Bulgaria’s Schengen entry spurs property investment surge in Greece’s Evros Region
Bulgaria’s recent entry into the Schengen Area and its upcoming Eurozone accession in January 2026 have sparked a wave of real estate interest from Bulgarian investors in northeastern Greece, particularly in the Evros region, including Alexandroupoli and Samothraki.
According to local real estate professionals, Bulgarian buyers — many with substantial financial means — are actively seeking to purchase a wide range of properties, from small hotels and seafront villas in Makri to modern apartments in Alexandroupoli. The removal of border delays has significantly increased the region's accessibility, further enhancing its appeal.
Investor Profiles and Property Preferences
One notable segment of investors includes tourism professionals from Nesebar, a major Bulgarian Black Sea destination. These buyers are reportedly eyeing older small hotels in Alexandroupoli, typically priced around €1 million, with plans to renovate and repurpose them.
There is also high demand for seafront homes in Makri, where properties are being acquired for €200,000–€300,000, depending on location and condition.
In urban Alexandroupoli, interest centers on newly built apartments with sea views, especially those priced below €150,000. Buyers typically intend to use these properties as secondary residences during part of the year, while renting them out on Airbnb during the rest.
Investment in Samothraki Island
On Samothraki, Bulgarian investors are primarily seeking agricultural plots on the island’s northern side. These are intended for the construction of small holiday homes or rental units, usually in groups of three to four. Such projects generally involve investments of up to €400,000.
The overall trend signals a growing cross-border economic integration, as Bulgarian nationals increasingly view Greece — and especially its accessible northern regions — as a prime destination for both personal leisure and strategic real estate investment.
Source: Voria.gr
