Property in Bulgaria is for any taste and budget
Market of real estate in Bulgaria is offering a wide range of housing offers for any taste and any budget. This variety combined with sun, nice beaches and affordable prices attract investors and private clients as well.
Is property in Bulgaria just a trend or a real investment opportunity?
Offers of real estate in Bulgaria start already from the level of €5,000 but these are of course really cheap detached houses in countryside. The most popular housing price segment is between €40,000 and €150,000 and for the commercial real estate the range is between €150,000 and €600,000. It has gathered sea villas, commercial property, apartments and land plots as well and demand there is growing year by year. The most promising investment objects are land plots, growing in price by 10% per year and housing on the Black Sea coasts that could be rented out.
Where to buy property in Bulgaria?
When thinking about buying property in Bulgaria, first decide what kind of accommodation you prefer. Are you interested in holiday property or you would like to find out an offer that could become your second home, granting you comfort in any season. Variants of holiday property for sale in Bulgaria are concentrated in cities like Obzor, Balchik, Saint Vlas, Sozopol, Kavarna, Sarafovo and Tsarevo. Varna and Burgas are also located near the sea, having a developed infrastructure, business and social activity, they are convenient for all-year residence. Many agencies, selling property in Bulgaria mention that second trend is becoming more and more popular among overseas clients.
Bulgarian property price range
Decent apartment’s offers of real estate for sale in Bulgaria start from €30,000. For that price you may purchase 1-bedroom apartment of 42 sq. m. in new private complex in Varna, located not far from the sea. Or a second-hand fully furnished one-bedroom apartment in Burgas. It’s also located in comfortable residence complex with swimming pool and paring and total area of apartment is 72 sq. m. For €100,000 may be purchased a two-storeyed house with total area of 136 sq. m. and four bedrooms, located in Varna, just 800 meter away from the seashore. But if you decide to sell the property in Bulgaria, you’ll have a hard time finding buyers as Bulgaria remains a market of buyers not of the sellers.