You’ve decided to invest in properties for sale in Bulgaria – but what sort of property should you choose? And where?
There’s no question that the vast number of affordable properties for sale in Bulgaria have made it the hottest property spot in Europe. Although the country is a potential investor’s dream, you still need to ensure you buy the right kind of property. Property Purpose
Before you go shopping for properties for sale in Bulgaria, you need to make sure that you know what you want. Why are you buying this property? Is it to rent to tourists, or for your own holidays, or are you planning to move to Bulgaria permanently?
If you are planning to rent or sell-on to holidaymakers, you need to know what market you are aiming at – if it is a family market then large resorts along the coast could be what you need. If you’re thinking of targeting singles or couples, however, you won’t need as much space, but you will definitely need to buy where the action and nightlife is.
If the property as a holiday home for yourself, then of course you need to make sure that it’s somewhere that you want to be. Rental Market
Although there is a market for buy-to-rent properties in Bulgaria, you need to look carefully at the market before you purchase your house sale.
Home ownership in Bulgaria is one of the highest in the world, more than 90%, and so few locals rent.
The rental market is still in its infancy, if you are thinking of buying properties for sale in Bulgaria with the intention to rent, you should think first about how to find tenants. Look into the potential of targeting tourist locations or the capital city, Sofia, where an influx of new business could indicate a transient working population. Holiday Home
If you simply want a second home abroad then purchasing properties for sale in Bulgaria is more straightforward.
There are many strong tourist areas and fantastic holiday homes in premier ski resorts such as Bansko and Pamporovo or if you prefer beaches to mountains, the coastal resorts along the Black Sea are attractive options. Permanent Residency
If you are planning on living permanently in Bulgaria than the properties for sale will have to be exactly right for you. Think carefully about choosing a property in the right area at the right price which suits your individual tastes. For example, a resort that you enjoyed so much for a week may be completely dead in the winter season. It is important that you think about the type of lifestyle you would like to have and look for a property in a location that will support that – with social activities, shops, markets and a climate that you will be happy with.
Whether you are dreaming about life in one of the Black Sea resorts, investing in a buy-to-let in one of Sofia’s city apartments or acquiring a holiday home in the ski resort of Bansko, there are many opportunities to find the right properties for sale in Bulgaria to suit you. If you want to find out more about the different kinds of properties for sale in Bulgaria then telephone The Bulgarian Property Company on 00359 886 234 289 or e-mail: email@example.com We can take the headache out of buying in Bulgaria with our extensive local knowledge.