Investing in Plovdiv Real Estate: Opportunities and Insights
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Plovdiv is the second largest city in Bulgaria and one of the oldest continuously inhabited cities in Europe, offering unique investment opportunities in Plovdiv real estate.
As the European Capital of Culture 2019, the city has experienced significant revitalization and increased interest from international investors. Plovdiv real estate market 2025 is characterized by dynamic growth, attractive prices compared to the West, and increasing tourism and business potential.
Why does Plovdiv attract investors from all over Europe?
Real estate in Plovdiv is gaining popularity among foreign investors, becoming one of the most interesting alternatives to the popular Sofia. The second largest city in Bulgaria offers a unique combination of rich history, dynamic economic development, and attractive property prices.
More and more Globihome clients are opting for less crowded and bustling cities, so in Bulgaria, Plovdiv is a great choice. In this article, we will share the most important issues you need to know if you plan to purchase property in Plovdiv. At the same time, remember that if you are looking for real estate and want to learn about the most current offers, contact our recommended real estate expert. You will find their contact at the end of the article.
Differences between the real estate market in Sofia and Plovdiv
At Globihome, analyzing differences between the real estate market in Sofia and Plovdiv, we notice significant advantages for Plovdiv with local experts:
- Prices: Properties in Plovdiv are on average 30-40% cheaper than in Sofia
- Profitability: Higher rental returns (6-8% vs 4-6% in Sofia)
- Availability: Greater selection of properties at attractive prices
- Growth potential: Dynamic city development ensures prospects for value appreciation
To substantiate, you can read the real estate market analysis in Sofia, which we have prepared in a separate article.
Why invest in real estate in Plovdiv?
Is it worth investing in real estate in Plovdiv? The answer is definitely positive! Real estate investments in Plovdiv combine low entry costs with high potential for value growth. Bulgaria, as an EU member since 2007, ensures legal security and investment stability, while Plovdiv offers a unique combination of historical heritage and modern development.
Key investment benefits:
- Among the lowest property prices in the EU
- Rental tax: 10% on income (possible cost deductions)
- Sales tax: 10% on capital gains
- No inheritance tax for EU residents
- Steady increase in property value 5-8% annually
- Growing tourist traffic (+15% annually)
- Technology hub with numerous IT companies
Plovdiv in central Bulgaria offers excellent access to the country's major centers - Sofia (140 km), Burgas (280 km), Varna (300 km). The city is located at the crossroads of main communication routes connecting Europe with Asia, making it a strategic point for business and tourism.
Property Prices in Plovdiv 2025
Plovdiv apartment prices 2025 remain among the most attractive in Europe, offering excellent value for money. Real estate in Plovdiv center is the most expensive segment of the market due to its historical significance and tourist infrastructure.
Plovdiv Old Town - Property Prices
- Historic townhouses for renovation: 400-600 EUR/m²
- Renovated apartments in historic buildings: 800-1200 EUR/m²
- Luxury penthouses with views: 1200-1800 EUR/m²
- New apartments in historic style: 1000-1400 EUR/m²
Plovdiv Center - Property Prices in Modern Districts
- Apartments in new developments: 700-1100 EUR/m²
- Apartments in buildings from the 70s-80s: 500-800 EUR/m²
- Luxury residential complexes: 900-1300 EUR/m²
Property Prices in Plovdiv - Suburbs and New Neighborhoods
- New single-family estates: 350-550 EUR/m²
- Houses with gardens: 300-500 EUR/m²
Offers – Apartments and Houses in Plovdiv, Bulgaria 2025
Apartments for Sale in Plovdiv
In the city center and outskirts, you will find apartments for sale in Plovdiv in the range of 50,000–150,000 EUR for a two-room apartment. Offers include modern developer projects and units in historic residences.
Houses for Sale in Plovdiv
For those seeking more space, there are houses for sale in Plovdiv – mainly single-family projects with a garden, with prices starting from 100,000 EUR.
Affordable Apartments in Bulgaria in Plovdiv
If your budget is more limited, it's worth considering cheap apartments in Bulgaria in Plovdiv, where prices start from 40,000 EUR, especially in older buildings outside the city center.
