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Law real estate prices bring more potential buyers in Bulgaria

14.08.2012

Law real estate prices bring more potential buyers in Bulgaria Bulgaria is one of the most preferable destinations among many Russian buyers. One of the major factors attracting Russian buyers in Bulgaria is the law real estate prices.
An article in Rossiyskaya Gazeta say: “The Bulgaian properties worth up to 50 000EUR( 39 337 GBP) are about 80 % of the properties on sale , and it is very profitable to invest with these prices.”
Reported on figures released by Bulgarian Reals Estate agency “Bulgarian House ” Ltd, the most of the deals in Bulgaria are with Russian and British byers. The main properties in that they invest are renovated Bulgarian properties or very cheap rural houses which need renovation work.
The most preferable destination is Black Sea Coastline, specially the south Black Sea coast. Another destinations are the mountain resorts like Bansko,Pamporovo or mountain areas-Veliko Tarnovo region.
The most of the Russian property byers in Bulgaria are considering buying real estate overseas, as it has become more affordable and therefore opened up the market to purchasers in the middle classes.

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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
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