21 strong reasons to buy property in Bulgaria in 2025

Authored by the expert who managed and guided the team behind the Bulgaria Property Pack

Everything you need to know before buying real estate is included in our Bulgaria Property Pack

Are you considering investing in real estate and looking for a promising location? Wondering why Bulgaria is becoming a hotspot for property buyers? Curious about the benefits of purchasing property in Bulgaria in 2025?

We will lay down recent insights. Here, no guesswork, we rely only on solid data.

Actually, we know this market inside and out. We keep tabs on it regularly, and all our discoveries are reflected in the most recent version of the Bulgaria Property Pack

1) Bulgaria's Black Sea coast drives high demand for coastal properties

Bulgaria's Black Sea coast is a hot spot for tourists, drawing in crowds for its stunning beaches and vibrant culture.

In July 2024, the area saw nearly 794,000 international visitors, a clear sign of its growing popularity. This surge in tourism is a major driver for those looking to invest in coastal properties.

Hotel revenues have also jumped, with a 15% increase in July 2024 compared to the previous year. The high occupancy rates, especially in 4- and 5-star hotels, show that people are eager to experience what the region has to offer, making property ownership even more appealing.

The Bulgarian government is backing this boom by investing in coastal infrastructure. These projects are designed to enhance the tourist experience and draw even more visitors, adding to the area's allure.

Travel publications are raving about the Black Sea coast, highlighting its natural beauty and family-friendly facilities. This positive buzz is another reason why the area is on the radar for potential property buyers.

Sources: Travel and Tour World, ETIAS, Casamundo

2) The Bulgarian government is digitalizing to enhance online property transactions and management

The Bulgarian government is heavily investing in digitalization to enhance online property transactions and management.

They've set aside EUR 2.2 billion for digital transformation, showing their dedication to upgrading digital infrastructure. This is part of a larger plan to modernize sectors like real estate, aligning with the Digital Decade goals. The aim is to make property dealings smoother and more efficient for everyone involved.

There's been a 9.9% increase in online residential property transactions in the second quarter of 2024 compared to the previous year. This rise highlights a shift towards digital platforms for buying and selling homes, a trend the government is eager to support. It's becoming easier and more common to handle property matters online.

Systems like RegiX are making a big difference by connecting multiple registries to streamline administrative processes. This reduces the need for physical paperwork, making property management faster and more efficient. It's all about integrating technology into government services to boost user satisfaction.

These efforts are part of a broader push to integrate technology into everyday transactions, making life easier for property buyers and sellers. The focus is on creating a seamless experience, where everything from searching for a property to finalizing a deal can be done online.

With these advancements, the Bulgarian government is clearly focused on improving the digital landscape for property transactions. This not only benefits the real estate sector but also enhances the overall efficiency of government services.

Sources: Digital Strategy, Global Property Guide, E-Gov Bulgaria

Everything you need to know is included in our Property Pack for Bulgaria

3) Bulgaria's healthcare is improving, attracting retirees who want quality medical care

Bulgaria's healthcare system is becoming a top choice for retirees looking for quality medical care.

Thanks to USD 350 million from the European Resilience and Recovery fund, Bulgaria has been able to enhance its healthcare infrastructure significantly. This funding has been channeled into various projects, improving access and connectivity across the country. Imagine walking into a hospital in Sofia or Plovdiv and finding facilities that match those in Western Europe.

In the last five years, over $5.4 billion has been poured into the healthcare sector, leading to a noticeable increase in modern hospitals and clinics. These investments mean that major hospitals now have professional staff, clean wards, and cutting-edge technology. It's like stepping into a healthcare facility in Germany or France, but with the charm of Bulgaria.

Bulgaria is also embracing the digital age with open arms. The country is rolling out electronic health records and remote consultations, making healthcare more accessible and efficient. This digital shift is a game-changer, especially for those who prefer the convenience of online consultations.

Technological advances don't stop there. Bulgaria is leveraging AI for more accurate diagnoses and effective therapies. This means better, faster, and more reliable healthcare services, which is a huge plus for anyone considering a move here.

These advancements are not just about technology; they're about providing high-quality care. With modern medical equipment and improved facilities, Bulgaria is setting a new standard in healthcare, making it an attractive option for retirees.

