The following report reveals the essence and the place of the market in the reproduction process and the real estate market of Republic of France and Republic of Bulgaria. The analysis of the real estate market during the researched period of these two countries showed that a number of factors of different nature influenced its development and dynamics. Alongside the generally known factors on the French real estate the market has been influenced by recent emerging factors such as Brexit and new production techniques such as distance work. The development of the property market is driven mainly by demand and supply. The state, through its economic and tax policy, can essentially influence the property market. The French government skillfully uses the market-based mechanisms to regulate the market. Bulgaria almost does not use the tax mechanisms to guide the development of the real estate market.
