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.
Search Properties
I can only reiterate what many have said before. I bought a house sight unseen and only had photos to work with. Kunka (Kiki) provided many additional photos and a video upon request. She has the patience of a saint when dealing with a never-ending barrage of questions. The purchase was completed within the specified timeframe (the first Brexit date) without any problems and Kiki is now helping me arrange for renovation work. I had to use a Power of Attorney to undertake the purchase and despite having to make an unexpected trip to Hanoi to notarize documents, all went smoothly. I would therefore recommend Kiki and her company without reservation and most likely will use her services again at a future date.
— Mike Johns, Thailand