Sources: Trade.gov, Treatment Abroad, Oliver Wyman

4) Bulgaria's rental market is booming offering strong income potential for property investors

The Bulgarian rental market is on the rise, offering steady income potential for property investors.

In cities like Sofia, Plovdiv, and Varna, there's a growing demand for rental properties thanks to urbanization and better job opportunities. These cities are becoming hotspots for young professionals and families looking for a higher quality of life.

Foreign tourists and expatriates are also flocking to Bulgaria, seeking long-term rentals. With popular tourist spots like Bansko and Borovets, the short-term rental market is thriving, creating a consistent demand for properties.

Investors are drawn to Bulgaria because of its favorable tax policies. Property tax is just 0.15% of the housing price, making it much cheaper to maintain properties compared to Western Europe.

Lower property maintenance costs further enhance profitability for investors. This financial advantage makes Bulgaria an attractive option for those looking to invest in real estate.

Sources: eSales International, Advocate Abroad, Harmony Suites

5) Bulgaria's tech boom draws young professionals boosting urban housing demand

Bulgaria's tech industry is booming, drawing in young professionals from all over.

With over 220 software development companies offering everything from web development to data consulting, the tech scene is vibrant. This surge is backed by foreign investments, pushing the sector's revenue to 2.5 billion euros. Over the past seven years, the industry has seen a 300% turnover growth, making it a hot spot for tech talent.

In 2024, high-tech companies in Bulgaria continued to make waves with major deals, keeping the market on an upward trajectory. The government, with a little help from the EU, is all in on digital innovation, especially in IoT and smart cities. This has sparked a rising demand for tech jobs, with salaries between €20,000 and €40,000, making Bulgaria a magnet for job seekers.

As these professionals flock to Bulgaria, urban housing demand is climbing, especially in tech hubs like Sofia and Plovdiv. The tech sector's big deals have also boosted the need for office spaces, driving up investment volumes. This influx of professionals is causing property prices in urban centers to rise, as more people look to settle in these bustling areas.

Sources: Alcor BPO, Economic.bg, AtoZ Serwis Plus

Get to know the market before you buy a property in Bulgaria

Better information leads to better decisions. Get all the data you need before investing a large amount of money. Download our guide.

Get the guide

6) Bulgaria's location in Southeast Europe is a key gateway for trade and travel between Europe and Asia

Bulgaria is a key player in connecting Europe and Asia, thanks to its strategic location in Southeast Europe.

Foreign investors are taking notice, with 1.24 billion euros in foreign direct investment flowing into Bulgaria in the first nine months of 2024. Countries like Austria, the Netherlands, and Greece are leading the charge, seeing Bulgaria as a promising business hub.

Trade between China and Bulgaria is booming, with trade volume reaching $1.96 billion in the first half of 2024. Bulgarian agricultural exports to China, especially rose-based products and yogurt, have been growing by over 50% annually since 2020.

Bulgaria is not just sitting back; it's actively enhancing its transport infrastructure. New highways and railways are being developed, boosting connectivity with neighboring countries and making Bulgaria even more appealing to international businesses.

These infrastructure improvements are crucial for supporting the growing trade and travel demands. Bulgaria's efforts are making it a more attractive hub for international companies looking to expand their reach.

With its strategic location and ongoing developments, Bulgaria is positioning itself as a vital gateway for trade and travel between Europe and Asia.

Sources: Export Virginia, Sofia Globe, China Briefing

7) Bulgaria's EU membership ensures economic stability and boosts real estate growth

Bulgaria's entry into the European Union has been a game-changer for its real estate market, offering economic stability and growth opportunities.

Since joining the EU, Bulgaria has seen a surge in foreign direct investment, especially in manufacturing, IT, and tourism. This influx of capital has not only boosted the economy but also sparked the development of new commercial and residential projects, giving the property market a significant lift.

Post-EU accession, Bulgaria's GDP growth has been on the rise, with projections of 3-4% annual growth by 2025. This steady economic expansion, fueled by foreign investments and a strong service sector, is expected to further strengthen the property market. EU cohesion funds have also played a role, backing infrastructure projects that enhance living standards and boost property values in cities like Sofia and Plovdiv.

