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For Sale Real Estate in Borovo

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Real Estate in Borovo

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🇧🇬 Borovo, Burgas region property market: houses, plots and price trends

Borovo sits on the southern rim of the Burgas region as a compact coastal community that blends quiet village life with easy access to the Black Sea corridor. Buyers find short commutes to Burgas city, convenient links to Burgas Airport and the coastal resorts of Pomorie and Nessebar, and a market where both holiday homes and investment property in Borovo are realistically priced compared with prime resort towns. The lifestyle here combines mild Mediterranean-influenced climate, long sandy beaches a short drive away, and a slower pace attractive to families, retirees, and investors seeking rental yield.

🏙️ City overview and lifestyle in Borovo and Burgas region

Borovo lies within the orbit of Burgas, Bulgaria’s significant Black Sea hub, offering a blend of rural calm and urban access. Roads connect Borovo to Burgas city center and the coastal strip, allowing residents to use Burgas’s Sea Garden (Morska gradina), cultural venues, and medical facilities without long travel.
Borovo’s climate is maritime-moderate with hot, dry summers and mild winters; the nearby beaches at Pomorie and Sunny Beach shape a strong tourism season that underpins rental income potential.
Borovo attracts buyers who want quieter neighbourhoods than central Burgas but who still need access to ports, airports and regional services, making it suitable for permanent residence and short-term rental strategies.

💶 Property prices in Borovo and nearby market overview

Property in Borovo generally shows lower entry prices than Burgas city or primary resorts, with apartment prices typically ranging from €400 to €1,200 per m² depending on location and finish.
Villas and houses in and around Borovo appear in price bands from €80,000 to €350,000 for standard family homes; premium sea-view villas command higher figures when available.
Market segmentation: resale property in Borovo is dominant at lower price tiers, while new developments in Borovo and off-plan property in coastal Burgas suburbs push mid-market prices upward.

  • Typical prices by district and type (indicative)
    • Apartments central Borovo: €500–€900 / m²
    • Apartments near sea or resort access: €700–€1,200 / m²
    • Villas / houses: €80,000–€350,000
    • Commercial units / small retail: €600–€1,500 / m²

🎯 Which district of Borovo to choose for buying property in Borovo

Central Borovo (local centre) offers the best access to shops, local schools and public transport; it is suited for families seeking everyday convenience.
Seafront and east-side pockets nearest the coastal road are preferred by short-stay holiday renters and buyers seeking higher rental yields and easier access to beaches.
Perimeter and agricultural-adjacent zones near hills or small groves favor buyers after larger plots, privacy and potential for renovations or villa projects.

  • Neighborhoods and buyer profiles
    • Central Borovo — families, long-stay renters, resale buyers
    • Borovo near seafront — holiday rentals, second-home buyers
    • Outer Borovo / plots — investors, developers seeking land

🚗 Transport and connectivity to Borovo and Burgas

Borovo is within practical driving distance of Burgas city and Burgas Airport (BOJ), with typical travel times ranging from 15 to 40 minutes depending on exact location and traffic.
Road access connects to the coastal E87 corridor that links Burgas with Pomorie, Nessebar and Sunny Beach, enabling straightforward transfers to major resort markets and ferry terminals.
Public transport options include regional bus routes serving Burgas and intercity destinations; Burgas central bus and rail hubs then connect to Sofia and the national network.

  • Key transport facts
    • Distance to Burgas city center: typically 10–25 km
    • Distance to Burgas Airport: typically 15–35 km
    • Main connections: E87 coastal road, regional bus services

🏥 Urban infrastructure and amenities near Borovo

Residents of Borovo use Burgas’s established facilities: Burgas Free University and the University of Burgas (Prof. Dr. Assen Zlatarov) provide higher-education options within commuting distance.
Healthcare access is supported by Burgas hospitals and specialist clinics in Burgas city, while local medical practices and pharmacies serve everyday needs in Borovo.
For shopping and leisure, malls and supermarkets in Burgas, plus the Sea Garden, municipal beaches and local sports facilities, support year-round living and seasonal tourism.