Plovdiv Old Town Apartments - Unique Investments
Plovdiv Old Town Apartments are a unique category of real estate blending historical heritage with modern comfort. The Old Town of Plovdiv, listed by UNESCO, offers 19th-century buildings, Roman ruins, and unique Bulgarian Revival architecture.
Characteristics of Investments in Plovdiv Old Town:
- Buildings from the Bulgarian Revival period (18th-19th century)
- Apartments with authentic architectural details
- Views of the Ancient Roman Theatre and Dzhumaya Mosque
- Proximity to main tourist attractions
- Limited supply - only 200-300 properties for sale annually
Prices of Apartments in Plovdiv Old Town:
- Studio (30-40 m²) in a historic building: 25,000 - 40,000 EUR
- 1 bedroom (50-70 m²): 40,000 - 70,000 EUR
- 2 bedrooms (80-100 m²): 70,000 - 120,000 EUR
- 3 bedrooms (120+ m²): 120,000 - 200,000 EUR
- Entire buildings for renovation: 80,000 - 300,000 EUR
If you want to compare real estate prices in Plovdiv and Sofia, check the article on Sofia real estate. Remember that at the end of each article, you will find contact information for our recommended real estate agent. You can reach out with any questions if you are looking to purchase property.
Best Districts for Investment in Plovdiv
Top Districts in Plovdiv for Apartment Purchase
Old Town Center - ideal for short-term rental investments for tourists visiting historic Plovdiv.
Karshiyaka - a modern district with developed infrastructure, popular among young professionals.
Kapana – an artistic district in the center, perfect for short-term rentals.
Trakia - a peaceful residential area with good access to the city center and attractive prices.
Kamenitsa - a prestigious district with panoramic views of the city, preferred by wealthier residents.
Financing and Mortgages in Bulgaria
Mortgages for foreigners in Bulgaria are available at major banks with competitive terms. UniCredit Bulbank offers loans up to 80% of the property's value for EU residents. DSK Bank specializes in serving international clients, offering financing up to 70% of the value. First Investment Bank requires a lower down payment (25%) for properties over 100,000 EUR.
Required documents include income verification for the last 3 months, employment certification, bank statements, and translations of all documents into Bulgarian. Loan costs consist of a processing fee of 200-400 EUR, bank appraisal of 150-300 EUR, and property and life insurance.
How to Buy Property in Plovdiv as a Foreigner
The process of buying property in Plovdiv step by step is simpler than in most EU countries. EU citizens can acquire properties in Plovdiv without restrictions, while non-EU nationals can purchase buildings but not land directly.
Key Stages of Property Purchase in Bulgaria:
Stage 1: Bulgarian EGN Identification Number
Obtaining a Bulgarian identification number at the local tax office or through a representative. Required for all financial transactions related to real estate investments in Plovdiv.
Stage 2: Selection and Reservation of property in Plovdiv
Working with a local real estate agent in Plovdiv provides access to exclusive offers in the Plovdiv Old Town apartments. A reservation deposit of 1,000-2,000 EUR secures the chosen property.
Stage 3: Legal Verification of Selected Property
A lawyer checks the title deed, any mortgage encumbrances, and the legal status of the property in the register. This is especially important for properties in Plovdiv city center due to historical factors.
Stage 4: Preliminary Agreement in Bulgaria
Signing the pre-purchase agreement with a deposit of 10% of the Plovdiv housing price 2025. All payments linked with the EGN number.
Stage 5: Notarial Finalization
Signing of the notarial deed in Plovdiv with a sworn translator, transfer of the remaining funds, and transfer of ownership.
Stage 6: Property Registration
Entry into the property register (3-5 working days) concludes the process of buying an apartment in Plovdiv.
Completion time: 4-8 weeks from selection to finalization with professional support. Additional costs are approximately 4-6% of the property value.
