Our company understands very well how important is to give accurate advice to property buyers. Analyzing trends and tendencies on Bulgarian property market, our experts have tried to be maximally useful to you. In preparation of this page, we have used more precise and reliable information.

Bulgarian properties have doubled all investments made during the last year and a half, but this is just the start.

     Property in Bulgaria is the fastest growing asset in our country. Last year the property prices in Bulgaria have gone up with more than 25 % in general. Some real estates have gone up with 50 % for one year, especially the ones in Sofia, in the Black Sea beach resorts (Sunny Beach) and in the ski resorts (Borovets, Bansko). The improved economic conditions, political and social stability in Bulgaria over the last 3 years brought to a real boom of the prices of property in Bulgaria. Other important factor for the rising property market is the huge tourism potential in our country. There are great natural attractions - high mountains, beautiful and clean Black Sea coast, preserved rural areas, minimum urbanisation, thousands years of history, etc. Nowadays Bulgaria is considered as the fastest growing tourism market in Europe. This is something that foreign buyers of property in Bulgaria appreciate the most. Together with the constantly rising prices, buying property in Bulgaria is one of the best investments that one can make these days. There is no sign that house and apartment prices in Bulgaria will stop their march toward new highs in the near future. The property market is booming and has not yet reached its normal levels. So, there is still money to be made.

Bulgaria stands out among property hotspots

     Bulgaria's property market is an attractive investment for second-home foreign buyers. This is turning into a steady trend, having in mind the interest by individual buyers and property investors from the United Kingdom, Spain, Israel, to name but a few. This tendency should be viewed as part of the dynamics and trends in second home purchase on the European market as a whole. The traditional hotspots in this respect are the developed markets of Portugal, Spain, Italy and Greece, which are now being joined by Croatia and Bulgaria. They form the so-called Southern tier of Mediterranean countries, where second-home hunters from Central and Northern Europe are heading for. Unlike other countries from this region, Bulgaria has four distinct seasons - winter conditions here are good for skiing and holidaymaking, while the summer is hot. Bulgaria is bound to turn into a hotspot for holidaymakers, which will feed the interest of second home buyers. Bulgaria's upcoming accession to the European Union in 2007 will contribute to this trend, as the country will become its southeastern border, a binding link and a bridgehead to the Middle East.

     Bulgaria's property market is very dynamic, but still could be defined as developing. Ahead of us are countries with mature markets. The above mentioned Portugal, Spain, Italy and Greece belong to the group of countries with mature markets. Bulgaria tries to catch up with them. Bulgaria is part of Europe's Southern tier and will benefit from its future, infrastructure projects, economy and market. This is our biggest advantage.

     We from Bulgarian Property Ltd. always try to show the best value offers and to cover all major regions of the country featuring the most interesting properties from investors point of view. We want to do our best for every customer. On this page we will try to give our brief recommendations to buyers who are interested in investing in real estate properties with good value, big potential or significant money return as rental income. We do not force you to buy and we do not guarantee fast and huge profits. This is simply our professional, but personal opinion.

     For investors who are interested in "buy to sell" properties in Bulgaria:

     Where you decide to buy depends on your exit strategy. If you intend selling within three years, you're better off buying on the coast, which is more established than the ski resorts. If you intend selling within five years, then the ski resorts offer a better long-term investment. Over seven years, buying in the capital, Sofia, is a better bet financially, as it will hold its own long after any boom-and-bust scenario.

     For buyers who invest in "buy to let" bulgarian properties:

     The opportunities presented by the new Eastern European markets have drawn two types of buyers: those looking for city-centre buy-to-let properties and those attracted by holiday properties with letting potential. Bulgaria offers both opportunities, but is still in the first phase of growth. The best investment opportunities include the ski resorts of Bansko, Borovetz, Pamporovo and the Black Sea resorts of Varna, Bourgas, Sunny Beach, Golden Sands, Nesebur, Sozopol, Primorsko etc. The capital Sofia is developing rapidly as a commercial centre, signaling that capital appreciation and rental yields should be very strong in the future.
     The rental income depends on the type and the location of the property that you buy. The rental market in the bigger cities like Sofia, Varna, Plovdiv or Bourgas is quite competitive and developed. In Sofia and Varna, for example, you can expect an annual return on investment (ROI) of about 10% per year. However, this does not include the price appreciation, which is about 20% per year.
     On the other hand, at the resort areas on the Black Sea coast and the ski resorts the rental market is seasonal in nature. For example, in some areas like Nessebar, Saint Vlas, Sunny Beach) one can expect good rental occupancy of the property during the entire summer season (June, July, August) and weak occupancy during the shoulder seasons of Spring and Autumn.

