Bulgarian Property Investments

Why Invest in Bulgarian Properties?

Because no other European country offers better value for your money!

It is clear that the Bulgarian properties are significantly cheaper than many other countries in the areas surrounding Bulgaria. The Bulgarian property investments offer a safe and stable investment with demand currently still outstripping supply and driving prices to increase.

Bulgarian property investment has been popular with investors for a long time. With the right approach, advice and common sense, Bulgaria can be ideal location for investing in buy to let properties. That is why many investors look to secure a rental income from their investment property - Bulgaria is one of the only countries with such an established tourist stream proven over many years.

In a typical year, rental investors can expect to gain around 10% to 20% of the value of their property, plus the long-term annual property value growth. This is the ideal time to make intelligent Bulgarian property investments - low interest rates, a strong economy and huge demand for rental accommodation fuelled further by the revolution of internet bookings.

Bulgaria is a very diverse country and so offers various Bulgarian property investment options. However, you need to think carefully about which area and which type of Bulgarian property is right for you and your circumstances.

The most popular and most well known area in Bulgaria is the Black Sea Coast. The 380 kilometres of beaches are amongst some of Europe's cleanest and safest. The region enjoys average summer temperatures of between 25-30 degrees. The season extends from April to October. Coupled with the renowned low cost of living it is easy to see why the Black Sea coast provides and an ideal summer destination. Besides, it is easy to access from an ever-increasing number of European Airports.

Here you have the popular resorts of Sunny Beach, Albena and Golden Sands.

There are also the major ports and cities of Bourgas and Varna and then smaller quieter places like the fishing town of Balchik and the northern town of Kavarna. If you are looking for a lively atmosphere, bars, clubs and a good beach, then these types of Bulgarian resorts maybe for you.

The next most popular Bulgarian property investment is a new build apartment in one of the three main ski resorts - Borovets, Bansko or Pamporovo.

Modern Borovets is one of the largest and increasingly popular winter resorts in the Balkan region. It is situated on scenic northern slopes of the Mousala Ridge in the east of the panoramic Rila Mountains. The resort lies huddled in thick pine forests some 1390 meters above sea level.

The resort is a perfect place to enjoy excellent facilities off track as well as on the snow. Many restaurants are clustered around the well-appointed and superbly equipped major hotels, making dining a real pleasure with an endless array of contemporary and traditional eating places available.
Borovets is the perfect place to relax and provides many other recreational opportunities throughout the year. The climate is considered to be healthy, enjoying beautifully clean air, mild winter temperatures and of course mountains of snow! Usually the slopes at Borovets are covered in snow from mid December through to April.

Bansko is considered by many to be Bulgaria's number one ski resort. It has the most modern ski facilities in the country and is a well-established destination for winter sport enthusiasts from all around the world. The town of Bansko is located 925 m. above sea level, and its ski slopes vary in altitude from 2000 m - 2600 m above sea level. It is some one hour from Sofia, but only 10 minutes from the bustling town of Razlog. Bansko has developed into a favourite ski & snowboard destination, but also boasts unique architecture, has many historically significant sites nearby, as well as beautiful scenery and countryside for miles around.

All of these places have undergone massive development. If you are looking for family friendly skiing with spectacular scenery and good restaurants then these places are good bet.

Another popular area for Bulgarian property investment is in city centre apartments in the likes of Sofia and Varna. Both of these are now very expensive but offer better rental returns and resale options.

Many people look further inland for cheap property prices and charming rural villages. The Bulgarian properties here are still fairly cheap and they offer a great escape for those seeking peace and solitude, while still being within a reasonable distance of the coast or larger towns.

Before diving into any Bulgarian property investment consider what you wish to get out of it and refine your search to areas that meet your requirements.

Are you looking for a quiet holiday home where you can get away from it all and enjoy being part of a rural farming village?
Are you looking for an apartment right on the beach or would a lovely village house a 30-minute drive away do?
Are you looking for a renovation project or a rental property?

Off-Plan Bulgarian Property Investments

Investors are currently making some excellent investment choices in off-plan property in Bulgaria. In this way, you can generate personal wealth through safe and intelligent off-plan Bulgarian property investment.

In order to limit financial risk and debts, the developers of any project will wish to sell units off-plan. They understand that if buyers cannot see a physical property at the beginning, they will demand a lower price, while relying purely on the developer’s reputation, the property location, artistic impressions and computer simulations on which to base their decision to purchase.

In addition to the excellent off-plan price, some highly beneficial finance structures are in place. You sometimes need to pay only around 10 - 30% of the purchase price in the form of a deposit, while the rest is payable upon completion. This may be financed by a mortgage if necessary.

In Bulgaria, as in any other markets, it is important to buy your off-plan villa, townhouse or apartment as soon as possible during the early stages of development when prices remain very competitive but are already beginning to rise. Early off-plan Bulgarian property investors will invariably see the greatest returns. Early off-plan property purchase in Bulgaria allows investors to choose the most sought after properties on any given development. The best units always offer higher capital appreciation in the smallest time frame and can often demand the greatest rental incomes.

Now has never been a better time for Bulgarian property investments, with recent times having seen record property sales registered.