The tourism sector in Bulgaria is thriving, which has led to a higher demand for residential properties, especially in urban areas. The residential market is set for growth, driven by both local and international buyers. Property prices are likely to climb gradually, thanks to a balanced supply-demand scenario and a more stable economy.

EU membership has also brought about stronger legal frameworks and better property rights protection in Bulgaria. This creates a secure environment for property transactions, attracting more international real estate investors who are keen on a safe investment climate.

With these developments, Bulgaria's real estate market is poised for a bright future, offering promising prospects for potential buyers looking to invest in a stable and growing economy.

Sources: eSales International, World Bank

8) Bulgaria's ski resorts are booming driving demand for vacation homes in the mountains

Bulgaria's ski resorts are becoming a hot spot, boosting the market for vacation homes in mountainous areas.

Take Bansko, for example. It's the most popular ski destination in Bulgaria, and from December 2023 to January 2024, it saw 86,772 tourist registrations. Meanwhile, Samokov isn't far behind, with a 16.2% increase in tourists compared to last winter, totaling 55,518 registrations.

This influx of tourists is pushing up property prices in these ski areas. Bansko, with its modern ski center and reliable snow, has attracted significant investment. They've poured €60 million into infrastructure improvements, making it even more appealing to visitors and investors alike.

There's a buzz around the luxury ski chalet market in Europe, and Bulgaria is no exception. Experts predict a modest rise in property prices by 2025, driven by international buyers looking for exclusive holiday homes. This trend is fueled by the ongoing expansion and modernization of ski resort infrastructure.

Bansko is leading the charge with new developments. They've added 25 km of ski runs and an eight-chair gondola, plus they're developing the area behind the Todorka 6-chair lift on the Platoto track. These upgrades are making the skiing experience even better, drawing more tourists to the slopes.

Sources: Skiresort.info, UNWTO, Skiing Property, Novinite

Everything you need to know is included in our Pack for Bulgaria

9) Bulgaria's arts scene and festivals boost short-term rentals in cultural hubs

Bulgaria's arts scene and festivals are a big draw for visitors.

In 2023, tourism revenue in Bulgaria exceeded pre-pandemic levels, thanks to a surge in international visitors. This trend was already visible during the European Capital of Culture program in Plovdiv in 2019, which attracted over 1.2 million visitors, with nearly half coming from EU member states.

Major arts events in Bulgaria have seen a remarkable increase in attendance. The Plovdiv 2019 program alone featured around 800 events, drawing in over 1.2 million visitors. This growing interest has naturally led to more short-term rental listings, especially in cities like Sofia and Plovdiv during festival seasons. Platforms like Flatio have expanded their offerings to meet this demand, providing a range of accommodations from cozy studios to spacious apartments.

The economic impact of these cultural events is significant. For example, the Plovdiv 2019 program contributed 400 million leva (205 million euros) to the Bulgarian economy, highlighting the financial benefits of such festivals. Media coverage showcasing Bulgaria's vibrant arts scene has also played a crucial role in attracting more visitors, further boosting the local economy and short-term rental market.

In cities like Sofia and Plovdiv, the demand for short-term rentals spikes during festival seasons. This is because visitors flock to these cultural hubs, eager to experience the lively arts scene. Platforms like Flatio have stepped up to offer a variety of accommodations, from cozy studios to spacious apartments, catering to the diverse needs of these visitors.

With the arts scene thriving, Bulgaria's cultural hubs are becoming hotspots for short-term rentals. This trend is fueled by the influx of visitors drawn to the country's vibrant festivals and events. As a result, property owners in these areas are seeing increased opportunities for short-term rentals, making it an attractive option for potential buyers.

Sources: Emerging Europe, Flatio

10) Bulgaria's mountains and beaches attract tourists all year boosting rental potential

Bulgaria's mix of mountains and beaches makes it a year-round tourist magnet.

In 2024, Bulgaria welcomed 10.7 million foreign tourists from January to September, a 2.5% jump from 2019, the last big year before the pandemic. This surge shows that more people are discovering Bulgaria's charm, which is great news for those looking to invest in holiday rentals.

