Real Estate Articles

It is hard to avoid the topic of Bulgaria property, these days. It seems that you can purchase a spectacular mansion for little more than a month’s salary. But is all of this fact or fiction? Surely the whole thing seems simply too good to be true? Actually, Bulgaria has well and truly earned its reputation as the hidden gem of Europe. Last year alone saw property prices increase by an average of 25 percent, with some of the fastest growing areas seeing rises of over 100 p...

Whenever we think of the perfect holiday destination, Bulgaria seldom pops up in top position on our wish lists. Having said this, the popularity of Bulgaria as a holiday destination has increased dramatically in recent years, due to the wide range of resorts, easy transport links and cheap cost of living. Getting to Bulgaria Transport links to Bulgaria are particularly good. There are four international airports in Bulgaria: Sofia, Plovdiv, Varna and Bourgas, all of wh...

Bulgaria has some of the best skiing in Europe and, as such, the ski resorts are attracting foreign investors at an impressive rate. Bansko and Bovoret are the two main ski resorts in Bulgaria; Bansko being the largest and most famous of the resorts. Between 2001 and 2004, the Bulgarian government has invested over 100 million Euros in the resort, with extra ski facilities such as an extra ski lift and improved transport links. In 2005, Bulgarian ski resorts saw an increas...

Sofia, as Bulgaria’s capital, offers foreign purchasers a wonderful investment opportunity. Many foreigners actually miss the idea of investing in Sofia, in favour of the faster growing costal resorts such as Sunny Beach and the ski resort of Bansko. Last year, however, Sofia saw the greatest property value growth in Bulgaria, showing that there is a great deal of potential in the capital. Sofia is approximately 550 metres above sea level, situated at the bottom of Mount V...

Not the most interesting of subjects, but extremely important nonetheless! Before it is possible to realize the dream of purchasing a property in Bulgaria, it is important to have a good idea of how the purchase will work for you, financially and legally. Issues such as how a property can be funded and what the purchase process is are vital, if you do not want to end up with a nasty shock further down the line. Bulgarian Mortgages When purchasing in Bulgaria, an investo...

There is no denying that some of the real bargains available to purchasers in Bulgaria are properties in need of renovation. Whilst this offers wonderful investment potential for someone looking for a long-term financial gain, there are also numerous issues that need to be considered. Renovating a property is hard work and full of potential pitfalls, even in your home country. When you factor in a foreign workforce, a foreign language and a different set of professional st...

Having invested in a property in Bulgaria, it is more than likely that you will want to look at the most efficient way to rent the property. Property rental in Bulgaria, as with any other country, is generally organised so that the owner can, at the very least, cover the costs of any loans that have been taken to finance the purchase initially. There are many different ways to go about renting property in Bulgaria, all of which should be considered, depending on what you a...

Anyone with any interest in property investment abroad would have been hard pushed not to have heard about the potential growth area of Bulgaria. During the last 12 months, property prices have risen, on average, by around 25 percent. But remember, this is an average and some savvy investors have achieved a gain of 100 percent, in the last year! This is not to say that the market has hit stagnation. On the contrary, Bulgaria has a very rosy future with further gains predic...

There are few purchases in life that carry the financial and psychological weight of buying a home. Whether you are buying your first home, moving up to your dream home, or downsizing your home and your life after the kids have gone, it is important to understand the ground rules for success in the world of buying a home. Making the wrong decision in buying a home can have devastating and long lasting effects, while making a wise decision in home buying can greatly enhance...

Staging you home prior to going on the market is the most important task you can do to ensure top return on your number one investment! Here are a few tips that may help: Exterior Curb Appeal: First impressions are very important! Beautify the outside, especially the front. •Fresh paint •Remove weeds and/or moss and fertilize and patch lawn •Trim and shape shrubbery •Place fresh mulch in flower/shrub beds •Clean gutters and downspouts •Wash all windows •Plant f...