Real estate investment in Bulgaria

Bulgaria prohibits selling land to non-EU citizens. A land plot with a house can be bought for a legal entity if it’s a Bulgarian company.

The sale of flats in apartment buildings is not limited: you can freely buy, sell or rent them.

Statistics confirm the liquidity of investments: residential real estate prices grow by an average of 1,9% every quarter. Five years ago, an apartment of 100 m² cost an average of €96,000, and today it is sold for €138,000.

€1,381

Average price per 1 m²

€300,000

Real estate investment for residency

3—11%

Associated costs, of the property value

How the residential property price index is growing in Bulgaria

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Cost of a 3-bedroom apartment in Bulgaria

€800,000

Penthouse in the centre of Sofia

€400,000

Apartment in the centre of Sofia or Varna

€200,000

Apartment in Burgas

Schedule a meeting

Individual selection of investment properties

  • Discuss your tasks and goals

  • Choose between properties from reliable developers

  • Get fully prepared and verified documents for a purchase

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Bulgaria residence permit or citizenship by real estate investment

Bulgaria has a state residence permit program for property buyers. A residence permit is obtained by purchasing a property worth at least €300,000.

Discover real estate market trends in 41 European countries

Practical Guide

Discover real estate market trends in 41 European countries

  • Master the residency process
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Taxes and associated costs

Countries to buy a property and get residency or citizenship

We offer proven properties that comply with the conditions of government programs for investors. You can buy real estate and obtain a residence permit or citizenship.

Country
Property investments
Status
Obtaining time
mt-flagmt-flag
Malta12 properties

€300,000+

Permanent residency

6+ months

Show 12 properties

€300,000+Permanent residency6+ months
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Grenada19 properties

$270,000+

Citizenship

8+ months

Show 19 properties

$270,000+Citizenship8+ months
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ae-flagae-flag
UAE113 properties

AED 750,000+

Residence permit

2+ months

Show 113 properties

AED 750,000+Residence permit2+ months
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Spain36 properties

€500,000+

Residence permit

5+ months

Show 36 properties

€500,000+Residence permit5+ months
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Portugal67 properties

Not limited

Residency after D Visas

6+ months

Show 67 properties

Not limitedResidency after D Visas6+ months
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40+ guides with European countries

Find out how much it costs to buy and rent real estate in each country, what the market dynamics are and what taxes you need to pay when buying and selling.

gr-flagReal estate investment in Greece

Greece does not restrict property deals. Therefore, foreigners can freely buy, lease, and sell residential and commercial real estate.

€2,600

Average price per 1 m²

€250,000+

Real estate investment for residency

Learn more
fi-flagReal estate investment in Finland

Foreigners can freely buy and sell real estate in Finland. To purchase a land plot with a house, one needs permission from the Ministry...

€5,300

Average price per 1 m²

0,6%

Average price growth per quarter

Learn more
cz-flagReal estate investment in Czechia

In Czechia, foreigners can buy, sell and rent out properties without restrictions.

€4,400

Average price per 1 m²

3%

Average price growth per quarter

Learn more
at-flagReal estate investment in Austria

The sale of real estate to foreigners is limited in Austria: you must obtain permission from a municipality for the purchase. The...

€4,611

Average price per 1 m²

2%

Average price growth per quarter

Learn more
gb-flagReal estate investment in Great Britain

Foreigners can buy, lease and sell real estate without restrictions in the UK.

€4,310

Average price per 1 m²

1,3%

Average price growth per quarter

Learn more
se-flagReal estate investment in Sweden

Foreigners can freely buy, lease, and sell real estate in Sweden. There are no restrictions on property ownership for non-residents or...

€4,800

Average price per 1 m²

1.2%

Average price growth per quarter

Learn more
Igor Buglo

Material prepared by Igor Buglo, Head of the Maltese office, MBA

Updated:
26 April, 2024

Frequently asked questions

  • Can foreigners buy property in Bulgaria?

    Only if they are citizens of the European Union. A plot of land with a house can be bought by a Bulgarian legal entity.

  • Is Bulgaria a good place to buy a property?

    Yes. Real estate in Bulgaria is a liquid asset: the price of residential real estate increases by an average of 1,9% quarterly. Five years ago, a 100 m² apartment cost an average of €96,000, and today it can be sold for €138,000.

    At the same time, a 1 m² of housing in Bulgaria costs lower than the European Union average.

    Investors who buy real estate in Bulgaria can apply for a residence permit program. They need to purchase real estate for at least €300,000.

  • What's the average house price in Bulgaria?

    Prices for apartments start from €15,000. The average cost of 1 m² of residential real estate is €1,381. Housing prices are rising annually: in the first quarter of 2022, the cost of Bulgarian properties increased by 11,5% year-on-year, according to Eurostat.

  • What are the pitfalls of buying property in Bulgaria?

    The main obstacle is a limitation for foreigners: non-EU citizens can’t buy real estate in Bulgaria directly. One of the most popular ways to avoid this is to apply for a Bulgaria residence permit by real estate investment program, but property expenses in that case begin at €300,000.