Platforms like Airbnb are booming in Bulgaria, highlighting its growing appeal. The demand for properties is strong in both coastal and mountain regions, with many visitors coming from EU countries. This trend is a clear sign of the rental potential in these areas.

Places like Bansko and Sunny Beach are particularly profitable for rentals. These hotspots are not just popular; they are highly lucrative for property owners. If you're considering buying a property, these areas are worth a look.

With its diverse climate, Bulgaria offers something for everyone, from sunbathing on the Black Sea in summer to skiing in the mountains during winter. This variety keeps tourists coming back, ensuring a steady demand for rentals.

Investing in Bulgarian property could be a smart move, especially with the steady influx of tourists year-round. The country's unique blend of natural beauty and cultural richness makes it a compelling choice for both tourists and investors.

Sources: Sofia Globe, Trading Economics, Euronews

11) Bulgaria's cultural heritage and historical sites boost short-term rental demand.

Bulgaria's rich cultural heritage and historical sites have been a magnet for tourists, especially in recent years.

In 2024, Bulgaria welcomed over 12 million international visitors, with many coming from Romania, Germany, the UK, and Turkey. This influx has been a boon for short-term rentals, as travelers seek unique and culturally immersive experiences. Imagine staying near the Ancient City of Nessebar or the Rila Monastery, two of Bulgaria's 10 UNESCO World Heritage Sites, which are not just culturally significant but also major tourist draws.

These sites naturally increase demand for nearby accommodations, boosting the short-term rental market. In cities like Plovdiv and Veliko Tarnovo, cultural festivals and events further enhance Bulgaria's appeal. These events attract history buffs and festival-goers, contributing to the growth of cultural tourism. As a result, platforms like Airbnb have seen significant growth, especially in cities where tourists can enjoy both cultural charm and modern comforts.

For instance, Plovdiv, known for its vibrant arts scene, offers a mix of ancient history and contemporary culture, making it a hotspot for visitors. Veliko Tarnovo, with its medieval architecture, provides a picturesque backdrop for traditional festivals. These cities are not just tourist destinations but also thriving hubs for short-term rentals, offering a blend of old-world charm and modern amenities.

Investing in property near these attractions could be a smart move, given the steady stream of tourists. The demand for short-term rentals is likely to remain strong, providing a lucrative opportunity for property owners. With Bulgaria's cultural heritage continuing to draw international attention, the potential for rental income is substantial.

Sources: ETIAS, RJ Travel Agency, Fallz Hotels

Buying real estate in Bulgaria can be risky

An increasing number of foreign investors are showing interest in Bulgaria. However, 90% of them will make mistakes. Avoid the pitfalls with our comprehensive guide.

Download Now

12) Bulgaria's diverse landscape creates niche markets in eco-tourism and adventure tourism

Bulgaria's diverse landscape is a hotspot for eco-tourism and adventure tourism.

Imagine hiking through lush trails or birdwatching in serene settings; Bulgaria offers these and more through its growing eco-tourism operators. Unique spots like Omaya and Cob Camp Dabravite provide sustainable accommodation that attracts eco-conscious travelers. These eco-villages are perfect for those who want to experience nature without leaving a footprint.

For thrill-seekers, Bulgaria's adventure tourism is booming with activities like kayaking, canyoning, and trekking. Whether you're biking through rugged terrains or diving into crystal-clear waters, the country offers a variety of experiences that keep adventure enthusiasts coming back. The rise in international tourists seeking these nature-based activities underscores the allure of Bulgaria's natural beauty.

Government initiatives are key in promoting sustainable tourism. The Charter for Sustainable Tourism aims to make Bulgaria a year-round destination, involving local businesses and NGOs in preserving its natural and cultural heritage. This collaboration ensures that the country's landscapes remain pristine and inviting for future generations.

Eco-friendly accommodations and adventure tour packages are on the rise, catering to a wide range of interests. Whether you're into organic farming or exploring caves, Bulgaria has something for everyone. These offerings not only enhance the tourist experience but also support local economies and conservation efforts.

