Real estate market in Bulgaria is a wide opportunity to choose inexpensive housing. The greatest demand is apartments located near ski resorts and the coastal zone. The construction business in Bulgaria is actively developing. Increased demand of investors from Europe led to the filling of the real estate market by apartments built specifically for foreign owners.
What is the reason for such popularity?
Bulgaria is located on the Black Sea shore. Half of the state border – water. The special pride of Bulgaria is the beautiful sandy coast. The mass of historical attractions gives the charm and mystery to this country. Climate softness creates comfortable living conditions. The beauty and variety of Bulgaria landscape amazes with its attractiveness. There are practically no cultural differences between our countries.
You can buy Bulgaria real estate by the sea with an installment plan. This will increase the cost slightly, but will significantly expand the possibility of buying. The tax content of real estate in Bulgaria is the lowest in Europe. Taxes will easily pay off if you rent housing.
The choice of real estate abroad is an important step. Responsible preparation for the acquisition of this type of real estate will be a large investment. Experts advise paying attention to several points so that such a purchase does not disappoint you.
Select the most suitable area of future housing. Learn about the features of the climate in this area, is it possible to rent your property. Specify whether the real estate market is developing in this area, is there a demand for housing in a given area. Subject to the number of empty apartments, it will be quite problematic to find the tenant;
Decide on the budget and study all possible offers. Calculate the budget not only for a direct purchase, but also for additional expenses, for example, compulsory housing insurance. If you do not plan to constantly live in Bulgaria, and lease real estate, it must be borne in mind that the money received in this way will not be enough to pay a mortgage loan.