Bulgaria » Market Report

The property prices in Bulgaria are considerably lower than other countries in Europe. A brand new apartment right on the sea front in a popular holiday town can currently be purchased for around £25,000 GBP with rural properties selling for even less. Buying property in Bulgaria is also a great investment as prices are steadily increasing and are set to go up considerably when Bulgaria joins the EU.

The Bulgarian property market has already made impressive gains in the last couple of years with an average 2003 increase of 23-28%, some areas increasing by 100%.

Bulgaria real estate prices are by far lower than other destinations in Europe but the estimated acceptance of Bulgaria in the European Union provides unprecedented growth potential that will certainly boost the prices of the Bulgaria real estate in the near future. Bulgarian market or real estate is still unexplored and undeveloped to a certain extent, which makes it very attractive and profitable.

Sunny Beach is the biggest and most popular international beach resort in Bulgaria. This is the only popular beach resort in Bulgaria where we have a well developed property market. The reason for this is that there is private land available in the resort where building companies are able to develop apartment buildings and holiday villages. Being extremely popular in UK, Western Europe, Russia and Bulgaria this resort is attracting many holiday makers who would be happy to pay much money to rent a fully fitted apartment for a week or two.

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