Property Prices in Sofia, Bulgaria

Index Info
Price to Income Ratio: 9.25
Mortgage as Percentage of Income: 63.05%
Loan Affordability Index: 1.59
Price to Rent Ratio - City Centre: 21.09
Price to Rent Ratio - Outside of Centre: 18.47
Gross Rental Yield (City Centre): 4.74%
Gross Rental Yield (Outside of Centre): 5.41%
Rent Per Month
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Apartment (1 bedroom) in City Centre 719.01 лв 600.00-1,000.00
Apartment (1 bedroom) Outside of Centre 535.78 лв 400.00-730.00
Apartment (3 bedrooms) in City Centre 1,344.41 лв 1,000.00-2,000.00
Apartment (3 bedrooms) Outside of Centre 969.02 лв 800.00-1,300.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 312.76 лв 222.97-418.06
Price per Square Feet to Buy Apartment Outside of Centre 201.00 лв 148.64-260.13
Salaries And Financing
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Average Monthly Net Salary (After Tax) 1,495.19 лв
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 3.27 2.60-4.50

These data are based on 749 entries in the past 12 months from 106 different contributors.
Last update: July 2021

Sources and References
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1 Comments so far
simeon on Jul 23, 2020:
No of the prices in Sofia are real. This is the official "so called" sqr meter. This includes about 20% floors and stair which does not belong to the owned living space also about 15-20% walls and other constructions. Thhe square meter is calculated like that - the area insige the borders of a certain apartment including walls and everything, additionaly all of the common spaces in the building are divided between the apartaments. SO at the end the real living space is about 40-50% lessn than that what says the square meters. SO trices are double to that what is given here