Quest Bulgaria Property Magazine

Where to bag a property bargain if you've only got 50,000 euros (around 40,000 British pounds) to spend? At a time where finances are more and more difficult, not only the cheap prices of Bulgarian property are attractive but the cost of living in Bulgaria enables people to live a lifestyle which they could only dream about.

 

If you have only a small budget you'll still find plenty of property available in Bulgaria, from off plan apartments to large rural family houses with land.

 

Why Bulgaria?

Apart from a wealth of very desirable and very affordable property, Bulgaria is a land of extraordinary beauty with nature and space which is, sadly, increasingly rare in most western European countries.

Four proper seasons with long hot summers, great for the beach or lounging by your pool. Short cold and snowy winters are equally good for ski or simply curling up on the sofa with a good book by the fire. The huge amount of space in the country allows you to live and breathe.

You'll find all modern amenities in the cities, then move into the countryside and discover a slower pace of life where you can get away from everything and live peacefully, start a business or happily retire.

Most people visiting or living in Bulgaria outside the cities, remark upon how friendly the locals are. Those buying a property in a village are likely to be overwhelmed by gifts of homdmade produce from their neighbours. Indeed, it is the rual heart of Bulgaria which offers the real property bargains. If you are looking for truly affordable Bulgarian property, that's the place to go.

All these factors make Bulgaria a good property and lifestyle choice, at a very low price. Particularly, for British buyers who are having to make their pounds go further with unfavourable exchange rates.

If you are not looking to purchase off plan property, be aware that you may have work to do to any resale or rural property and should budget accordingly.

Pros
Really cheap
Your own slice of paradise for next to nothing

Cons
May not be an inside toilet
Renovation can cost more than you think
You may be in a poorer area or isolated

 

Where and what

- ski or sea studio / one bed apartment
- sofia studio apartment
- towns/villages 2 or 3 bed house for modernisation
- isolated large family house with land for modernisation

 

47,000 euros
The property is set in lively village in close proximity to Veliko Turnovo. There is very good road access to it. The house is completely restored offering about 85 sq m living area.

It comprises one bedroom, kitchen, diner, lounge, shower room with toilet, corridor and tavern. The property has 650 sq m garden. It is ready to move in. 5km from Veliko Turnovo.

www.stara-planina.com

 

 

17,500 euros
Fabulous large Revival Style Bulgarian Property in a village near Troyan.This is a very big house, generally houses of this age and style are small and compact. The living accomodation is all set on the first floor at present, providing a large living room with traditional fireplace, three large bedrooms,one smaller bedroom and small storage room. The ground floor is divided into various storage rooms, but can be renovated to give an equal amount of living space as the first floor.

www.bulgarianruraldwellings.com

 

30,990 euros
Want to operate a business or just a huge family home? This attractive investment property has a total floor area of 180m2 and is set in sizeable gardens of 2,200m2. The accommodation was used in the past as public baths and comprises a capacious basement with a height of 3m with two hallways, six large rooms, four storage spaces and a bathroom. An internal stairway leads to the ground floor, which is of a similar layout. Excellent opportunity for commercial development into a leisure complex or hotel.

www.bulgarianrealestateonline.com