  • Nearby amenities and institutions
    • Burgas Free University and regional colleges
    • Burgas Port and passenger ferry terminals
    • Supermarkets, retail parks and cultural venues in Burgas

💼 Economic environment and city development affecting real estate in Borovo

Borovo benefits indirectly from Burgas’s diversified economy: port activity, logistics, light industry, and tourism drive local employment and demand for rental housing.
Tourism along the Burgas coast produces seasonal peaks in occupancy and strong short-term rental returns in areas close to beaches and resorts.
Municipal investment in coastal infrastructure, improved road links and airport connectivity continues to underpin demand for investment property in Borovo and neighbouring towns.

  • Economic anchors and growth drivers
    • Port of Burgas — cargo and shipping services
    • Tourism and hospitality along the Black Sea coast
    • Regional logistics and small manufacturing hubs

🏘️ Property formats and housing types available in Borovo

Buyers will find a mix of resale apartments, single-family houses, and smaller-scale new developments in and around Borovo; new builds concentrate on lower-rise blocks rather than high-rise towers.
Off-plan property in Borovo is periodically offered by local developers and national builders operating on the Burgas coast; these projects commonly provide staged payments and finishes to attract foreign buyers.
Resale property often provides better initial yields for investors looking to rent immediately, while new developments appeal to buyers wanting modern specifications and warranties.

  • Common property categories
    • Resale apartments — immediate occupancy, varied finishes
    • New build property in Borovo — modern specs, off-plan options
    • Houses and villas — private plots, renovation potential

🧱 Developers and key residential projects near Borovo

Regional and national developers active in the Burgas region include recognized names such as Dinevi Group and Etap Adres, both visible along the Black Sea coast and in larger Burgas projects.
Local construction firms and established agencies such as Bulgarian Properties and Address Real Estate handle listings for resale property and new developments, offering market knowledge and buyer support.
Project features commonly include secure compounds, energy-efficient construction, and proximity to the coast; buyers should seek developer guarantees, title clarity and past-project references.

  • Notable market participants
    • Developers: Dinevi Group, Etap Adres
    • Agencies: Bulgarian Properties, Address Real Estate
    • Project types: low-rise residential blocks, gated mini-complexes, villa plots

💳 Mortgage, financing and installment options for buying property in Borovo

Banks in Bulgaria offer mortgage products to foreign buyers, typically with a down payment of 30–40% for non-residents and LTV ratios commonly 60–70% depending on the lender and buyer profile.
Typical loan terms range up to 25–30 years, and rates depend on borrower nationality, income documentation, and current market pricing — many buyers combine bank finance with developer installment plans.
Developers selling new build property in Borovo regularly offer staged payments or off-plan installment plans with deposits from 5–30% and balance payments on completion or in construction phases.

  • Financing options available
    • Bank mortgage — down payment 30–40% for foreigners
    • Developer installment plan — deposit 5–30%
    • Mixed financing — part bank loan, part developer financing

🧾 Property purchase process for foreigners buying in Borovo

The standard property purchase process starts with due diligence, reservation agreement and a deposit (commonly 5–10%), followed by a preliminary contract and final notary deed at a Bulgarian notary public.
Buyers should commission a title search, building permits check and, where appropriate, a survey; an English-speaking local lawyer is recommended to verify documentation and tax implications.
Payment methods include bank transfers to an escrow-style account or direct payments to developer accounts, and registration at the Bulgarian Registry Agency finalises ownership with the property folio.

  • Typical steps and fees
    • Reservation and deposit 5–10%
    • Notary deed and registration at Registry Agency
    • Additional fees: notary, registration, legal due diligence

⚖️ Legal aspects and residence options when you buy property in Borovo

EU and EEA citizens enjoy the right to buy property in Bulgaria under the same rules as locals, with straightforward ownership registration and title transfer.
Non-EU nationals can buy apartments outright; buying land may require a Bulgarian-registered company structure — legal advice is essential before committing to a land purchase.
Owning property does not automatically give a residence permit, although buyers can apply for long-term visas or residence permits under separate immigration rules that depend on personal circumstances and investment size.

  • Key legal points
    • EU buyers: same rights as Bulgarian citizens
    • Non-EU buyers: apartment ownership allowed; land often via company
    • Taxes: municipal property tax, notary and registration fees apply

📈 Property use cases and investment strategies for Borovo

For permanent residence: Central Borovo apartments and family houses are ideal for year-round living, near schools and local shops.
For long-term rental: Apartments in central Borovo and nearby Burgas suburbs attract local tenants working in logistics, education and services.
For short-term holiday rental and ROI: Seafront pockets and locations with easy beach access are most suitable; short-term renters value proximity to Pomorie, Nessebar and Burgas beaches.

