The search for affordable housing in the EU-countries has not lost its relevance. The markets of the Old-World countries are actively monitored by buyers from all corners of the world. If earlier more and more real estate investors chose the countries of Western Europe, then today most of them pay attention to such countries as Bulgaria.
For investors, the query of where to find affordable homes in Bulgaria has become one of the most standard ones. Many already know the potential of Bulgaria in real estate and consider it for investment very tightly.
But some have not discovered the charms of this country and can simply look for cheap houses for sale in Bulgaria through agencies level Bulgarianresales. For them to see in this country opportunities for realization is worth comparing the Bulgarian real estate market with similar industries in the rest of Europe.
Trends in the Bulgarian real estate market
As in many other countries in Bulgaria, there is a division into types of properties available at different price points. Housing away from major cities, the sea, and mountainous areas will be cheaper. The most expensive places to live will be Sofia, Varna, Plovdiv, and Burgas. These are the largest cities with good infrastructure.
Since housing prices in the country are among the lowest compared to Europe, then:
- demand for real estate is increasing;
- there are more offers;
- there is regular construction of new residential complexes.
This market is actively developing. The growth rate of the real estate market is much higher than in other EU-countries. And this growth continues steadily. Therefore, if you have not yet thought about buying real estate in Bulgaria, it is worth dealing with this issue.
Comparison of real estate in Bulgaria and other EU countries
By comparing average property prices in Bulgaria vs. other European countries buyers can see that this market continues to grow, but with less intensity. Nevertheless, investing in Bulgarian real estate is still a profitable move. This can be understood by analyzing the cost per square meter in other countries. If in Bulgaria it is up to 1400 Euros, then:
- in Austria from 3300 Euros;
- in Belgium from 3000 Euros;
- in Hungary from 2500 Euros;
- in Denmark from 2400 Euros.
As you can see, the difference is quite significant. The price of real estate in the country continues to rise. Especially if through Bulgarianresales level agencies to buy sunny beach apartments in small towns where the cost per square meter is lower than in Sofia or Varna. This means that you just need to find someone who will help you buy real estate in Bulgaria.
Who will help you find a property to buy in Bulgaria
Experienced investors see the potential for property investment in Bulgaria and are ready to invest their money in this market. But looking for the right Bulgaria real estate by yourself is quite time-consuming and Bulgarianresales is ready to help in solving this issue.
Already at the first consultation, we will provide a wide selection of apartments and houses in different parts of Bulgaria based on your preferences and budget. We will help you to draw up all the documents correctly and in the shortest possible time, you will be able to finalize the deal and enjoy your vacation in your apartment. You can also rent it out and get passive income from your investment. All you need is to contact our specialists in any convenient way for you.
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