The average gross rental yield in Bulgaria stands at 4.56% (Q2, 2023).

• Sofia
• Varna
• Plovdiv
• Stara Zagora
• Haskovo
• Burgas
• Shumen
• Yambol

		Last Updated: Aug. 25, 2023
SOFIA - Apartments	COST (€)		YIELD (p.a.)
	TO BUY	MONTHLY RENT
Center
Studio	€127,800	€280	2.63%
1-Bedroom	€162,000	€500	3.70%
2-Bedroom	€230,000	€700	3.65%
3+Bedroom	€290,000	€950	3.93%
Manastirski Livadi
1-Bedroom	€125,000	€450	4.32%
2-Bedroom	€206,000	€750	4.37%
Vitosha
1-Bedroom	€121,500	€444	4.39%
2-Bedroom	€191,600	€665	4.16%
Studentski Grad
Studio	€69,000	€288	5.01%
1-Bedroom	€120,950	€423	4.20%
Sofia avg. Rental Yields			4.04%
VARNA - Apartments	COST (€)		YIELD (p.a.)
	TO BUY	MONTHLY RENT
Briz
1-Bedroom	€99,399	€408	4.93%
2-Bedroom	€166,616	€600	4.32%
Levski
1-Bedroom	€76,323	€306	4.81%
2-Bedroom	€109,535	€433	4.74%
Kolhozen Pazar
1-Bedroom	€81,000	€281	4.16%
2-Bedroom	€106,500	€357	4.02%
Center
1-Bedroom	€79,000	€400	6.08%
2-Bedroom	€155,000	€600	4.65%
3+Bedroom	€184,000	€750	4.89%
Varna avg. Rental Yields			4.73%
PLOVDIV - Apartments	COST (€)		YIELD (p.a.)
	TO BUY	MONTHLY RENT
Hristo Smirnenski
1-Bedroom	€72,000	€364	6.07%
2-Bedroom	€111,075	€410	4.43%
3+Bedroom	€194,500	€900	5.55%
Vastanicheski/Kiuchuk Parizh
Studio	€40,673	€179	5.28%
1-Bedroom	€71,580	€281	4.71%
2-Bedroom	€102,000	€325	3.82%
Center
Studio	€49,920	€200	4.81%
1-Bedroom	€99,350	€350	4.23%
2-Bedroom	€143,000	€414	3.47%
3+Bedroom	€222,684	€660	3.56%
Karshiyaka
Studio	€57,030	€175	3.68%
1-Bedroom	€83,190	€332	4.79%
2-Bedroom	€127,285	€400	3.77%
Trakia
Studio	€45,000	€182	4.85%
1-Bedroom	€79,000	€350	5.32%
2-Bedroom	€109,000	€357	3.93%
Plovdiv avg. Rental Yields			4.45%
STARA ZAGORA - Apartments	COST (€)		YIELD (p.a.)
	TO BUY	MONTHLY RENT
Stara Zagora (all locations)
Studio	€40,800	€158	4.65%
1-Bedroom	€58,950	€230	4.68%
2-Bedroom	€81,250	€255	3.77%
3+Bedroom	€281,340	€910	3.88%
Stara Zagora (all locations) avg. Rental Yields			4.20%
HASKOVO - Apartments	COST (€)		YIELD (p.a.)
	TO BUY	MONTHLY RENT
Haskovo (all locations)
Studio	€30,166	€128	5.09%
1-Bedroom	€49,581	€179	4.33%
2-Bedroom	€71,892	€214	3.57%
3+Bedroom	€77,609	€204	3.15%
Haskovo (all locations) avg. Rental Yields			4.04%
BURGAS - Apartments	COST (€)		YIELD (p.a.)
	TO BUY	MONTHLY RENT
Burgas (all locations)
Studio	€43,500	€230	6.34%
1-Bedroom	€70,000	€350	6.00%
2-Bedroom	€109,900	€460	5.02%
3+Bedroom	€161,000	€460	3.43%
Burgas (all locations) avg. Rental Yields			5.20%
SHUMEN - Apartments	COST (€)		YIELD (p.a.)
	TO BUY	MONTHLY RENT
Shumen (all locations)
Studio	€38,294	€186	5.83%
1-Bedroom	€66,376	€230	4.16%
2-Bedroom	€86,799	€306	4.23%
3+Bedroom	€104,835	€342	3.91%
Shumen (all locations) avg. Rental Yields			4.53%
YAMBOL - Apartments	COST (€)		YIELD (p.a.)
	TO BUY	MONTHLY RENT
Yambol (all locations)
1-Bedroom	€40,847	€204	5.99%
2-Bedroom	€66,376	€255	4.61%
Yambol (all locations) avg. Rental Yields			5.30%
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 and Realestates.bg

Research Methodology: To conduct this research, we searched for studio, 1-bedroom, 2-bedroom, 3-bedroom, and 4-bedroom apartments in the largest cities of Bulgaria. We used the local real estate listing website for both buying and renting prices to determine the average gross rental yields (Monthly Rent x 12 / Purchase Price).

For instance, if the monthly rent is €500 and the purchase price is €100,000, the calculation would be: €500 (Monthly Rent) x 12 / €100,000 (Purchase Price) = 6% (Gross Rental Yield).