Best time to invest in Bulgarian properties
During the past few years the sellers of Bulgarian real estates have been reducing their property prices by as much as 50 per cent in some cases just to remain competitive.If you are cash buyer and ready to buy immediately also if you can afford to sit it out long term then you should consider investing in Bulgarian property.
After few years of stagnation of the Bulgarian Real Estate market , recently there are increasing signs of positivity in what once was a thriving business for property developers and sellers alike in Bulgaria.
For the property investors in Bulgaria, this is an ideal world the golden opportunity to invest in house, land, apartment, commercial property, etc. The byers have to catch this short term gap in the property market when the property prices are still low.
The property investors in Bulgaria without a doubt have to choose the best property for them. The best is the bargain properties at this time are from renovated resale’s. The prices of These kind of properties are very low, they are almost ready to move in and can buy them as little as 20000-25000 Euro’s. As long as the property is taken care of in terms of maintenance etc. then the invesyment will pay off with a healthy return, possibly in as little as five years.
Bargains can be found also with houses in mountain regions. They can be found for the prices starting from 3500Euro’s. Among bargains can find a properties on Black Sea Coastline and the Bulgarian ski resorts. The prices of the properties in Bansko, Pamporovo, Sunny Beach, Varna, Burgas have prices at lower than the original construction cost.
I typically do not write a review for anything or anyone, but the outstanding service I received from our Real Estate Agent -Kunka Boneva mostly called Kiki it is an exception. Her Company BULGARIAN HOUSE LTD deserved more stars. Kiki put quality over quantity when it came to helping me and my family and we secure a home. What I mean by quality is i was not just a “number” to her, she genuinely cared to get to know me and familiarize herself with what i was comfortable with when purchasing a home. Kiki was 100% professional at all times, patient with my asks, and knew each one step from the reservation contract, preliminary contract, setting up a company , finalizing the deal and now on going with their aftersales services! She is a valuable asset to your company and me personaly greatly appreciate everything she did for me and my familly. Thanks again Kiki!
— Keran, UK