Strong growth in Bulgaria and Romania is attracting global investors, with mixed-use and luxury developments leading the way.
Eastern Europe is rapidly gaining momentum as a key region for real estate investment. Countries such as Bulgaria and Romania are now standing out as top choices for both residential and commercial developments, thanks to their expanding economies, improving infrastructure, and increasing integration with wider European markets.
Lidia Bozarova: Investing Early in Bulgaria and Romania
One of the leading figures in this space is real estate investor Lidia Bozarova, who has built a substantial portfolio across Bulgaria and Romania. Her investment strategy highlights the long-term potential of this part of Europe, where modernization is accelerating and urban development is reshaping cities.

Urban Development Fuels Market Growth
Bozarova’s early interest in the region was driven by its combination of historical charm and strong economic fundamentals. Over the last decade, both Bulgaria and Romania have made major strides in transport, energy, and digital infrastructure—making their cities more attractive to international buyers and developers.
A major trend shaping these markets is the surge in mixed-use developments. In cities like Sofia and Bucharest, integrated projects that combine homes, offices, retail, and leisure spaces are on the rise. These projects cater to modern urban lifestyles, providing convenience and reducing commute times.
Luxury Living: A Growing Segment in Sofia
High-end residential developments are gaining popularity in capital cities. In Sofia, demand for luxury apartments is increasing, particularly among professionals in the tech sector and international buyers. These homes offer smart features, private amenities, and high-quality finishes—marking a shift toward premium living.
Beyond the cities, Bulgaria’s scenic Black Sea coast is seeing a wave of new resort and hospitality developments. The area has become a magnet for tourism and remote workers, with demand for high-end holiday homes and boutique hotels continuing to rise.
Lidia Bozarova on Managing Risks in Emerging Markets
While the opportunities are abundant, Lidia Bozarova notes that Eastern European markets also come with challenges. Investors must navigate complex regulations and legal systems that are still maturing. Partnering with local experts is key to overcoming bureaucratic delays and ensuring project success.
As emerging markets, Bulgaria and Romania are more exposed to global economic shifts. However, their EU membership, growing middle class, and strategic locations give them a competitive edge. For long-term investors, the potential for capital growth outweighs the risks.
For newcomers, Bozarova stresses the importance of detailed market research and working with trustworthy local professionals. Building strong networks and understanding the nuances of each city is essential for navigating Eastern European real estate successfully.
Long-Term Outlook: Why Eastern Europe Is Gaining Ground
With rising urbanization, shifting lifestyles, and growing investor confidence, Eastern Europe is becoming one of the most promising regions for property investment in the EU. Cities like Sofia, Bucharest, and Varna offer lower entry points and high upside potential, particularly in mixed-use and luxury sectors.
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