Real estate investment in Bulgaria: where and how to invest in 2023?

Bulgaria- a country with its own history. It is located among the Balkan Mountains with a mild climate and healing springs. The country is famous for its ski and Black Sea resorts and nature. The varied relief does not leave any tourist indifferent. The Black Sea coast and clean sandy beaches attract vacationers from all countries.Investing in real estate in Bulgaria- a great idea that allows investors to increase their annual income. Investments can be made in both residential and non-residential properties.

Who buys real estate

Apartments in the sunny country are popular among Bulgarians and foreigners. Many buyers believe that investment is about saving money or earning passive income by renting out the premises.

In recent years, more than 60% of profitable and successful real estate transactions have been made. Residential buildings and complexes are popular. Depositors invest their savings in real estate, considering such investments more reliable than bank deposits.

What are the prospects for investment?

When investing the funds, the following objectives are pursued and it is recommended to pay attention to them:

Saving money;
Rental of residential and commercial properties;
The apartment is for your own vacation;
Apartments for permanent residence.

When buying an apartment for a family vacation, the preferences of buyers are taken into account.

Sale flat in Saint Vlas with sea view 67 297,00 $

Bulgaria,Saint Vlas

2 Bedrooms

71 м²

Sale flat in Elenite with sea view 25 695,00 $

Bulgaria,Elenite

1 Bedroom

36 м²

Sale flat in Lagos 36 429,00 $

Bulgaria,Lagos

2 Bedrooms

65 м²

Sale flat in Sunny Beach 44 483,00 $

Bulgaria,Sunny Beach

1 Bedroom

40 м²

Sale flat in Sunny Beach 90 657,00 $

Bulgaria,Sunny Beach

2 Bedrooms

73 м²

Sale flat in Sunny Beach 42 825,00 $

Bulgaria,Sunny Beach

2 Bedrooms

69 м²

Quiet measured vacation among nature will be in the rural type towns: St. Constantine and Helena.
People who prefer entertainment will feel comfortable in Sunny Beach, Burgas, Varna, St. Vlas.

For permanent residencereal estate experts recommend buying properties in cities with developed infrastructure: Pomorie, Burgas, Sofia, Varna. They have everything you need for a full and comfortable life.
For rentreal estate agents recommend buying premises in towns with Black Sea ski resorts: Elenite, Sveti Vlas.
For summer vacationsuits Sunny Beach.

Investments in commercial real estate in Bulgaria

Investments in commercial real estate give you the opportunity to increase your profits through passive income. Commercial objects are more expensive than residential apartments. How quickly the premises will pay off depends on some nuances that should be taken into account when choosing an object:

price;
room location;
liquidity.

Investment in commercial real estate in Bulgaria -good ideafor entrepreneurs. A business starts with finding a suitable premises in which it will be comfortable to work. The economic growth of the country gives an opportunity to develop commerce, thereforereal estate investmentsare considered promising and profitable.
Stable income from leasing commercial premises allows the owners of such properties to earn passively.