  • Use-case mapping by district and property type
    • Permanent residence — Central Borovo, 2–3 bedroom apartments, houses
    • Long-term rental — commuter zones, modest apartments 45–90 m²
    • Short-term rental / holiday lets — sea-adjacent apartments and small villas
    • Investment property in Borovo for capital growth — plots and off-plan with local developer payment plans

Owning property in Borovo provides a pragmatic entry to the Burgas coast market whether the priority is a quiet second home, rental income or longer-term capital growth, and practical financing, developers and regional infrastructure make buying property in Borovo an accessible option for international buyers looking to diversify into Bulgarian real estate.

Frequently Asked Questions

What are property prices in Borovo?

Resale apartments in Borovo commonly list at $350–$700/m² (≈ BGN 650–1,300/m²). Renovated or sea‑view units command $600–$1,100/m² (≈ BGN 1,110–2,035/m²). Small standalone houses range $20,000–$90,000 (BGN ≈35k–160k). Village plots/land often sell for $1,500–$6,000 per 1,000 m² (≈ BGN 2,800–11,100). Prices vary by condition, proximity to Burgas/coast and utilities.

Can foreigners buy real estate in Borovo?

EU citizens may buy buildings and land with the same rights as locals. Non‑EU buyers can freely buy apartments and houses but face limits on agricultural land—often requiring a Bulgarian company to acquire land plots. All purchases require notarised contracts and registration in the local land registry; ID, tax number and a local bank account are typically needed.

Is investing in Borovo real estate a good choice?

Borovo suits low‑cost investments: expect long‑term gross yields ~3–6% for rentals; short‑term or seasonal lets near the coast can push 6–9% in peak months. Liquidity is lower than Burgas city—sales often take 3–9 months. Returns depend on proximity to transport, seaside access and property condition; budget for renovation to improve rentability.

What is living and relocation like in Borovo?

Borovo offers small‑town living with basic shops, local healthcare clinics and primary schooling nearby; full hospital services are in Burgas (30–60 min). Public transport exists but is less frequent than in cities. Expect quieter pace, lower living costs, and reliance on a car for commuting and larger services.

Is Borovo suitable for digital nomads or remote work?

Borovo can work for remote workers if you prioritise low cost and quiet life. Fixed broadband is available in many parts; mobile 4G coverage is common. Co‑working options are limited—expect to work from home or a café. For fast fibre and international flight access, proximity to Burgas is helpful.

What taxes and transaction costs in Borovo should I expect?

Typical costs: municipal transfer tax ~2% of purchase price, notary and registry fees about 0.5–1.5% combined, and legal fees 1–2% if used. VAT (20%) can apply on new builds sold by VAT‑registered sellers. Annual property tax and municipal fees vary; budget roughly 0.1–0.5% of tax value plus waste fees ($50–$200/year). Declare rental income for taxation.

Which Borovo areas are best for renting or living?

For long‑term living, the village centre offers shops and services. Outskirts and properties near the main road are cheaper and better if you need a larger plot or car access. If you want seasonal tourist demand, look for properties nearer the Burgas‑coast corridor or commuter routes toward resort towns for higher short‑term occupancy.

Are short‑term rentals allowed in Borovo?

Short‑term rentals are generally permitted but require compliance: register the property with local authorities as tourist accommodation if needed, collect any municipal tourist tax, and declare income for taxation. Demand is seasonal—stronger in summer near the coast—so expect occupancy fluctuations and local rules that vary by municipality.

What are risks of buying off‑plan in Borovo?

Off‑plan risks: construction delays, insolvency, permit changes and discrepancies between specs and delivery. Protections: insist on a notarised contract with clear delivery dates, penalty clauses, proof of permits and escrow/guarantee arrangements where available. Factor in added VAT on new builds and allow 6–18 months contingency for completion.

How long does a property purchase take in Borovo?

Typical timeline: offer and negotiation 1–4 weeks, due diligence and preliminary checks 1–3 weeks, signing notary deed and payment 1–2 weeks, then registration in the Land Registry 2–6 weeks. If you use a mortgage, add 4–8 weeks for bank appraisal and approval. Total commonly 30–90 days depending on financing and paperwork.

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