     For customers who prefer rural properties in Bulgaria:

     We from Bulgarian Property Ltd. consider that the most attractive regions are those yet to be discovered and appreciated. The fore-Balkan, starting from the villages of Ribaritsa and Apriltsi, and eastwards along its axis - Troyan, Tryavna, hold tremendous potential - breath-taking nature, preserved customs, clean environment. We should not skip the sub-Balkan valleys, moving southwards to Rila, Pirin and Rhodope Mountains.

Bulgarian properties - Sofia - Real estate, Market, Investments

     Sofia is the capital of Bulgaria and the biggest city in the country. Sofia is the most developing place, where all public institutions are situated, embassies of other countries, international company branches. The real estate market is most dynamic in Sofia. The prices are higher than in the other locations. There are lots of possibilities for investors. We can offer you a diversity of business & office buildings, new apartment complexes, luxurious houses, land and rentals.
     In last few years prices of beautiful apartments in Bulgarian capital Sofia increased with 30% every year. Expectations are that this increase will continue, but it can not last forever, it will remain eventually in next two years until market reaches its maturity. Bulgaria became popular because of low prices of properties and annual return between 6 and 10% of investment in them.
     Developed in last year tendency for diversification of prices of Sofian properties on criteria based on their location is already clearly expressed. Now the capital is definitely divided on four price zones, among which average prices of square meter living-floor-space reach differences of almost two times. read more...

Properties in Bulgaria - Bulgarian Black Sea - Real estate, Market, Investments

     In last two years level of investments on Bulgarian Black Sea has been registering continuous and constant growth. Possibilities of Bulgaria to offer profitable investment or holiday on Black sea permanently increases. Tourism has solid base in Bulgaria, especially on Black sea. This area is popular because of its natural datum - beautiful beaches, unique forest areas, and thermal resources which are premise for existence and future development of new resorts with balneological medical bases working all the year round. Tourists that visit Bulgaria are offered colourful excursions to typical villages in the interior of the country giving possibility to see Bulgarian folklore traditions at the place of performing, to illustrate arts and crafts. With the development of this business, investment interest increases. Statistics show 15.86% increase of tourist flow in comparison with previous year, in period which is characterized with comparative decrease in other popular world resorts. Experts of World Trade Organization (WTO) prognosticate that until 2020 Bulgaria will attract 12 million tourists annually.
     We have chosen some basic modes of real estates which we consider as interesting opportunities for investments. read more...

Bulgarian property - Ski resorts property in Bulgaria - Real estate, Market, Investments

     Bulgaria is crossed by mountain ranges - The Balkan chain, the Rhodopes, the Rila range and the Pirin Mountains. Rugged snow-capped peaks and soft green slopes, cool forests carrying the aroma of herbs and wild fruit, quick-flowing rivers and crystal-clear blue lakes, mineral springs and bioreserves, rare plants and game, large climatic and ski resorts and small picturesque villages with living traditions and folklore every Bulgarian mountain has its own characteristic appearance, fascination and beautiful name. This made Bulgarian winter resorts favourite skiing destination for many foreign skiers and snowboarders during the last 20 year. The regular foreign visitors of Bulgaria know the 3 most popular ski resorts here: Borovets, Pamporovo and Bansko. There one can find perfect ski slopes, either for beginners or professionals. Besides chair and cable lifts, ski equipment and teachers, the resorts offer all you need to have an unforgettable holiday - from five-star hotels with satellite TV, to romantic huts, small family hotels, and holiday villages with the more intimate charm of finnish chalets. The healthy climate, days guaranteed snow, the spectacular scenery, and reasonable prices tempt more and more foreign fans of snow winter holidays. read more...