Property Purchase Costs in Plovdiv - All Fees 2025
Property Purchase Taxes in Plovdiv:
- Civil transaction tax: 3% of the property value
- Notarial fee: 0.1% of the value
- Land register entry fee: 0.1% of the value
Specialist Costs:
- Lawyer: 500-1,000 EUR (depending on transaction value)
- Sworn translator: 100-300 EUR
Example - Property for 50,000 EUR:
- Civil transaction tax: 1,500 EUR
- Lawyer: 600 EUR
- Notary and entries: 150 EUR
- Total: ~2,250 EUR (4.5%)
Apartment Rentals in Plovdiv - Profitability 2025
Below we present three calculations based on data from the last 6 months, which we analyzed at Globihome in cooperation with local real estate experts from Bulgaria.
Long-term Rental in Plovdiv:
- Studio: 200-350 EUR/month
- 1 bedroom: 300-500 EUR/month
- 2 bedrooms: 450-700 EUR/month
- Average profitability: 6-9% annually
Short-term Rental in Plovdiv:
- Studio: 25-45 EUR/night
- 1 bedroom: 35-60 EUR/night
- 2 bedrooms: 50-85 EUR/night
- Average profitability: 8-14% annually
Student Rental in Plovdiv:
- Room in an apartment: 100-200 EUR/month
- Student studio: 150-300 EUR/month
- Profitability: 10-15% annually
Property Maintenance Costs in Plovdiv
Monthly Utilities:
- Electricity: 30-60 EUR/month
- Gas: 20-40 EUR/month
- Water: 15-25 EUR/month
- Internet: 10-20 EUR/month
Community fees:
- Old buildings: 10-30 EUR/month
- New complexes: 30-60 EUR/month
Annual taxes:
- Property tax: 0.15% of the building's value
- Garbage tax: 50-150 EUR/year
Total maintenance costs: 100-250 EUR/month for a 60 m² apartment
ROI Analysis of Property Rentals in Plovdiv, Bulgaria with Specific Examples
Example 1: Apartment in Plovdiv Old Town (Airbnb)
- Purchase price: 60,000 EUR + purchase-related costs 3,000 EUR = 63,000 EUR
- Rental: 40 EUR/night x 200 days = 8,000 EUR/year
- Maintenance costs: 2,500 EUR/year
- Net profit: 5,500 EUR (8.7% ROI)
Example 2: Apartment in Plovdiv for Students
- Purchase price: 35,000 EUR + costs 1,800 EUR = 36,800 EUR
- Rental: 450 EUR/month x 10 months = 4,500 EUR/year
- Maintenance costs: 1,200 EUR/year
- Net profit: 3,300 EUR (9% ROI)
FAQ - Frequently Asked Questions about Properties in Plovdiv
How much does an apartment cost in Plovdiv in 2025?
Plovdiv apartment prices in 2025 range from 350 EUR/m² on the outskirts to 1,800 EUR/m² in the luxury locations of the Old Town. A 60 m² apartment can be purchased for 25,000 - 80,000 EUR depending on location and standard.
Can a foreigner buy property in Bulgaria?
EU citizens can freely buy property in Bulgaria without any restrictions. Non-EU citizens can purchase buildings but not land - setting up a Bulgarian company is required.
What is the rental yield in Plovdiv?
Rental yield in Plovdiv is 6-15% annually depending on the strategy. The highest yield is offered by student rentals (10-15%) and Airbnb in the Old Town (8-14%).
What documents are needed for the purchase?
Essential documents are a passport/EU ID, income statement, bank statements, and translations into Bulgarian. The process is significantly simpler than in most EU countries.
How long does the property purchase process take?
The purchase procedure in Plovdiv takes 3-6 weeks from selecting the property to signing the notarial deed with professional support.
Conclusion: Investment Prospects in Plovdiv 2025
Investment prospects in Plovdiv 2025 are looking exceptionally promising for investors seeking high returns with low risk. Plovdiv properties offer a unique combination of low entry prices, high rental yields, and potential value growth driven by the development of cultural tourism and the IT sector.
Key growth factors:
- The UNESCO status of the Old Town attracts more and more tourists
- Development of the technology sector and business center
- Infrastructure investments in communication and transport
- Growing popularity of Bulgaria as an investment destination
Dreaming of a property in Bulgaria? Contact our trusted agent — we'll find the perfect offer for you and guide you stress-free through every stage of the purchase.