Sources: nvisiontravel.com, BTA, Open Bulgaria, Outdoor Bulgaria

13) Bulgaria's low property taxes make real estate investments more affordable to maintain

In 2023 and 2024, Bulgaria boasted some of the lowest property tax rates in Europe, making it a hotspot for real estate investors.

With a rental income tax rate of just 10%, Bulgaria offers a more affordable option compared to many other European countries. This low rate is a significant advantage for those looking to maintain their real estate investments without breaking the bank. The property transfer tax is also a mere 3%, which is considerably lower than in many other nations, easing the financial burden of buying and selling properties.

Real estate agencies often highlight these low taxes as a major factor in keeping ownership costs down, which is a big draw for investors. In popular areas like Bansko and Sunny Beach, the number of foreign homebuyers is on the rise, largely due to these favorable tax conditions. Foreign investors frequently cite low property taxes as a key reason for choosing Bulgaria as their investment destination.

In Bansko, known for its ski resorts, and Sunny Beach, famous for its vibrant summer scene, the appeal of low taxes is undeniable. These areas are not just tourist attractions but also investment opportunities, with increasing numbers of international buyers taking notice. The combination of scenic beauty and financial benefits makes these locations particularly attractive.

For those considering a property purchase, understanding the tax landscape is crucial. Bulgaria's low property taxes mean that maintaining real estate investments is more affordable than in many other European countries. This financial advantage is a compelling reason for investors to explore the Bulgarian market.

Whether you're looking for a vacation home or a long-term investment, Bulgaria's tax-friendly environment offers a unique opportunity. The country's low property taxes make it more affordable to maintain real estate investments, providing a solid foundation for financial growth.

Sources: Global Property Guide, No More Tax, Global Property Guide

14) Bulgaria's new highways and airports boost property access and value

Bulgaria's infrastructure is getting a major facelift, making properties more accessible and valuable.

Sofia International Airport is at the heart of this transformation. With the addition of a new Terminal 3, the airport is set to double its capacity to handle 20 million passengers annually. This expansion is not just about more flights; it's about making the surrounding areas a hot spot for real estate. More passengers mean more demand, and that often translates to rising property values.

In 2023, the airport saw over 7 million travelers, a significant jump from pre-pandemic numbers. This increase, along with new airlines and destinations, has made the nearby areas more appealing for living and investment. The buzz around the airport's growth is likely pushing property prices up, as better connectivity often does.

But it's not just the airport that's changing the game. Major highway projects are slashing travel times between Bulgaria's key cities. While exact numbers aren't available, it's clear that these new roads are making commuting easier. This convenience is a big draw for buyers and investors, boosting the appeal and value of properties near these highways.

Improved infrastructure is a game-changer for real estate. With better roads and a bustling airport, properties in these areas are becoming more attractive. It's a simple equation: better access equals higher demand, and that often leads to increased property values.

So, if you're considering buying property in Bulgaria, keep an eye on these infrastructure developments. They are not just about getting from point A to B faster; they're about making the country a more connected and appealing place to live and invest.

Sources: Aerotime, Vurdhaan, European Newsroom, BTA

Everything you need to know is included in our Property Investment Pack for Bulgaria

15) Bulgaria's growing wine industry boosts wine tourism and drives demand for rural properties

Bulgaria's wine industry is booming, and it's catching the eye of property buyers.

One reason for this growth is the significant increase in wineries and vineyards across the country. This isn't just about quantity; it's about quality too. Local producers are reviving traditional grape varieties like Mavrud and Melnik, alongside popular international ones, using modern techniques to enhance their wines.

Bulgarian wines are also gaining international acclaim. In 2024, wines from three Bulgarian producers won Gold, Silver, and Bronze medals at the Los Angeles International Wine Competition. This kind of recognition highlights the unique flavors and high quality of Bulgarian wines, making them a hit with wine lovers around the globe.

Wine tourism is on the rise in Bulgaria, thanks to a growing middle class and a shift towards premium wines. This trend is drawing more attention to the country's wine regions, sparking interest in Bulgarian wines. As more tourists explore these areas, the demand for rural properties is increasing, with many seeing the potential for investment.

The economic benefits of the wine industry are also felt in rural communities. As the industry grows, it brings jobs and opportunities, making these areas more attractive for those looking to invest in property. The impact on local economies is significant, further fueling interest in rural real estate.