Property in Bulgaria - Bulgarian rural properties - Real estate, Market, Investments

     The roots of the Bulgarian spirit and character can be discovered in the Bulgarian village, which has preserved to a large extent the uniqueness of our traditions. The stay in a Bulgarian village gives you a perfect opportunity to experience a life that can fill the gaps between cultures and times. In the Bulgarian village the tourist is always accepted and welcomed as a guest and as a friend, but he will also feel like an explorer of a different way of life. He can identify and live with the ordinary local people, and participate in the agricultural activities; he can study the Bulgarian folklore, and witness the local family and religious celebrations. Our clients from the developed countries remain pleasantly surprised by the hospitality of the local people, who have preserved the spirit of the ancient times, and who, despite the language barrier, try to become their friends and to help them with anything they can.
     The purchase of Rural Property is attractive for those who want to get in touch with the past, to live far away from the rushed city life and to wake up in the morning from the song of birds welcoming the sun. Here is the place to note that most of those villages are accessible throughout the year, they have electricity, running water, small grocery stores, a post service, telephone lines, GSM network coverage, as well as cable service with many international channels for the larger villages. Many of them are situated close to bigger regional cities. read more...

Bulgarian Real estate Property - Spa resorts property in Bulgaria - Overview, Market, Investments

     The abundant mineral water resources rank Bulgaria among the leading countries of the world in terms of balneology. The curative properties of mineral water have been known since ancient times. The millennia could not erase the traces of once flourishing spa towns built around mineral springs, of which we have the evidence of numerous archaeological remains from the Thracian, and especially from the Roman era. Examples are the ancient towns of Serdica (Sofia), Augusta (Hissar), Pautalia (Kiustendil) and many others.
     There are a lot of reasons for this historical continuity of water cure in Bulgaria. Above all, the country has a great number of mineral springs with diverse physic-chemical composition (more than 800), grouped in some 250 mineral water sources according to the places of origin. Their mineral composition includes almost all ingredients that are present in mineral waters elsewhere. Their temperature also varies greatly (from cold to over 101 C). read more...

Bulgarian Real estate - Land in Bulgaria - Overview, Market, Investments

     The year that passed by will be a turning point for the market of agricultural land. Prices of homes and plots in inhabited places registered significant growth and this fact influenced prices of agricultural land. Money invested in agriculture on different European projects and programmes increased profitability of land cultivation and rent given by renters. This increased appetite of many people who wish to gain good land.
     The most expensive are lands in the vicinity of our famous mountain and marine resorts. The question is where the land is situated and for what purpose it can be used. Average sale price of land for the whole 2004 is 306 lv per decare and for 2003 it was 145 lv. But do not forget that only 2.3 % of all deals are for land which requires change of its use, namely for building of commercial and housing objects.
     What we can expect for the period 2005-2007 year? The financial frame of assets determined for investments in agriculture is already clear. They are not large figure, but having our native economy and prices in our country for background, they look really impressive. Money that will come in agriculture are clear for the period 2007-2010 year. We are talking about billions and this will influence land market. Enterprising Bulgarians that already buy up land in different regions of the country and do not announce that will show good view for the future. read more...

Real estate in Bulgaria - Bulgarian commercial areas - Overview, Market, Investments

     After the bum in prices of properties during the last two years, 2005 is going to be the year of commercial areas. Now in Sofia demand is much higher than supply. We are talking about shops on top places - ideal center, big boulevards and housing complexes. Prognoses of brokers working for Bulgarian Property Ltd. are that in 2005 prices will increase with about 20%.
     Towards middle of 2004 commercial areas in Sofia are 120 thousand sq. m. At the moment entertainment - commercial centers are built with open built up area -150 thousand sq.m. They will be opened in the next two years. Investments in property market will be directed to construction of hyper complexes, shop chains, and separate objects. Expectations are that international chains which have strong positions, will enter the Bulgarian market. Now the interest by foreign investors towards our commercial objects is four-five times greater than it was one -two years ago.
     Until now demand of shops is concentrated in ideal center. Rent vary between 25 and 120 euro and they depend on location and type of business, room space, view of shop windows and additional works. Sell price of commercial areas with good or excellent location vary between 500 and 2600 euro /sq.m. We can say that rents of real estates in ideal center of Sofia, have reached those in Athens and Istanbul. read more...

     Important:

     Buying real estate property in Bulgaria with Bulgarian Property Ltd., you may use and benefit from our rental services and we will provide: 1 year of free advertising in our website, free property management for 1 year, first tenant free of charge, high quality refurbishment - with 2 year official guarantee by Bulgarian Property Ltd., high quality furniture - with 2 year official guarantee by Bulgarian Property Ltd.
...and don't forget the constant capital growth of these properties.