In Bulgaria, the terms of mortgage lending have been updated, which opens up new prospects for those wishing to purchase real estate in Bulgaria . The country's leading banks have significantly reduced interest rates, offering more favorable conditions for borrowers. The registration procedure has become simpler and faster, which allows you to speed up the process of obtaining a mortgage.
In addition, new mortgage programs have emerged that are aimed at supporting people who are looking for stable and affordable housing. The state and financial institutions actively support this initiative. This increases the demand for traditional housing in the country.
The changes open up wide opportunities for those who have long planned to purchase real estate and create additional incentives to stabilize the housing market in Bulgaria.

New programs
Let's look at the conditions of the new programs and compare them with the previous ones:

Benefits for Traditional Property Buyers (if you can fit in 4 boxes)
- Lower interest rates make mortgages cheaper.
- Increasing the loan term allows you to reduce monthly payments.
- Flexible conditions (fixed and floating rates) help you choose the best option.
- Reducing the down payment to 10% makes it easier to enter the real estate market.
- Increasing the financing amount to 500,000 euros allows you to choose housing without any cost restrictions.
- The availability of government support reduces the financial burden on the borrower.
- Extending the loan term to 30 years makes mortgages more affordable.
- Flexible payment plans allow you to choose a comfortable repayment schedule.
- Reducing the interest rate reduces overpayments for the entire loan period.
- Favorable banking conditions allow you to plan payments in advance.
- Fixed rates provide protection against sharp market fluctuations.
- More affordable mortgages make home ownership a reality for a wider audience, such as young families.
Lower interest rates, simplified registration procedures and extended credit terms make buying real estate in Bulgaria more accessible than ever. If you have long planned to buy an apartment, house or apartment, the new mortgage programs provide an excellent chance to do so.