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Worth Over 1.6 Billion Euros: Around 150 Bulgarian Magistrates Own Five or More Apartments, Report Finds

More than one-third of Bulgarian magistrates own multiple homes, while around 150 judges, prosecutors and investigators have declared ownership of five or more apartments, according to a new analysis examining property and vehicle declarations filed between 2017 and 2024.

The report, titled “Properties and Cars of Magistrates: What Public Data Tell Us,” was presented by the Bulgarian Institute…

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Property Investor Says Bulgaria Housing Market Is “Not a Bubble”

A Bulgarian real estate investor has said, in an interview with BNR, that the property market is moving from “euphoria to reality,” but insisted that there is no sign of a bubble or imminent price collapse.

Speaking to Bulgarian National Radio, investor Ivo Dimovski, who operates in both Bulgaria and Germany, argued that rising property prices are largely driven by strong domestic demand and…

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A Greek Island Is Now Cheaper Than an Apartment in Sofia

A small Greek island once marketed as a luxury investment opportunity has seen its price collapse dramatically, now set for auction at 247,000 euros, a fraction of its earlier valuation, Bulgarian media "Focus" reported, citing Greek Reporter.

The island of Makri, located in the Echinades archipelago in the Ionian Sea, was previously promoted by international real estate agencies as a prime site…

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Bulgaria Property Market Cools as “Eurozone Effect” Fades

The Bulgarian real estate market is showing signs of cooling in early 2026, with experts reporting a slowdown in transactions and a shift toward more balanced conditions between buyers and sellers. Data indicates that property deals have decreased by around 10%, while available listings have increased by more than 25%, leading to longer periods needed to close transactions.

According to real…

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Buyers Choose Location Over Size as Bulgarian Housing Prices Rise

The housing market in Bulgaria is undergoing notable shifts, with buyers increasingly prioritizing location and accessibility over sheer size. According to the latest analysis by “ADDRESS Real Estate,” the rising property prices in 2025, which climbed between 15 and 20 percent in major cities like Sofia, Plovdiv, Varna, and Burgas, have prompted a more pragmatic approach. Prospective homeowners…

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