The Impact of the Euro on Bulgaria’s Property Market: Experts Predict Temporary Price Growth in Major Cities

The upcoming eurozone accession is expected to influence property prices in Bulgaria, particularly in larger urban centers. Industry professionals forecast a temporary increase in real estate values, ranging from 9 to 15 percent, with the trend most visible in cities like Sofia, Plovdiv, Varna, and Burgas, BNR reports.

The surge in construction activity observed across these cities is one of the contributing factors....