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Buying Property in Plovdiv

In terms of real estate, Plovdiv is expected to achieve double digit increases in 2008. It currently ranks just behind Sofia in second place in the number of property deals that took place in 2007. Plovdiv experienced around 20,000 sales in 2007 compared to 18,000 in Varna, which used to hold the number two slot.

The city of Plovdiv, the second largest city in Bulgaria, is a key economic, transport, cultural and educational centre for the whole country. Future developments include the construction of a business park worth over 64 million euros, which will be built by the investment company Prime Property BG. The park will be sited in one of the city’s most densely populated districts – Trakya on 48,600 sq. m. of land.

Plovdiv is ideal for those seeking to live in a vibrant city or wanting to buy for investment / renting purposes. All facilities are on hand in this beautiful city stooped in ancient history set on the banks of the Maritsa River.

 

Foros real estate agency reported that property prices have increased by an impressive 61% in the city centre compared to the same area in 2006. Downtown rental sales have increased by 18% compared to rises in Sofia and Varna, which only experienced 5% increases.

Average house prices for the region are still relatively cheap at only 37,700 euros. Quest Bulgaria takes a look at what you can get for your money in and around Plovdiv.

City Centre Pads
A ‘pied-a-terre’ close to the historic sites and bustling city centre of Plovdiv is easily achievable with some real bargains in a variety of exciting locations are to be had.

A lovely apartment situated close to the Old Town, could be yours for 78,000 euros and Bulgarian mortgage facilities are available for this property. Set on the fourth floor in an attractive four-storey building, this property offers a total living area of 54 sq. m. and a basement storage of 4 sq. m. The living area is agreeably distributed between a kitchen, a living room, and one bedroom, a bathroom/WC and two balconies. Appealing terracotta tiles line the floor and all of the windows are made of UPVC. A furniture package is included in the price with a fridge, washing machine, two air-conditioning units and a TV. The property ihas the bonus of cable TV. Great rental potential after a little refreshment.
www.bulgarianproperties.com

This appealing and spacious two-bedroom apartment is situated in a smart quarter of the city only 15 minutes walking distance from the centre. It is located on the second floor of a five-storey residence and offers 85 sq. m. of living area.

Bright and spacious open plan living room with a kitchen, two bedrooms, a toilet, bathroom/WC and one balcony. Central heating, cable TV, and an internet connection. The neighborhood offers all modern facilities and one of the best hotels in the city as well as the Plovdiv International Fair are located close by. This apartment would be ideal for rental or personal living. The apartment is on the market for 95,000 euros.
www.bulgarianproperties.com


Transport links to and from the city are excellent with the motorway direct from Sofia. Three rail and bus terminals in the city link all over Bulgaria and on to neighbouring countries. Plovdiv city itself has an efficient public transport system and also its own airport on the outskirts.

The airport is grossly under utilised with only charter flights throughout the winter season.

Increasing interest from low cost airlines indicates this situation is likely to change and plans for expansion of the airport are afoot.

 

Rural retreats
Plovdiv is surrounded by wonderful scenery and plenty of historic sites. If you would like all of the advantages of living close to the city but still yearn for a more rural lifestyle then a rural retreat could be right up your street.

This is a brand new two-storey home in the village of Gornoslav, a 20 minute drive away from Plovdiv and only 55 minutes drive from Pamporovo ski resort. The area of Gornoslav village is quiet, ecologically clean and very beautiful and is well-known as one of the best fishing areas in the country.

The property covers 70 sq. m. and benefits from large courtyard with a total area of 500 sq. m. – big enough for a swimming pool! On the ground floor there is a large living room, dining room, kitchenette, two bedrooms and a bathroom with WC. A panoramic terrace with impressive views of the Thracian Lowlands leads directly off from the living room. Outdoors there is an underground basement and an area suitable for a BBQ. The villa benefits from all communications including electricity, water and sewerage and is surrounded by an attractive fence. 75,000 euros.
www.property-plovdiv.com


For a bit of luxury and style, why not take a look at this beautiful house built in a traditional National Revival style. The house is only 25 km from the centre in the Bachkovo village – home to the famous monastery. The village is surrounded by picturesque views of rivers, forests and mountains. For sale at 185,000 euros, the main feature of the property is its landscaped terraced garden, which is surrounded by a stone wall with a BBQ and is 470 sq. m. in size.

 

The actual living area is a generous 147 sq. m. spread over two floors and connected by an inner staircase. The first floor consists of a spacious living room with a fireplace, kitchen and WC, whilst the second floor includes three bedrooms, a bathroom and toilet. The property is energy-efficient with good insulation and double glazing.
www.property.bg