.jpg)
Sofia, Bulgaria – From January 1, 2026, Bulgaria officially joins the Eurozone, marking a turning point for its economy and, especially, its real estate market. The transition will be smooth and predictable, with its terms already creating a favorable environment for investors and buyers.
Key Stages and the Official Exchange Rate
The central element of the transition is the unchangeable fixed exchange rate: 1 EUR = 1.95583 BGN. This rate, at which the Bulgarian lev has been pegged to the euro for over 25 years, ensures stability and the absence of economic shocks.
- August 8, 2025 – Start of mandatory dual pricing in both lev and euro.
- January 1, 2026 – The euro becomes the official currency. All bank accounts are automatically and freely converted.
- January 1–31, 2026 – Dual circulation period: payments can be made in both currencies, but change is given only in euros.
- February 1, 2026 – The euro becomes the sole legal tender.
Forecast: A 10-15% Price Increase and Affordable Mortgages
Experts forecast a significant increase in real estate prices of 10-15% within the first two years of the euro adoption. This trend is already visible in 2025, with resort areas seeing a 10-13% rise.
Influx of foreign investment:
The elimination of currency risks makes Bulgarian real estate more attractive to Eurozone investors.
Lower mortgage rates:
Interest rates on mortgages are expected to fall below 3%, boosting purchasing power.
Increased domestic demand:
Local buyers are looking to secure deals before the anticipated price hike.
