Where is the best place to buy an apartment in Bulgaria?

Every city of Bulgaria is unique, they are similar to European cities, but at the same time they have their own Balkan flavor. The country’s real estate business is quite popular among CIS residents due to its mild climate, beautiful nature and affordable housing costs. So, where to buy real estate – Russia or Bulgaria? Let’s consider Bulgaria, as one of the most affordable places to live in Europe.

Advantages of property in Bulgaria?

Bulgaria real estate has many advantages:

• affordable price;
• inexpensive accommodation;
• unique geographical location, beautiful nature and comfortable climate;
• well-developed infrastructure and transport links, convenient for traveling around eastern Europe;
• the presence of social facilities, schools, kindergartens – a high standard of living.

Real estate in Bulgaria. Where is it better to buy?

Housing costs are rising all over the world, Bulgaria is no exception. In 2021, prices here rose by 2.5-5.5%. New apartment complexes are being rapidly developed in the Varna. Buyers are attracted by the temperate climate, developed social infrastructure. Also, there are many cozy cafes and restaurants, beautiful architecture, parks, everything for a comfortable and happy life. Apartment for sale, Bulgaria, particularly in Varna is often bought for further rental, the income is about 300 euros per month.

The real estate infrastructure in the city is different: classical architecture, old houses, Soviet standard buildings, as well as new, futuristic, buildings. Average price of apartments on the secondary real estate market starts from 50 thousand euros. Classical apartments will cost you about 38 thousand euros. It all depends on the decoration, area, distance from the center. Many experts recommend Golden Sands, famous for its clean sandy beaches and beautiful nature. Where is the best place to buy an apartment in Bulgaria? We have provided some variants, following in the article.

Property near Burgas

Nowadays, Burgas is the second largest city in the Bulgaria sea resort area. It is located between the sea and two lakes. Burgas has a philharmonic society, an opera house, a drama theater and together with a puppet theater they emphasize the cultural atmosphere of the city. Tourists and investors will find cozy cafes and restaurants on the sea coast with truly picturesque views of the Black sea. 25 kilometers from Burgas is the Golden Sands village, where modern multi-storey apartment complexes are mainly built. The Burgas real estate market offers cheap houses for sale in Bulgaria, of 80 sq.m. near the sea for 50 thousand euros.

Real estate in Albena?

Alben is a small resort town 35 kilometers from Varna; it is considered as the most populous resort city in the Bulgarian land. It is a popular tourist place with a well-developed entertainment infrastructure, numerous cafes, shops, attractions for every taste. Mostly new modern apartment complexes are sold here, as the resort is quite young and began to be built in the late 70s. Real estate sphere in the city is excellent for renting; accommodation has a pretty high price level, especially during summer.

The advantage of buying property in southern Bulgaria

The south of Bulgaria is very popular among tourists. Where is the best place to buy an apartment in Bulgaria? We mentioned Burgas as one of the most popular cities on the southern coast. Burgas produces iron ore and salt, operates oil refineries, has textile and  food factories. The city attracts real estate buyers with its comfortable climate, excellent transport links – there is a separate railway, an airport, and a seaport. There is also a Marine Park, where cultural life is in full swing.

The real estate market is represented by pre-revolutionary, old buildings with classical architecture, Soviet times houses. Modern residential complexes could also be worth investing in, but there are only a bunch of them. In Burgas you can buy a ready-made apartment for 30 thousand euros on average. A two-room apartment will cost 48 thousand euros, and housing in the center starts from 80 thousand euros.

Another interesting object is Sarafovo, located in the Burgas suburb. Housing prices here are two times lower.

Sunny Beach is one of the most attractive and popular resorts in Bulgaria. It was founded in 1957, so you can find mostly new modern complexes. Housing is affordable, prices start from 8-10 thousand euros for a studio, apartments with two and three rooms can be purchased for 20 thousand euros.

Let us note that in connection with Russia’s military aggression against Ukraine, more and more Ukrainians are interested in buying an apartment or house in Bulgaria. Our company’s specialists will advise you on all your questions regarding the purchase of real estate and prices in sunny Bulgaria. In addition, the client does not pay a commission when purchasing real estate; this is a priority rule when cooperating with our company.