Many buyers discovered Bulgaria's property market

Bulgarians are hoping that the Bulgarian property market will be the next "Spain boom". For example the apartments in the summer resort of Sunny beach are said to be the mostly preffered ones. They are meant to be for lower budget Bulgarian property buyers. The prices of these Bulgarian properties depend on the distance to the beach, the built quality of the project and the facilities available. Places like Sunny beach have always been popular among Bulgaria and Eastern Europe tourists. In the recent years more and more west Europeans discovered these "virgin" hideaways and have purchased Bulgarian holiday property.

Due to the high publicity many Brits, German and Russians have bought their dream Bulgarian property. They found fantastic opportunities for investing in Bulgaria into a beautiful Bulgarian summer villa or permanent Bulgarian homes. Another benefit is the low cost of living in Bulgaria – being just a fraction of the European ones. Here you can have a three course dinner and drinks and pay less than 5GBP! Bulgarians are hoping that Bulgarian property market will follow the Spanish one, especially now that we are part of the EU.

Now is one of the best times to invest in the yet-to-be-discovered property market in Bulgaria. Much to everybody’s surprise many resorts, mainly on the Black Sea coast, have reported shortage of accommodation for the last year, due to the unexpected visitors increase. In the same time established tour operators such as First Choice, Thomas Cook, JMC etc. have announced a big increase in sells for Bulgarian property search travels.

To answer the high demand Bulgarian building companies have worked beyond their capabilities for four years now. Most of the new projects are being sold as off-plan properties in Bulgaria now, as it happened in Spain not a while ago. Buying Bulgarian off-plan property has the highest profit margin bearing in mind the future rent income in Bulgaria.

Foreign buyers have no limit of how many Bulgarian properties they purchase. Therefore they often buy few off-plan properties in Bulgaria and sell them at a higher price before the project is fully built, enjoying great returns. The favourable payment schemes allow this in many projects. With the special offers from the banks at the moments, including the Bulgarian Bank, off-plan properties are much preffered by bulgarian byuers too.

The great need of apartments in Bulgaria for example is increasing but all those prime locations as the seaside land in Bulgaria have already been built on, so your wise investment into a Bulgaria property is vital and will only provide you with fantastic rent income. The commercial properties in Bulgaria and the hotels in particular are of great interest to buyers willing to move abroad. You have to be extra cautious though as you need to first obtain a professional valuation on the local market. Otherwise investing in Bulgaria will be extremely risky.

We are able to fully assist you with any valuations and all legal procedures when purchasing a property in Bulgaria, guaranteeing you a full peace of mind. For our extended list of Bulgarian properties for sale please refer to the relevant part on this website or send us a Request form and we will contact you back.

Look at our latest Bulgarian properties for sale:

"Kian Residence Complex" in Samokov - an excellent off-plan ski property in Bulgaria.