In the first half of 2025, investment transactions in Bulgaria amounted to almost 160 million euros, with about 70% of the volume being realized in the second quarter, according to a study by the consulting company Colliers. The largest investment share is office space - 70%, followed by industrial and logistics space - with 28% and retail space - with 1%.
Local investors continue to increase their participation in the market, as in the first half of 2025 they are behind 47% of the volume of transactions, and foreign ones - behind 53%. Of all transactions, 57% are with assets for own use, while 43% are with income-generating properties. The return levels remain stable – 7.75% for office and retail space and 7.50% for industrial and logistics space.
After the strong investment levels in 2024, the market maintains a stable pace in the first half of 2025. Traditionally, the majority of transactions are realized in the last quarter of the year, which suggests that this one may end with similar results. The main challenge remains the limited participation of international investors, but analysts predict their gradual increase, especially in strategic sectors such as real estate, industry and infrastructure, after the adoption of the euro from January 1, 2026.
Commercial banks maintain low interest rates on mortgage loans and continue to finance new projects, with a clear preference for sustainable investments that meet European environmental goals. The office segment remains the most preferred in the investment market, supported by a stable demand for modern workspaces.
Detailed statistics on average property prices in Bulgaria by city and neighborhood can be found at imot.bg