Real estate prices in Bulgaria

Property prices in Bulgaria

• Prices for real estate in Bulgaria are determined by the following factors:
• Location: If we are talking about real estate on the coast, the distance from the sea (1,2,3 line or further), the prestige of the region or resort, the proximity to protected areas, the intensity of development in the area, etc., And if we talk about cities, as a rule, in the central part is more expensive and the further away from the center, the lower the prices fall.
• Quality of construction: the materials used, how the property is delivered, with or without finishing, the quality of finishing of common parts - corridors, elevators, stairwells.
• Infrastructure of the area and the object: what amenities there are in the building itself (security, parking, territory, swimming pool, health center, playgrounds, etc.) and what amenities there are nearby (transport links, stores, medical centers, schools, etc.).
• Primary market or not: As a rule when you buy real estate from the developer, the prices are lower during the construction.In recent years in Bulgaria there are many profitable offerings from the secondary market, which are also sold at different prices depending on the condition, location, etc., but in general 20-40% cheaper.

Average  prices  for real estate on the Black Sea coast are:

The coastal territory of Bulgaria can be divided into northern and southern. In the north are the largest sea city of Varna and the adjacent resorts - Albena, Golden Sands, St. Constantine and St. Helena. In the south is Bourgas with its surroundings - the resort of Sunny Beach, the museum town of Nesebar, Pomorie, Sozopol, Tsarevo, Svyatiy Vlas and other small settlements. This division is not only geographical, but also price: real estate on the north coast is more expensive. There are several reasons for this: the "northern" resorts have a long-standing popularity and a few years ago were with the best infrastructure, the last 10 years the South Coast represented by the city of Burgas ahead of the developed in all respects Varna. But still they are located close to Varna - the second largest city in Bulgaria.

Prices for real estate in ski and balneological resorts:

Housing in ski and balneological resorts is of interest to supporters of active winter vacations and people who want to improve their health. The cost of real estate is much lower than in European resorts.
In recent years the construction of modern "closed" residential complexes has started in the popular balneological resorts - Velingrad and Sandanski. The town of Velingrad was recently declared the spa capital of the Balkan Peninsula.
The most popular ski resorts: Borovets, Pamporovo, Bansko.  The cheapest real estate in Bansko. There is also a great choice of real estate in different price categories.

Separate interest may be real estate in Sofia. People who expect to move to Bulgaria for permanent residence in order to find a job or open a business in the Balkans are interested in purchasing housing in the capital. On the outskirts of the capital is the Vitosha mountain, where those living in Sofia in winter go skiing.The average price of real estate in the capital - 1 000 euros per square meter.

The option of housing in the countryside is usually considered by pensioners who want to move from Russia to Bulgaria. Houses in the hinterland are also bought by people for whom a half-hour car ride to the sea is not an obstacle.
Real estate in the Bulgarian province is usually houses in villages and hamlets. The price of such a house depends on the size of the village and the location of the settlement