Can a foreigner get a mortgage from a Bulgarian bank?

It is possible, but conditions differ markedly between banks, so approach several in parallel and compare in writing. The framework comes from the national bank: since October 2024 the limits are 85 per cent loan to value, meaning at least 15 per cent of your own money, a debt service of at most 50 per cent of income, and a term of no more than 30 years. As a non-resident expect a larger deposit, a valuation commissioned by the bank and sometimes a guarantor. Assemble the paperwork early: proof of income, bank statements, employment contract or pension decision, passport, Bulgarian personal number and the property documents. Ask for every cost in writing, including valuation, compulsory insurance and registration of the mortgage.