With Bulgaria's wine industry expanding and gaining international recognition, it's no wonder that more people are considering buying property in the countryside. The combination of award-winning wines, growing tourism, and economic opportunities makes it an appealing prospect.

Sources: FAS USDA, Kristova Family Partners, StrategyH

16) Bulgaria's folklore and traditions drive cultural tourism and increase demand for unique accommodations

Bulgaria's rich folklore and traditions are a major draw for cultural tourism.

In 2024, the country welcomed 10.7 million foreign visitors by September, a 2.5% increase from 2019. This uptick shows a growing fascination with Bulgaria's cultural scene.

A standout event is the National Festival of the Bulgarian Folklore in Koprivshtitsa. In August 2024, it featured nearly 4,000 performers, showcasing Bulgaria's vibrant traditions. Held every five years, this festival invites international participants, highlighting Bulgaria's commitment to sharing its cultural heritage.

The Balkan Heritage Foundation plays a crucial role in this cultural boom. Their work in restoring sites like medieval churches has fueled interest in cultural tourism. These efforts, along with social media buzz, have put Bulgaria's folklore in the spotlight.

With more media coverage, Bulgaria's authentic cultural experiences are gaining traction. The combination of festivals, heritage sites, and online trends is making Bulgaria a must-visit for those seeking unique cultural adventures.

Sources: Sofia Globe, Bulgaria Travel, Balkan Heritage Foundation

17) Bulgaria offers strong incentives for foreign investors to easily buy property

The Bulgarian government is making it easier for foreign investors to buy property by offering a flat tax rate of 10% on rental income.

This low tax rate is a big draw for those looking to earn rental income, making Bulgaria an attractive option for property investment. The government has also introduced a fast-track residency program for foreign investors.

If you buy property worth at least €300,000, you can get permanent residency in just six months, with the chance to apply for citizenship after five years. This makes settling in Bulgaria much simpler for investors.

On top of that, the government has cut down on bureaucratic hurdles, making it easier for foreign buyers to handle the legal and administrative processes involved in purchasing property. Estate agents are key players in helping foreign investors, ensuring a smooth experience.

In Bulgaria, the property market is buzzing with opportunities, especially for those looking to invest in rental properties. The streamlined processes and incentives make it a favorable environment for foreign buyers.

With these incentives, foreign investors find Bulgaria a welcoming place to invest in property, offering both financial benefits and a straightforward path to residency.

Sources: BG House, Sofia Globe, eSales International

Don't lose money on your property in Bulgaria

100% of people who have lost money in Bulgaria have spent less than 1 hour researching the market. We have reviewed everything there is to know. Grab our guide now.

Download Now

18) Bulgarian government investment in renewable energy boosts property values in eco-friendly areas

The Bulgarian government is heavily investing in renewable energy, which could boost property values in eco-friendly areas.

In recent years, Bulgaria has shown a strong commitment to green energy. For instance, in 2023 and 2024, the National Recovery and Resilience Plan funded 249 renewable energy and storage projects. This move highlights the country's dedication to increasing its renewable energy capacity, making eco-friendly areas more appealing to potential property buyers.

By 2023, Bulgaria's renewable energy share in end consumption was 19.10%. The country aims to double its renewable energy production capacity by 2030, signaling a clear focus on sustainable energy solutions. This growth in renewable energy can make eco-friendly areas more attractive to those looking to invest in property.

The government is also making it easier for people to invest in green energy projects. They've introduced incentives for eco-friendly construction and renovations, such as simplified administrative procedures and low taxes. These measures enhance the appeal of eco-friendly areas, encouraging more investments.

For those considering buying property in Bulgaria, these developments are worth noting. The government's push for renewable energy and eco-friendly initiatives could lead to increased property values in areas that embrace these changes.

With these efforts, Bulgaria is positioning itself as a leader in sustainable energy, which could have a positive impact on the real estate market. The focus on renewable energy and eco-friendly policies is likely to attract more buyers interested in sustainable living.

