Property Prices in Sofia
The market in 2026
- Prices: the average price of actual sales was €2,680 per m² in the first quarter of 2026, against €2,790 at the end of 2025 and €2,080 at the start of 2025.
- Sales: 7,529 sales were registered in the first quarter, 12.3% fewer than a year earlier.
- Loans: new housing loans grew by about 18% on a year earlier, at an average rate of 2.46%.
- Latest quarter: the national statistics office measured a 2.4% rise in Sofia in the second quarter of 2026 on the previous quarter, and 15.5% nationally on a year earlier.
Source: Bulgarian Properties: Sofia housing market in Q1 2026 (26 May 2026); BTA: Home prices up 15.5% a year in Q2 2026, NSI says (23 September 2026)1,2
On resales, buyers could negotiate 3 to 5% off the asking price. Lozenets, Iztok, Strelbishte, Beli Brezi and Krasno Selo remain the most sought after districts.1
Asking prices by district
| District | All flats, € per m² | One-bedroom flat, € per m² |
|---|---|---|
| Doktorski Pametnik | 5,567 | 5,657 |
| Izgrev | 4,293 | 5,396 |
| Iztok | 4,256 | 4,219 |
| Ivan Vazov | 4,208 | 4,342 |
| Lozenets | 4,047 | 4,138 |
| Oborishte | 4,008 | 4,086 |
| Center | 3,445 | 3,420 |
| Krastova Vada | 3,240 | 3,217 |
| Dianabad | 3,212 | 3,288 |
| Manastirski Livadi | 2,903 | 3,017 |
| Boyana | 2,890 | 2,901 |
| Mladost 1 | 2,886 | 3,055 |
| Vitosha | 2,837 | 2,876 |
| Studentski Grad | 2,704 | 2,787 |
| Druzhba 1 | 2,615 | 2,630 |
| Mladost 4 | 2,504 | 2,731 |
| Ovcha Kupel | 2,301 | 2,405 |
| Lyulin 5 | 1,883 | 1,962 |
| Obelya | 1,761 | 1,732 |
Source: imot.bg: Average asking prices of property in Sofia by district (8 October 2026, in Bulgarian)3
Median asking prices of flats listed for sale on imot.bg on 8 October 2026. A one-bedroom flat is a two-room flat (dvustaen) in Bulgarian listings. Agreed prices are usually a little lower than asking prices.3,1
New builds and finishing
- Asking price: new flats in Sofia were offered at an average of €2,070 per m² excluding VAT, with 7,630 flats under construction for sale.
- Finishing: completing a new flat adds about €500 per m² on top of the price.
- VAT: 20% applies to new buildings bought from a VAT-registered developer.
Source: BTA: 7,630 apartments under construction for sale in Sofia (Colliers); Vesti.bg: The real price of a new home in Sofia; RSM Bulgaria: Real estate tax factsheet 20264,5,6
Costs of buying in Sofia
- Transfer tax: about 3% of the price in Sofia; other municipalities set 0.1% to 3%.
- Registration fee: 0.1% of the price.
- Notary: about €375 plus VAT on a €100,000 flat.
- Agent and lawyer: an agent’s commission is usually 2 to 5%, and legal fees €300 to €1,500.
Source: Innovires Legal: Buying property in Bulgaria as a foreigner 2026 (24 March 2026)7
In all, buyers should allow 5.5 to 10% on top of the price. Who can buy and how are on Can Foreigners Buy Property in Bulgaria?, and rents and yields on Rental Yields.7
Frequently Asked Questions
What is the average price per square metre in Sofia?
Flats in Sofia sold for an average of €2,680 per m² in the first quarter of 2026, and the average flat sold for about €217,500. Asking prices range from about €1,760 per m² in Obelya to about €5,570 in Doktorski Pametnik.
Which are the most expensive districts in Sofia?
By asking price per m² in October 2026, the most expensive were Doktorski Pametnik, Izgrev, Iztok, Ivan Vazov, Lozenets and Oborishte, all above €4,000 per m².
Are Sofia property prices still rising?
Yes, more slowly. The national statistics office measured a 2.4% rise in Sofia in the second quarter of 2026 on the previous quarter, while sales in the first quarter were 12.3% lower than a year earlier.
How much does a new build cost in Sofia?
New flats in Sofia were offered at an average of €2,070 per m² excluding VAT. Finishing a new flat adds about €500 per m², and 20% VAT applies when buying from a VAT-registered developer.
What are the costs of buying a flat in Sofia?
Allow 5.5 to 10% on top of the price: about 3% transfer tax in Sofia, a 0.1% registration fee, notary fees, and usually an agent commission of 2 to 5% and legal fees.
Sources
- Bulgarian Properties: Sofia housing market in Q1 2026 (26 May 2026)
- BTA: Home prices up 15.5% a year in Q2 2026, NSI says (23 September 2026)
- imot.bg: Average asking prices of property in Sofia by district (8 October 2026, in Bulgarian)
- BTA: 7,630 apartments under construction for sale in Sofia (Colliers)
- Vesti.bg: The real price of a new home in Sofia (in Bulgarian)
- RSM Bulgaria: Real estate tax factsheet 2026 (PDF)
- Innovires Legal: Buying property in Bulgaria as a foreigner 2026 (24 March 2026)
Figures checked 15 October 2026. Prepared by InvestBulgaria for general information. It is not investment, tax or legal advice; please confirm details with a qualified adviser before acting.
