Bulgarian property has seen significant falls in its value over the last few years. While that means it might not be the best choice of market for investors needing quick returns, it could be the perfect place to pick up a cheap piece of property. The cost of living is incredibly low too. Whether you’re after the beach life, mountain views or city culture, you’ll find it in Bulgaria. Wherever you buy, make sure you remember to get overseas property insurance in place once you have, to keep your property safe.
Head to Bulgaria’s Black Sea coast for great value resorts in the sun. Sunny Beach is a fantastic family resort. It has a 6 km long beach and plenty of shops, bars and restaurants, built around a historic centre. Ozbor Beach and Golden Sands are similar, and there are plenty of smaller resorts too. If you want a more Bulgarian beach experience, the coastal towns further north tend to be the quieter ones. Or head a few kilometres back from the beach and buy in one of the hilltop villages.
Bulgaria is a fast-growing ski destination, and the cheapest place in the world for British skiers to ski, once all costs including flights are taken into account. Its two major resorts are Bansko and Borovets, both of which have plenty of property available and are growing year-on-year. Both resorts have a summer season too – Bansko hosts a renowned jazz festival each year, for example.
Bulgaria’s cities are well worth considering too. The capital Sofia has a fascinating historic centre, a lively nightlife and a combination of eastern and western European culture. The city of Plodiv is built on seven hills, like Rome, and has its own Roman architecture too. It is also a thriving modern city with a busy cafe culture. If you want to combine the city with the beach, look at the Bourgas or the university city of Varna.