to about 8.6% of the price here. On a 100 m² apartment at the average price that is roughly $19,883 on top of the $231,200 purchase price. That is close to the 9.5% median across the set. Of that, the transfer tax alone is 0.1–3% depending on the buyer and the property; the rest is notary, registration and agency fees. Inside Bulgaria we track 3 local markets separately: Sofia at $4,412 (90.8% above the national figure) down to Burgas at $2,560.

What it earns

A square metre lets for about $9.4 a month. Against a purchase price of $2,312 per square metre that is 4.9% gross, before tax. Both figures come from the same source and the same period, so you can check the arithmetic yourself. It ranks 159th of 311 markets by gross yield. Rental income is taxed at 9–10% — the rate is not a single number here. The 4.4% net figure we publish uses 10%. On the way out there is a third tax: a non-resident seller pays 0–10% on the gain, depending on how long the property was held and who is selling.

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 65 markets scored, 37 read higher.

Bulgaria house price index, 2016–2026 (2016 = 100)

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.

How this figure is built

The price figure for Bulgaria is built from asking prices from listings. It was last refreshed on 2026-10-29. We rate our confidence in this market’s data low — treat the figures as indicative and check them before acting. We recompute every market the same way; a figure that fails our checks is suppressed, not guessed.

Sources: nsi.bg · tradingeconomics.com · ec.europa.eu · globalpropertyguide.com. Snapshot: 2026-10-29.