This week on the market
A new housing loan barely moved in September, and buyers kept signing. The bigger change is waiting at tax time: the value your home is taxed on is set to climb for three years in a row.
What a new loan costs
That is the average rate on a new housing loan in September, just 0.01 points under August. Count the fees and the yearly cost is 2.76%.
People did not wait. New housing loans reached 643.6 million euro, 3.5% more than the month before.
The tax rate is not the part that moves. The assessment it is multiplied by does, in three steps. A higher assessment means a higher yearly bill, even if the rate stays put.
Compared with the average sale in 2025, five of the six big cities are ahead. Plovdiv is just in front of Sofia and Varna. Ruse is the one that slipped under last year. These are sale prices for homes, not a euro-per-metre quote.
Each line follows one city. The dashed line is the 2025 average. Higher on the chart means homes sold for more than that year.
Tap a city to focus its line. The badge shows today vs that average.
% vs 2025
Dashed line = 2025 average (0% on the scale)
Fewer new homes were handed over than a year ago, and the slowdown is in every large region. Less new supply usually keeps prices from falling fast.
Sofia homes over €500,000 are still selling. In 76% of those deals the buyer talked the price down by 7–10%. The asking price is a starting point.
Your municipality picks a rate between 0.1% and 3%. It is worked out on whichever is higher: the price you agreed, or the tax assessment.
Insurance, the yearly property tax, the waste fee, and the upkeep of the building sit on top of the loan. Budget for them before you sign.
Early on, most of the instalment is the bank’s charge. The same payment later clears more of the loan itself.
