Property in Bulgaria
View all properties in Bulgaria
Bulgarian Property
Property in Bulgaria is a strong favourite with British overseas property buyers who have been buoyed by the potential for high capital appreciation. Whilst there has been undoubted capital growth, 42% in 2005 according to international surveyors Knight Frank, the property market had its problems like any developing country should therefore be treated with caution.
Cheap Bulgaria property
As with any developing country, some of the property in Bulgaria has been of a sub-standard quality and property rental potential has been overblown. Overseas property buyers have invested predominantly in the areas of Bansko, Sunny Beach and Sofia. These areas will not sustain the high capital growth that has occurred and should be viewed as more lifestyle destinations. The areas of Varna and Pamporova represent excellent opportunities for capital growth as well as an attractive lifestyle destination.
Investment property Bulgaria
Guaranteed rentals schemes are an attractive option to many investors as it gives peace of mind with regard to relying on a rental income and saves having to spend time marketing the property.
Property in Bulgaria is still appealing for property investors and increasingly lifestyle buyers. EU entry and the associated levels of investment as a result of membership will no doubt assist capital appreciation. Additionally, tourism levels are increasing making buying a ski property, golf property or beach front property all the more appealing. The main consideration when buying property in Bulgaria is to focus on areas that are not over-developed. We only recommend property in Bulgaria where our analysis has shown that there is good growth potential and importantly, the possibility to sell or rent at a latter date.
