Finding Property in Bulgaria?
Great info about finding Bulgarian property!

Finding property in Bulgaria can be divided into several main areas. The Black Sea riviera is the eastern coastline of Bulgaria and hosts popular resort such as Bourgas, Varna, Sunny Beach and Golden Sands. There are many new developments along this stretch, most are of good aesthetic standing, but there are some which are unsympathetic developments. To the north border with Romania, there are many beautiful properties along the Danube river, some in architecturally historic towns. There are many medieval rural towns which are likened Tuscan towns and many rural properties which can be purchased very inexpensively. Bulgaria is home to many mountains ranges including Rila, Gora, Balkan, Sredna, Prini and the ski-ing areas of the Rhodope mountains, where summer activites include hiking, trekking, climbing and hunting.

Finding Property in Bulgaria - Property Prices

Finding property in BulgariaProperty prices in Bulgaria are amongst the lowest in Eastern Europe. Generally, simple rural properties in need of modernisation can be found for as little as £5,000. However, in some areas, the market is showing the signs of the flood of foreign investment and property prices generally rose by 20% in 2003 and 25% in 2004. Because of this, really cheap property is becoming more difficult to find, but prices are still very low compared to similar properties in the UK.

A new two bedroom apartment on the coast currently costs around £40,000, though cheaper units can be found off-plan. A new two bedroom villa costs from around £55,000 in the same area, though again buying off-plan can mean a better deal is possible. Purchasing a house in Bulgaria is not too complex though does involve the setting up of a Bulgarian limited company. please read on the next Purchase section for more details.

Purchase Property in Bulgaria

 

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