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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.

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Buy Bulgarian Rural Properties

We are here to help you in any way we can. Please feel free to call our new office in Hull.

Never Better Properties
Melton Court
Gibson Lane
Melton
HU14 3HH

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

Bulgarian Rural Properties

Foreigners’ interest in buying houses with gardens and plots of land in Bulgaria is being driven by two major factors: their desire to own a second home in a pleasant, picturesque area where they can spend their holidays or even move to live there permanently, and by the indisputable, great investment potential of these properties. For 5 or 6 years now, there have been tens of thousands of foreign people who have bought properties in Bulgaria – the largest investments coming from the UK, Holland, Russia, Austria, Poland, Germany, the rest of the European countries and even the USA and Japan. There are many examples of foreign people who have already moved to live in Bulgaria. They are young families with children or retired people who wish to start their new lives. All of them started with the same idea, to visit Bulgaria a few years ago and buy a cheap house in an unknown country, to see how things would work out, and to invest their spare money at the same time.


EVERYBODY CAN STILL AFFORD TO BUY A PROPERTY IN BULGARIA – there is a great variety of rural locations, and prices start from just 5,000 or 6,000 Euros (3,500 or 4200 GBP). Houses with land or plots of land for building or resale are the preferred option for people who don’t have a lot of money but wish to buy a property abroad, for young people who cannot climb on the mortgage ladder in their countries of residence, for people who wish to move to live abroad, for people who want to try with a smaller investment, and for people who already own a property in Bulgaria. It is strongly recommended that people, who buy apartments for investment, also buy a rural property to diversify their investment as it will be an additional investment for about one tenth of the amount spent on an apartment.


The prices of rural houses with gardens started from the incredible rate of 1,000 Euros (700 GBP) a few years ago and have increased by 500 to 1,000% being sold for 10,000 Euros (7,000 GBP) or even more at the moment. People who bought properties a few years ago for between 2,000 and 10,000 Euros (1,400 to 7,000 GBP) have now sold them for 15,000 Euros (10,500 GBP) or even up to 50,000 Euros (35,000 GBP) depending on the location and the renovations made, achieving a tremendous return on their investment. This proves that investments in cheap properties are also profitable and they can generate an excellent rate of return. The resale procedure is very simple and straight forward and there are no restrictions to taking money out of the country.


The expectations for huge price increases have appeared to be absolutely correct and it is important to say that it is not too late to invest in properties in Bulgaria – rural properties, land or apartments. The expected returns are of about 15-20% per year or even more. So, together with the option for holiday home or permanent living, buying a rural property for future resale is also very tempting. It is not compulsory to make any renovations to the house except if it is dangerously falling down. It can be kept as it is and resold in a few years.

 

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