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Never Better Properties
Melton Court
Gibson Lane
Melton
HU14 3HH
Tel: +44 (0) 1482 638460
Open : Mon – Fri 8.30 – 5.30

Hi my name is Jenna and I will
be your first point of contact.

Bulgaria Map

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Bulgarian off Plan Properties

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Never Better Properties
Melton Court
Gibson Lane
Melton
HU14 3HH

Tel: +44 (0) 1482 638460
Opening Times : Mon – Fri 8.30 – 5.30

Bulgarian off Plan Properties

Countryside

The Russians have not tuned in to the wave of the ecological tourism yet, while the west-Europeans, tormented by the civilization, fully appreciate its advantages. This is why British, Scandinavian and German nationals have been actively buying out houses and lands in Bulgarian villages – while 10-15 km away from the coastline seem to a Russian to be desperately far, the West-European has no problems.

The admirers of peace, fresh air, and the healthy way of life are also numerous, so recently some village areas, especially in the area of the Central Stara Planina, the Rhodopes, etc have experienced a swift development.

The prices of the real properties constantly rise, but not as drastically. And they start low, since until very recently a decare of land could be bought for 50-100 euro.

Investing in health

Until recently the most attractive investment was considered to be the one in the already developed resort complexes both on the coast and in the mountain, while the real boom is currently in the sphere of the balneology.

Judged by the concentration of mineral springs, Bulgaria is among the first in Europe. The country has between 500 and 2000 springs, but 30% are being used currently and the remaining ones are patiently waiting for their new users. Besides being so numerous, the springs are scattered throughout the country, so that the investor will be able to combine a SPA center with sea or mountain or a SPA center with country- or ecological tourism.

As was said by the chairman of the Bulgarian National Balneology and Tourism Association – Tsveti Milanova – “attracting foreign investors is a priority of the association and a specific department has been opened for this purpose. The specialists in this department are ready to give complete and thorough information regarding the composition of the mineral waters of a respective spring, the condition of the infrastructure, and even assistance in the preparation of required documents"

The first to discover the balneology segment were the British and Irish nationals, afterwards came the Germans. More and more frequently French and Israelis appear, as well as Russians. So the Bulgarian specialists are already talking for a “healthy investment boom”.

Offices

Despite that entertainment and commercial complexes are being built everywhere, Sofia bears the brunt of the sector. The capital city, which proclaims itself to be center of the Balkans is currently holding first position in the list of most profitable office investment in Europe. The need for commercial and industrial properties in the capital is extremely large and the demand for now exceeds the supply, while the annual investment return is assessed to be very high: 13-15% (according the Russian press, and in fact it does not exceed - 7-9% - note by the editor)

Analysts believe that the admission in the EU would affect the office properties sphere. The business has calculated a 20% price raise but for the office areas prices could rocket up 30-40%, and maybe more. The big international investment and developer companies, including the ones beyond Europe have already sensed this potential.

Waiting for investors

Absolutely all specialist related with the investment and real estate market in Bulgaria believe that the cross-regional cooperation would be most beneficial supported by the corresponding investment in the regional projects.

The construction of tourist sites in Blagoevgrad and in Gotse Delchev, residential and SPA complexes in Smolyan region, sports and tourist center “Perelik” in the Rhodopes mountain, the mud-baths located on Tuzla lake, the mountain sports complex of Berkovitsa are only a small part of the projects, which have been offered to the foreign, including Russian, investors.

All this is further stimulated by the Law for Investment Stimulation, since the State is ready to allocate land for specific projects without slowing the process with tender procedures.

There is already a reaction from the Russian investors. The example – a project performed by the Russians for the construction of villa settlement in the village of Stoykite, close to the Pamporovo complex in the Rhodopes.