Sim Property Group
One-stop shop for your property
Czech Republic, Poland, Slovakia & Bulgaria
русский Български Połysk česky English

» Bulgaria
  » Bulgaria Property Market
      » Sofia, Varna, Beach, Ski
  » Bulgaria Buying Guide & Costs
      » Bulgaria Tax
      » Bulgaria Property Prices
  » Bulgaria Property Investments
  » Bulgaria Mortgages
  » Bulgaria Property Management
  » Bulgaria Lettings & Rentals
  » Bulgaria Property Resales

We are currently sourcing discounted property investments on a bespoke basis.
Contact us if you are seriously looking for a good investment property in the Czech Republic, Slovakia, Poland, & Bulgaria.

Signup for our FREE newsletter ...

for the latest market analysis & more
view our newsletter archive

  » World Property Markets Reviewed
  » World Property Price Forecasts
  » SIM Property Services doc
  » CEE Property Tax Guide

  » Why Buy Through Us?
  » Our Values
  » Our Services
  » Our Team
  » Careers with us


Sofia Property Market Overview

Complete property services in Bulgaria
  • Sim Property delivers a full range of Bulgarian property services, from rentals & property management to resales.
  • We actively cover Sofia, Bansko, Sunny Beach and beyond with our own offices & staff.
  • Contact us for more about our full range of Bulgarian property services.

In the years leading up to EU membership property prices in Sofia grew steadily but in a fragmented way as the property market tried to erratic supply and demand dynamics.

Since EU membership in 2007 the property market saw renewed confidence and property prices started to rise more strongly.

The large amount of FDI and EU money that have been invested in the 3-5 years leading up to EU membership have created many more jobs at many levels of the economy and improved infrastructure such as roads (though the city still has a long way to go) and a new airport terminal.

It is predicted that 100,000 people are migrating to Sofia (with a population of just over 1m) every year, this alone is going to have a huge increase in demand.

Demand is further supplemented by the increasing wages and decreasing unemployment, and now locals are beginning to get access to affordable mortgages which makes the purchase of property that much easier.

Yet on the supply side of the equation only around 3,000 units per year have been built over the last few years, which is not enough to keep up with demand. A situation that will not be rectified overnight, hence upwards pressure on prices should continue.

Whilst much of the city is growing strongly some of the safest areas to invest in are the city centre and the area to the south between the centre and the ring road.

Sim Property Live Chat