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
 Property
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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