Property Prices and Demand Surge Ahead of Bulgaria’s Euro Adoption

For more than two decades, real estate in Bulgaria has been offered primarily in euros, a practice familiar to both buyers and sellers, BNT reports. Despite this, many property deals have continued to be completed in Bulgarian levs (BGN), mainly because bank loans in levs have offered more attractive interest rates.

With Bulgaria’s imminent entry into the eurozone, all property transactions are expected to be conducted solely in euros, marking a significant shift for the market.

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