Bulgarian real estate has been already in big demand among Russian customers for a long time. How can this be explained? Elite apartments for sale to foreigners are built in Bulgarian famous resorts such as Golden Sands, Sunny Beach, St.Vlas, St.Constantine and Elena.
Old communist-era hotels located on the sea shore are reconstructed with the usage of modern materials and technologies. Upon arrival in Golden Sands, a foreign investor can chose where to stay: the hotel or his own apartments. Of course many of them chose the second variant! And this is obvious: the price for flats in resort area is about 1300 - 1800 euro/sq.m! Also it is a great financial investment. And the differences of prices play an important role in making decisions about acquisition of real estate in Bulgaria. For instance, in Moscow a usual flat on the 1-2 floor without any extras costs about 3500 $/sq.m. In Khabarovsk the price will be 2500 $/sq.m. There is nothing to think about, that is why people invest the part of their funds in foreign real estate! And if to take into account that this property is guarded, cared, and constantly growing in price - this is just a dream! There is no one who doesn’t want to arrange a family rest in warm European country. Taking rest in Bulgaria in your own apartments with picturesque view of the sea brings great joy. Of course, it is recommended to select an agency, able to provide you with all complex of services, that is simply necessary for a foreign customer who wish to acquire real estate in Bulgaria.
So, what do Russians buy in Bulgaria? First: it is two-room flats located in resort areas near Varna, with sea sceneries. The price for such apartments reaches now about 1500 euro/sq.m. ‘Golden Sands’ resort now offers several ready-made complexes, as well as buildings under construction with ability of payment credit for up to 2 years. ‘St. Constantine and Elena’ resort is favorite place of rest among Russians. Here the flats are offered with price starting from 1600 euro/sq.m with incredible views of sea, finishing and even furniture! Balchik resort city is the place for beneficial investing. Complexes located on the first shore line are mostly in demand. These are ‘Marina’, ‘White Lagoon’ and others. Varna - Marine Park is an ideal place for making investments and taking rest both in winter and summer! Comfy apartments with sceneries around, full finishing, road to the beach. All this is ‘Maritime’ complex.
Many Russians can’t imagine the rest without their own garden and pool for private use. Of course they choose gorgeous villas at affordable prices near Albena resort! Villa 165 sq.m, 2-floors, own garden (100 sq.m), barbeque, parking for auto, inner finishing: completed, the in-built kitchen, PVC windows, beautiful scenery. It is only 3 km to the beach. The price is 150 000 euro! Such villas are in big demand among Russians. During the latest time close-type villages became popular! In such villages the price for villa is not more than 100 000 euro! Here you can enjoy the rest during the summertime.
As for the big, splendid and expensive villas in holiday villages of Varna, Trakata and Evksinograd, - a long time has passed since it was possible to acquire a house for 200 - 250 000 euro in a good place. Unfortunately, the price for elite villas now reaches 1 500 000 - 2 000 000 euro! That is why making investments into cottages near resorts stays the most profitable.
‘Sunny Beach’ resort is 110 km far from Varna doesn’t bring profits from bought apartments, because the selling price reaches nearly 1500 euro/sq.m! And the distance from the sea is far from the figure specified in advertisement. Yes, of course there are some complexes that cost no more than 700 euro/sq.m. It is a beneficial venture that will bring profit in future. Mostly ‘Sunny Beach’ offers ‘hostels’ in 10 km far from the sea for Russians who buy apartments from the backwoods, not coming here.
While Nesebr historical city is a wonderful place for rest and buying apartments! The price for apartments with panorama, full finishing and furniture is 1000 euro/ sq.m!
Summarizing the article, we want to say: buy the real estate that will bring the profit! Don’t believe blindly the advertisement placed along the roads! Use the help of professionals and they will always help you to make a right choice.
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