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

Elena Kozyreva
Elena Kozyreva

Managing Director for Real Estate projects

Prefer messengers?

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

Taxes and associated costs

Check if real estate in these countries suits your goals

The selections include only verified real estate projects from reliable developers. Purchasing these properties may bring you a residence permit or even citizenship.

Country
Investments
Status
Time required
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Malta11 objects

€690,000+

Citizenship

1 or 3 years

Show 11 objects

€690,000+Citizenship1 or 3 years
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Grenada20 objects

$150,000

Citizenship

6+ months

Show 20 objects

$150,000Citizenship6+ months
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United Arab Emirates75 objects

AED 750,000+

Residence permit

2+ months

Show 75 objects

AED 750,000+Residence permit2+ months
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Spain47 objects

€500,000+

Residence permit

5+ months

Show 47 objects

€500,000+Residence permit5+ months
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Portugal75 objects

€820+

Residence permit

4+ months

Show 75 objects

€820+Residence permit4+ months
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40+ guides on European countries

Learn the prices for purchasing and renting a property in each country, the market dynamics and taxes on buying and selling real estate.

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Real estate investment in Greece

The sale of real estate is not limited in Greece: foreigners can buy and sell housing and commercial real estate and rent it out.

€1,848

Average price per 1 m² of housing in Greece

€250,000

Minimum investment amount to get a residence permit

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Real estate investment in Finland

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

€3,816

Average price per 1 m²

0,6%

Average price growth per quarter

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Real estate investment in Czech

Foreigners can freely buy, rent out, and sell real estate in the Czech Republic.

€3,988

Average price per 1 m²

3%

Average price growth per quarter

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Real 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

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Real 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

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Real estate investment in Sweden

Foreigners can freely buy, lease and sell real estate in Sweden.

€4,872

Average price per 1 m²

1,2%

Average price growth per quarter

A guide about investing in real estate was prepared by our expert

Igor Buglo

Igor Buglo

Head of the Maltese office, MBA

Updated:
April 13, 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.