Rental yields are moderate in Bulgaria

Residential Valuation Specialist | November 10, 2022

Last Updated: Sept. 06, 2022
SOFIA - Apartments COST (€) YIELD (p.a.)
TO BUY MONTHLY RENT
Center
Studio €117,900 €255 2.60%
1-Bedroom €163,857 €434 3.18%
2-Bedroom €235,000 €700 3.57%
3+Bedroom €299,000 €950 3.81%
Manastirski Livadi
Studio €76,000 €263 4.15%
1-Bedroom €122,000 €400 3.93%
2-Bedroom €196,000 €607 3.72%
3+Bedroom €302,600 €750 2.97%
Vitosha
Studio €77,500 €274 4.24%
1-Bedroom €122,100 €400 3.93%
2-Bedroom €198,000 €630 3.82%
3+Bedroom €244,800 €1,200 5.88%
Ovcha Kupel
Studio €69,210 €255 4.24%
1-Bedroom €112,104 €357 3.82%
2-Bedroom €147,150 €475 3.87%
Studentski Grad
Studio €68,000 €275 4.85%
1-Bedroom €113,000 €375 3.98%
2-Bedroom €179,900 €562 3.75%
3+Bedroom €329,100 €1,000 3.65%
Sofia avg. Rental Yields 3.90%
ZOFIA (combined) - Apartments COST (€) YIELD (p.a.)
TO BUY MONTHLY RENT
Zofia (combined)
Studio €71,600 €258 4.32%
1-Bedroom €111,110 €383 4.14%
2-Bedroom €175,000 €550 3.77%
3+Bedroom €285,390 €870 3.66%
Sofia (combined) avg. Rental Yields 3.81%
VARNA - Apartments COST (€) YIELD (p.a.)
TO BUY MONTHLY RENT
Briz
Studio €66,732 €225 4.05%
1-Bedroom €93,075 €409 5.27%
2-Bedroom €145,000 €725 6.00%
3+Bedroom €220,000 €950 5.18%
Levski
Studio €40,950 €200 5.86%
1-Bedroom €79,155 €307 4.65%
2-Bedroom €114,088 €421 4.43%
3+Bedroom €134,840 €409 3.64%
Kolhozen Pazar
Studio €44,990 €195 5.20%
1-Bedroom €70,900 €230 3.89%
2-Bedroom €99,900 €316 3.80%
Center
Studio €53,800 €153 3.41%
1-Bedroom €79,050 €383 5.81%
2-Bedroom €180,640 €600 3.99%
3+Bedroom €209,000 €613 3.52%
Varna avg. Rental Yields 5.29%
VARNA (combined) - Apartments COST (€) YIELD (p.a.)
TO BUY MONTHLY RENT
Varna (combined)
Studio €41,900 €181 5.18%
1-Bedroom €72,000 €336 5.60%
2-Bedroom €108,950 €465 5.12%
3+Bedroom €159,990 €700 5.25%
Varna (combined) avg. Rental Yields 5.29%
PLOVDIV - Apartments COST (€) YIELD (p.a.)
TO BUY MONTHLY RENT
Hristo Smirnenski
Studio €52,800 €189 4.30%
1-Bedroom €76,900 €315 4.92%
2-Bedroom €118,080 €450 4.57%
3+Bedroom €174,500 €460 3.16%
Vastanicheski/Kiuchuk Parizh
Studio €38,940 €153 4.71%
1-Bedroom €67,200 €266 4.75%
2-Bedroom €99,510 €306 3.69%
3+Bedroom €127,000 €425 4.02%
Center
Studio €49,802 €160 3.86%
1-Bedroom €94,995 €350 4.42%
2-Bedroom €143,000 €435 3.65%
3+Bedroom €215,000 €630 3.52%
Karshiyaka
Studio €46,750 €180 4.62%
1-Bedroom €81,500 €322 4.74%
2-Bedroom €127,000 €409 3.86%
3+Bedroom €160,000 €459 3.44%
Trakia
Studio €46,300 €175 4.54%
1-Bedroom €80,000 €325 4.88%
2-Bedroom €117,000 €375 3.85%
3+Bedroom €139,000 €610 5.27%
Yuzhen
Studio €42,520 €166 4.68%
1-Bedroom €66,000 €263 4.78%
2-Bedroom €99,160 €300 3.63%
Plovdiv avg. Rental Yields 4.25%
STARA ZAGORA - Apartments COST (€) YIELD (p.a.)
TO BUY MONTHLY RENT