Sources: Bulgaria expects record energy investments in 2024-2025, Bulgaria to fund 249 renewable energy and storage projects under recovery plan, IFC Supports Major Solar Power Project to Drive Bulgaria's Renewable Energy Goals

19) The Bulgarian Lev's Euro peg cuts currency risk for European investors

The Bulgarian Lev has been pegged to the Euro at a fixed rate since 1999, making it a stable choice for investors.

Imagine investing in a country where the currency barely wobbles. That's Bulgaria for you. The Lev's exchange rate with the Euro has shown minimal fluctuations, like a tiny shift between 0.512 and 0.510 in December 2024. This kind of stability is a dream for anyone looking to invest without worrying about currency surprises.

Back in 2020, Bulgaria took a big step by joining the ERM II, which is like a waiting room for countries wanting to adopt the Euro. This move further cemented the Lev's fixed exchange rate under Bulgaria’s currency board arrangement. It's a smart setup that helps meet economic criteria and boosts investor confidence by keeping things steady.

Talk to real estate investors, and they'll tell you the same thing: the stable exchange rate with the Euro reduces currency risk. This predictability is a magnet for foreign direct investment, offering a safe haven from the usual currency rollercoaster.

So, if you're thinking about buying property in Bulgaria, know that the Lev's stability is a key factor in making your investment journey smoother. It's like having a financial safety net, thanks to the Lev's long-standing peg to the Euro.

Sources: ECB, Wise, ECB Economic Bulletin, BNP Paribas Economic Research, Wikipedia

20) Bulgaria's booming agriculture boosts rural land investment value

Bulgaria's agricultural sector is booming, with rural land investments on the rise.

One standout success is in barley production, which has hit record highs despite challenges like summer heat and drought. This shows that certain crops are thriving, making rural land more valuable. If you're considering buying property in the countryside, this is a promising sign.

Exports are another big win for Bulgaria. The country is now a key exporter of raw agricultural commodities in Southeast Europe. With the Common Agricultural Policy (CAP) for 2023-2027, Bulgaria plans to boost exports even more by focusing on eco-friendly practices. This not only helps the environment but also makes Bulgarian products more attractive on the global market.

Government support is a major factor in this success story. The CAP strategic plan is pouring EUR 4.1 billion into direct income payments for farmers from 2023 to 2027. This financial backing is crucial, encouraging farmers to invest in their operations and increase productivity.

Organic farming is also getting a boost, thanks to national support and EU funds. This push for sustainability is promoting eco-friendly agricultural practices, which is great news for anyone interested in sustainable living. Investing in rural land here could mean being part of a growing, green movement.

All these elements make Bulgaria's rural land a hot commodity. With a thriving agricultural sector, investing in the countryside could be a smart move for those looking to capitalize on this growth.

Sources: Trade.gov, Econstor, FAS USDA

Everything you need to know is included in our Real Estate Pack for Bulgaria

21) Bulgaria's better education system attracts families and boosts demand for homes

Bulgaria's education system is improving rapidly, making it a magnet for families and boosting the housing market.

In recent years, Bulgarian universities have been climbing the international rankings, with graduates finding greater success in the job market. This trend is drawing more international students, especially in fields like Medicine and Veterinary Science, where the share of foreign students has doubled over the past decade.

The government has been a driving force behind these improvements, investing heavily in education infrastructure. Through the National Recovery and Resilience Plan, adopted in 2022, Bulgaria has focused on modernizing educational institutions and promoting innovation. The 2023 State Budget Act further supported these efforts by allocating funds to enhance personal development, digitalization, and social inclusion in education.

Innovative schools and new educational programs are popping up, leading to rising enrollment rates. The competency-based model and partnerships with international educational institutions have made Bulgarian schools more appealing, attracting expatriate families and increasing the number of international students.

These advancements are not just improving the quality of education but are also making Bulgaria a more attractive place for families to settle. The growing number of international students is a testament to the country's rising educational standards.

Sources: Eurydice, BTA, Sirma

This article gives you valuable insights, but remember, it’s not and will never be investment advice. We pull data from a range of sources to provide you with the most accurate picture possible, yet we can’t guarantee complete accuracy. Markets are difficult to predict. Make sure to do your own research and consult a professional before making any financial moves. Any risks or losses are your own responsibility.