Why Buying a Home in Sofia May Be More Cost-Effective Than Renting

The decision to buy or rent property in Bulgaria's major cities, particularly Sofia, is influenced by various factors, with real estate experts suggesting that buying remains more advantageous than renting in the long term. Mortgage payments for purchasing an apartment in Sofia are typically similar to monthly rent, making homeownership an attractive option, especially in light of rising property prices. Real estate brokers emphasize that for individuals who intend to settle in a specific neighborhood for the long term, buying a home is often a better investment than renting....