Introduction

The vast majority of property in Bulgaria being sold to other European investors is being used in the lucrative ‘buy-to-let’ market. The three west European countries investing most money in Bulgaria at present are: Austria, the UK and Holland; and with the Bulgarian property prices being so attractive a large portion of those investments are in Bulgarian properties. To date only a few people are buying into Bulgaria property and thinking in terms of making their purchase a permanent residence. With so many locations in Bulgaria with property available for sale, a far more common approach is to buy a property in Bulgaria with an eye to a long-term investment via the ‘buy-to-let’ market.

Why consider a ‘buy-to-let’ property in Bulgaria?

The answer to that is quite simple; in terms of Bulgarian property the ‘bangs per buck’ you get, as the Americans would say, equates to Bulgarian properties giving you an awful lot of value for your money. Whilst only being a very rough guide, like any other country property prices will vary according to where you’re buying, the idea of buying a 2 or 3 bedroom holiday property in Bulgaria for well under €100,000 has to be appealing. Do bear in mind as well that, at that price the property would be fully finished and fitted. The number of Bulgarian properties you could buy for substantially less than that, but are in need of some ‘attention’ for anyone minded to take on a project, would be attractive to anyone with a property developers capability . Building materials are still cheap compared to prices in other EU countries, which helps to make the idea of becoming involved in a Bulgaria property development opportunity even more attractive.

What’s fueling the interest in Bulgarian property?

With a Mediterranean style climate in the summer and a Continental one in the winter; tourism in Bulgaria is positively booming. Fantastic beach weather in the summer and great skiing opportunities in the winter make ‘buy-to-let’ property in Bulgaria highly desirable for use as holiday accommodation. Whilst Bulgaria has been a popular holiday destination for many years, when the country attained full EU membership in 2007 - the Bulgaria property markets really opened up to outside investment. So, whether you’re looking to buy a sunny beach property or a rural Bulgarian property - now is the time to make your investment.