Stara Zagora (all locations)
Studio €44,500 €148 3.99%
1-Bedroom €56,850 €230 4.85%
2-Bedroom €77,650 €256 3.96%
3+Bedroom €98,000 €256 3.13%
Stara Zagora (all locations) avg. Rental Yields 4.89%
HASKOVO - Apartments COST (€) YIELD (p.a.)
TO BUY MONTHLY RENT
Haskovo (all locations)
Studio €30,155 €128 5.09%
1-Bedroom €46,400 €179 4.63%
2-Bedroom €66,443 €230 4.15%
3+Bedroom €72,000 €179 2.98%
Haskovo (all locations) avg. Rental Yields 4.22%
BURGAS - Apartments COST (€) YIELD (p.a.)
TO BUY MONTHLY RENT
Burgas (all locations)
Studio €44,473 €207 5.59%
1-Bedroom €69,100 €362 6.29%
2-Bedroom €105,000 €517 5.91%
3+Bedroom €161,549 €512 3.80%
Burgas (all locations) avg. Rental Yields 5.40%
SHUMEN - Apartments COST (€) YIELD (p.a.)
TO BUY MONTHLY RENT
Shumen (all locations)
Studio €39,355 €179 5.46%
1-Bedroom €63,065 €230 4.38%
2-Bedroom €85,878 €281 3.93%
3+Bedroom €100,000 €255 3.06%
Shumen (all locations) avg. Rental Yields 4.21%
YAMBOL - Apartments COST (€) YIELD (p.a.)
TO BUY MONTHLY RENT
Yambol (all locations)
Studio €29,470 €145 5.90%
1-Bedroom €37,225 €181 5.83%
2-Bedroom €63,075 €297 5.65%
Yambol (all locations) avg. Rental Yields 5.80%
All yields are gross - i.e., before taxes, repair costs, ground rents, estate agents fees, and any other costs. Net yields (what you´ll really earn) are typically around 1.5% to 2% lower.
Source: Global Property Guide Definitions: Data FAQ See also: Update Schedule

Get updated rental yields data for 75 countries

Sofia has moderate gross rental yields - i.e., the rental return on a property if fully rented out, before all expenses. Yields in the center vary from around 2.60% to 3.81 %.

Doctor´s Garden, Ivan Vazov, Iztok, and Lozenets are among the most sought-after addresses in the centre. Embassies, museums, and universities are located here. These areas also have many parks and green spaces, making them popular with expats.

For those who are really chasing yields at Sofia, Studenski Grad apartments may be worth considering, with gross rental yields of 4.85% for the smaller-sized ones.

Yields for other cities in Bulgaria are mostly better than in Sofia. In Plovdiv you can expect returns between 3.16% and 4.92%, Varna earns between 3.41% and 6.00%, Stara Zagora has yields of 3.13% to 4.85%, Haskovo produces rental yields of 2.98% to 5.09%, Burgas has 3.80% to 6.29%, in Shumen you can expect between 3.06% to 5.46%, and in Yambol the rental yields range between 5.65% and 5.90%.

As it tends to be, rental yields are better on smaller apartments

Transaction costs in Bulgaria are moderate, and more or less evenly split between buyer and seller. See our Round trip transaction costs on residential property purchases in Bulgaria and Transaction costs in Bulgaria on residential property compared to the rest of Europe