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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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Buy Cheap Bulgarian 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

Cheap Bulgarian Properties

Until recently the Bulgarian destination used to be described on the Russian market as inexpensive. But today the dream for cheap Bulgaria seems unreal. The word “inexpensive” might be better replaced by “advantageous”.

Given the mad buy-out of different kinds of real estate properties, for the purpose of living, or for letting under rent, with commercial purpose or with the intention to resell in the future, the prices keep rising (for the last 5-6 years in some regional centers they have jumped with 150-200%, and somewhere the rise was as sharp as 350%).

The prices will keep rising now, when the country is already part of the EU. BBC for example recently quoted British analyzers saying that the price of the land in Bulgaria will rise almost 10 times, due to the changes in the Bulgarian legislation made in order to comply with the European requirements and regulations; therefore now would be the best time to buy land.

The increase of the real estate prices for year 2006 reached an average of 8-15%, for year 2007 an estimated 20% is expected.

According the consultancy company Соlliers International the residences in Sofia have not increased dramatically. However some not so well-known locations, which suddenly become known as a resort or balneology center quickly become popular and prices there double or triple in the matter of months.

Despite this the Bulgarian correlation euro per square meter does not appear to be shocking to anyone. According to a recent research by ЕRА Real Estate the prices in Sofia are the lowest among European capitals. A two-bedroom apartment of 85 sq.m. costs approximately 78 thousand euro, while in Berlin it would be 180 thousand euro, in Lisbon - 185 thousand euro, in Vienna - 231 thousand euro, in Madrid – 357 thousand euro and so on.