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Renting Or Buying In Bulgaria

Apr 9, 2008
Bulgaria properties are, like anywhere else, extremely diverse and it is possible to buy whatever type you wish. However while it is true that there are many thousands of apartments to choose from, there are lots of other Bulgaria properties on the market: apartments, off-plan properties, villas, rural houses, town houses, downtown properties, cottages, hotels, parcels, industrial land, land for constructions, agricultural land, guaranteed rental properties.

Bulgaria is an option for you

Bulgaria is a great choice for investment as it boasts pristine nature, great weather, rich cultural heritage and hospitable, friendly people. Bulgaria properties are, like anywhere else, extremely diverse and it is possible to buy whatever type you wish. Bulgaria has a variety of investment properties and resorts to suit your requirements for investment and holiday making. Bulgaria is a world leader with its exceptional diversity of medicinal herbs and the excellent curative properties of its apian products.

Property in Bulgaria is appreciating and potential buyers are sure of a very attractive and sound investment opportunity. Whether using property for sale in bulgaria as a second home or as a vacation rental, there's never been a better time to buy bulgaria property for sale. Foreigners can buy apartments and would automatically receive right of passage and other land related rights, but they cannot own land in Bulgaria directly. As a result of the better economic conditions, social political stability in the country in the last 3 years there is a real boom of the prices of Bulgarian real estates. Borovets is less than 1 hour from Sofia airport and 90 minutes from Plovdiv airport which makes it the best connected resort in Bulgaria.

We have many reasons to believe that over the next 5 years, the area of Bansko will turn into the best all year-round mountain destination in Bulgaria, mostly due to its strategic location and great resort and leisure infrastructure currently under construction. The most popular areas in Bulgaria for property sales are the seaside resort of Sunny Beach and the ski resort of Bansko. My partner and I have been to Bulgaria on a number of occasions and we just love it. According to the newsletter, Bulgaria is the right destination for both short and long-term investments, as the country's economy is "one of the most stable and quick developing of the Balkans. You should also remember that in Bulgaria married buyers own the property jointly, so the property purchase and therefore the mortgage application should as well be in joint names.

Although real estate prices in Bulgaria are still cheaper in comparison with the prices of other European countries, they are increasing by 20-30% every year.
About the Author
Gordon Warre writes about cheap homes in bulgaria
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