The figures confirm: Russian homeowners in Bulgaria are selling their real estate en masse.
According to Pariteni.bg, by November 2025, the net inflow of investments from Russia in this sector decreased by 20 million euros. This figure affected the overall negative balance of foreign investment in Bulgarian real estate, which amounted to 18.6 million euros. In fact, Russian capital is being withdrawn from Bulgarian resorts faster than investors from other countries have time to invest in the local market.
The situation in the real estate sector differs sharply from the general economic background of Bulgaria. For example, total foreign direct investment for the first 11 months of 2025 approached the €3 billion mark, an 11.4% increase on the previous year’s figures. This indicates that Bulgaria still remains attractive for investors and manufacturing sectors, despite the capital outflow in the residential resort real estate segment.
