Real estate investment in Bulgaria reaches €472.2 million so far in 2026, Colliers says

Investment volume in Bulgaria's real estate market has reached €472.2 million since the start of 2026, according to a third-quarter report on the Sofia property market by Colliers, BTA reported on 5 November.

Prime yields were unchanged at 7.5% for office properties, 7.75% for retail space, 7.5% for industrial and logistics properties and 3.75% for residential properties. The prime yield is the expected annual income return on the best-quality assets and is a key benchmark for investors pricing property.

Sofia has 2,524,100 sq m of Class A and B office space, with another 237,600 sq m under construction. Vacancy is 11.5%. Average asking rents, excluding VAT, are €17 per sq m a month for Class A offices and €12 for Class B. The city has 105,500 sq m of flexible workspace, with 3,800 sq m more in development; monthly rates are €150 for a coworking desk, €200 for a dedicated desk and €280 for a private office.

The stock of speculative industrial and logistics space in Sofia is 1,488,500 sq m, with 130,800 sq m under construction. Vacancy fell from the previous quarter to 1.3%, and rents were stable at €6 per sq m a month for Class A and €4.50 for Class B.

In retail, prime rents were unchanged at €46 per sq m a month in shopping centres and €13 in retail parks and other high-street locations. No new shopping centres have started construction, while 29,600 sq m of retail park space is in development. Vacancy was 2.8% in shopping centres, 2.9% in retail parks and 2.7% on Vitosha Boulevard.

In the residential segment, average asking prices in gated house complexes in Sofia, including VAT and a parking space, are €850,000 for detached houses, €740,000 for semi-detached houses and €565,000 for terraced houses. There are 2,170 houses on offer in such complexes and another 1,460 under construction.