Bulgarian properties. Bulgarian real estate prices
Property for sale in Bulgaria attracts foreign buyers thanks to affordable prices. It’s the only European country where you can buy resort property for €20,000–30,000.
Studios in residential complexes near the beach sell for €20,000 in many resorts. The buying price for two- and three-bedroom apartments of 80 sq. m. can be just €50,000. The most expensive real estate in Bulgaria is for sale at the St. Konstantin and Elena resort. Apartment prices here range from €80,000–90,000 to €250,000–300,000.
Most resorts in Bulgaria are suitable for quiet family vacations with children. Golden Sands, bustling with entertainment, is a perfect retreat for young people. There are many popular health resorts in Bulgaria, such as Sandanski, Hisarya, Velingrad, Kyustendil and Devin. Houses here cost from €50,000 to €300,000.
Bulgarian real estate in ski resorts is less popular than seaside property, at least for investors. Bansko, Borovets and Pamporovo are the most popular winter holiday destinations. Bansko is the best and cheapest winter resort in Europe. The average price per square meter here is €350–500, apartment prices start from €20,000–25,000 and houses sell for €70,000 and more. A two-storey house with land might cost €100,000–120,000. There are dozens of golf courses within ten kilometres of the resort.
Bulgarian property for buy-to-let purposes is often chosen in the capital and its surrounding area. There are many universities, museums and landmarks in Sofia, making it the tourism and business centre of the country. A cosy studio in downtown Sofia can cost €20,000–30,000, two-bedroom apartments sell for €50,000, three-bedroom flats are priced upwards of €70,000–90,000. A 40 square metre studio for rent can earn 6–7% yields per annum. Prime real estate in Sofia is priced at €1,500 per square metre and up.