Bulgaria Short-Term Rental Market Review 2025: Revenue, Occupancy & Supply Growth
Bulgaria Short-Term Rental Market Overview 2025
Number of Airbnb Listings Changes in Bulgaria 2025
Which markets are experiencing rapid saturation?
A key consideration when entering a new short-term rental market is assessing whether it may become oversaturated. To evaluate this, we analyze the year-over-year supply change in Airbnb listings. The national average YoY supply change in Bulgaria was 32.25% in 2025, indicating the overall growth trajectory of the market.
Markets with Largest Absolute Supply Increases in Bulgaria
In absolute terms, Sofia experienced the largest increase with +530 new listings added in 2025. This was followed by Varna (+526 listings) and Plodiv (+189 listings).
Markets with Fastest Relative Growth in Bulgaria
In relative terms, Varna experienced the most significant growth, with 44.03% more supply added over the 12-month period in 2025. Other rapidly expanding markets include Plodiv (+31.92%) and Burgas (+31.51%).
Short-Term Rental Revenue Trend in Bulgaria 2025, and Future Outlook for 2026
Does increased supply necessarily indicate market saturation?
To assess market saturation, we examine year-over-year revenue trends. A decline in revenue per listing typically indicates heightened competition and potential oversaturation. The Bulgaria average YoY change in revenue was 21.26% in 2025, representing an increase from $11,561 in 2024 to €13,038 in 2025.
Top Markets Revenue Performance
Sofia
Varna
Plodiv
For more detailed revenue YoY change analysis by market, access the Airbtics dashboard to explore specific market performance metrics.
Easiest Markets for Hosts in Bulgaria 2025
Markets with high occupancy rates provide hosts with greater booking consistency, while markets with high booking volumes offer expanded opportunities across various property types and sizes.
Highest Occupancy Rate Markets in Bulgaria 2025
Sofia recorded a year-round occupancy rate of 69.00%, which is among the highest in Bulgaria. This was followed by Varna (59.00%) and Plodiv (57.00%).
Highest Booking Volume Market in Bulgaria 2025
Markets with high booking volumes present additional advantages, as they offer diverse opportunities across various property types and price points. The market that recorded the highest booking volume in Bulgaria is Sofia, with approximately 754,038 nights booked in 2025.
Regulatory Landscape
We define a professionalized or strictly regulated market as one where over 50% of active Airbnb listings hold valid license information, indicating consistent enforcement and higher compliance. Markets below this threshold are considered unregulated or lenient.
In Bulgaria, 0 out of 4 markets fall into the professionalized / strict regulation category. For detailed license compliance data and market-specific regulatory insights, the Airbtics dashboard provides the percentage of listings with valid licenses for each market, enabling investors to assess regulatory risk at a granular level.
Which Bulgaria Markets Are Growing Healthily vs Overheating?
Understanding market saturation requires looking at both supply growth and revenue trends together. Markets are categorized by comparing their YoY supply and revenue changes against Bulgaria's national averages. Markets where supply is growing faster than revenue (relative to national averages) may be approaching saturation, while markets with below-average supply growth but above-average revenue growth may present hidden opportunities.
Benchmark: Markets are categorized relative to Bulgaria's national averages (Supply: 32.2%, Revenue: 21.3%). Markets above the national average are marked with ↑, while those below are marked with ↓.
Healthy Growth
Supply > avg, Revenue > avg
Expansion with demand keeping up
- Varna Supply: +44.0% | Revenue: +36.5%
Early Saturation
Supply > avg, Revenue ≤ avg
Competition rising
- No markets in this category
Under-the-Radar
Supply ≤ avg, Revenue > avg
Hidden opportunities
- No markets in this category
Declining
Supply ≤ avg, Revenue ≤ avg
Risky markets
- Plodiv Supply: +31.9% | Revenue: +13.5%
- Burgas Supply: +31.5% | Revenue: +15.8%
- Sofia Supply: +21.5% | Revenue: +19.2%
For the latest updates of the market data in Bulgaria, check out our Best Airbnb Markets in Bulgaria.
All metrics are calculated using active short-term rental listings tracked weekly by Airbtics. Revenue, occupancy rate, ADR, and supply growth are estimated from historical booking calendars, listing activity, and proprietary aggregation models.
Source: Airbtics
Learn data methodology →
Cite this report
Airbtics (2026). Bulgaria Short-Term Rental Market Review 2025: Revenue, Occupancy & Supply Growth. https://airbtics.com/short-term-rental-market-report-2025-bulgaria
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