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.
Probably the best estate agent in Bulgaria. As a recently married couple looking to give up the grind of 8-6 mon-fri rat-race lifestyle... but without enough money to actually do so at home in the UK. We have always been adventurous, but after watching the series ‘Ben Fogle: New Lives in the Wild’, the idea of just quitting our jobs and moving away to start something completely new, suddenly seemed very doable. We turned to the internet for answers and based on the budget we had and the lifestyle/climate we were looking for, Bulgaria seemed to be the place for us. So after hours of trawling through websites, and countless emails back and forth with various estate agents throughout Bulgaria, it quickly became apparent that there is a lot of choices out there and ‘viewing trip’ was in order to see it for ourselves. We booked some tickets and flew over to see how it could be possible to buy a whole house for less than your standard deposit back home. In order to view some of these properties, in the beginning, we were in talks with a number of different agents and even a lawyer!, but the only person who actually seemed to care about helping us find our dream home that was right for us (and not about taking our money), was a lady called Kiki from BulgarianHouse.com. So after coming home, now with a better understanding of what your money can buy, the different things to look out for and the vastly different regions of the country, we asked Kiki to assist us with our search. With this newfound knowledge and her help, we quickly condensed a list of 30 potentials down to just 2, and then after Kiki did some investigation into the legal side of both the properties, we made our choice. When it comes to customer service, she helped us every step of the way, from suggesting houses that offered what we were looking for to guiding us through the legal process and completing the sale. She has consistently delivered on her promises and has always been just a phone call or message away - Which actually helped alleviate a lot of the possible anxiety linked to buying a house in another country… Not to mention choosing to do right in the middle of the Brexit negotiations. To be honest, the whole process has been a breeze with her help and I would certainly recommend her and BulgarianHouse.com to anyone who is looking to do the same. Now the sale is complete and the house is ours, we couldn’t be happier and plan to take the leap in the new year. Thank you for all your help Kiki Tia and Lee
— Lee and Tia, United Kingdom