Buy to Let Bulgaria

Buy to let in Bulgaria. Letting in Bulgaria. Bulgarian properties to let. Why invest in Bulgaria? Holiday rentals in Bulgaria.

When you purchase a Bulgarian property with the intention to let in Bulgaria, there are obvious advantages. Firstly you receive an income from your Bulgarian property which will enable you to either cover Bulgarian mortgage costs or enjoy an additional income in Bulgaria.

Over time it is likely that your property in Bulgaria will increase in value, so whilst you are earning a rental yield from your Bulgarian property, you are also making a profit on the property itself.

Self catering Bulgarian holidays are more popular than ever - this means that there will be a demand for your Bulgarian property, according to research from Mintel, it increased by 22per cent between 2002 and 2007.

Why invest in Bulgaria?

Located in South Eastern Europe, Bulgaria is bordered by Greece and Turkey to the South, Romania to the North and Macedonia and Serbia to the West. Its Eastern Border is formed by the beautiful Black Sea Coast.

A country of outstanding natural beauty the environment remains unspoilt and is incredibly varied. A relatively small country, a few hours drive will take you from the snow covered central Pirin mountain Ranges to the long sandy beaches of the Black Sea coast.

Choosing the right Bulgarian property

Be clear about your objectives – how important is rental income in Bulgaria compared to choosing a location and property in Bulagria that you personally desire? Here at British Developments we have a variety of Bulgarian properties for you to consider before you rush into anything. We want to make sure that you make the right decision to suit you.

Try before you buy – British Developments are exclusively offering Free viewing trips to Bulgaria to anyone that is interested in buying in Bulgaria. This will enable you to familiarize yourself with the area and think about transport links and whether amenities/attractions are always available.

Buy a property in Bulgaria with a ‘wow factor’. Location, stunning views, luxury facilities or external features such as pool or roof terrace are unique selling points (USPs) that will make your Bulgarian property stand out from the crowd. You can choose from our Bulgarian beach apartments and houses, Bulgarian ski apartments and houses or Bulgarian mountain land.

Furnishing a rental property

A higher standard of furnishing will enable you to set a higher rental price and could potentially give you a higher occupancy rate throughout the year.

We provide help in Bulgarian Furniture Packs to suit every budget for Property Investors in Bulgaria.

 Being a responsible owner

Firstly ensure you are allowed, legally, to let your property on a short term basis.

We can offer you Bulgarian Legal and Tax advice here on our site and put you in touch with a Bulgarian Legal Representative to carry out your due diligence in Bulgaria.

You will need to ensure that you have the correct type of insurance in Bulgaria  and that your Bulgarian property adheres to all of the security measures required by your insurance policy such as specific door locks, alarms or window locks.

Letting your property

If you want to save money on paying Bulgarian Estate agent commissions, be in control of who stays in your property and when you get to spend time there too, then you would be best managing your own lettings.

When handling your own Bulgarian lettings remember that Bulgarian holidaymakers are your customers, so respond to enquiries quickly and pleasantly.

Find an individual or Bulgarian company nearby to handle cleaning, laundry and key holding for you.

Consider all the steps involved from initial enquiry through to returning the security deposit, assessing the time and costs involved. Then plan a sensible procedure for handling enquiries, bookings, changeover days, return of keys, etc.

Managing your bookings

Most importantly you will need a Bulgarian booking contract stating the full terms and conditions of use of your Bulgarian property for potential tenants.

holidaylettings.co.uk can supply you with a contract template and an A5 guide informing you of the important points to include in this contract.

You can find the guide by going to HolidayLettings.co.uk

Marketing your property

Decide how much money you want to make from your letting in Bulgaria, and then decide on an advertising budget.

Use the Internet to market your Bulgaria property. holidaylettings.co.uk advertise the availability of over 26,000 holiday homes in 110 countries. They receive around 60,000 unique visitors to the site each day, generating an average of 4,000 booking enquiries. They receive more traffic than any other holiday home web site.

Quote the British Developments Partner Introducer ID number: 44673 when you register, select the full annual fee option of £185+vat and they will display your online advertisement for 15 months for the price of 12. Add additional property adverts at the same time for the annual fee option of £109+vat per additional property, and all the Bulgarian properties registered at the same time will receive 15 months promotion for your first year with them!

Alternatively, click here www.holidaylettings.co.uk/whychooseus.htm/from.44673/ to find out why more than 15,000 property owners already advertise with holidaylettings.co.uk

For our extended list of Bulgarian properties please see here.

If you need information on financing in Bulgaria, please follow this link.

To visit us - please see our Viewing trip to Bulgaria