Property for sale in all regions of Bulgaria
Property for
sale in Bulgaria News
News 25 April 2006
Property investors driving Bulgaria's economy.
Investment in Bulgaria property
is becoming an increasingly attractive prospect for property enthusiasts
from the UK - and EU accession in the next couple of years is likely to
boost this still further.
Property prices have been rising steadily for a number of years now as Bulgaria
widens its appeal to a broader cross-section of the investment community.
With the ski resorts including Bansko
and Borovets improving
annually and the Black Sea resorts also building up an impressive tourist
industry, there is certainly a lot to look forward to in Bulgaria.
The Sofia Echo has today referred to reports in both the Dnevnik newspaper
and the Wall Street Journal, both of which point to a significant rise in
demand for properties in Bulgaria
and in central and eastern Europe in general.
Bulgaria, the Czech Republic,
Poland, Romania, Russia and Slovakia collectively brought in €5.8 billion
through property deals last year, according to the report. This is thought
to have represented a 38 per cent increase on the investment figure for
2004.
Writing for the Independent recently, journalist Robert Nurden remarked
that thousands of Britons had now "seen beyond the cliches" associated
with Bulgaria and were investing
their money in the property market.
Mr Nurden went on to describe the sheer variety of investment opportunities
in the country, with the capital city of Sofia one of the most notable.
He suggests that the property boom has now reached the centre of Sofia,
with locals also actively contributing to the market.
Bansko was also mentioned
in his article, with the gondola from the town to the pistes rated as "second
to none".
Bulgaria, largely on the basis
of the potential that many see in its real estate market, is often referred
to as the new Spain. It is a comparison that will be tested when Bulgaria
gains EU accession, as this progression proved vital for Spain as property
prices began to soar.
According to Mr Nurden, the parallel can apply specifically to Sunny Beach,
which he suggests could feasibly become the new Costa del Sol. While Bulgaria
has a long way to go before this could be considered an accurate description,
the potential for growth has certainly encouraged many and the extent of
the investment around the Black Sea regions is testament to this.
Property is generally extremely cheap
in Bulgaria which is of course one of the key reasons that investors
have taken such a keen interest.
Referring to data from imoti.net, however, the Sofia
Echo has indicated that a number of key areas have already risen considerably
in price.
Sofia's Ivan Vazov district is thought to be leading the way, with apartments
in the area now more than €1,000 per square metre. The article points
to the vicinity of medical and education centres as a key contributory factor,
while Darik radio is reported as saying that the nearby Southern Park is
also having an effect.
Experts suggest that property investment will continue to have a significant
impact on Bulgaria's development in the next few years, but EU accession
will clearly be central to the extent of the progress. With a diverse range
of properties available, investors considering Bulgaria
as an option are advised to seek expert advice before committing.
600,000 Brits own second home.
Ownership of second homes has soared to record levels, it was revealed yesterday.
There are as many as 350,000 in England, according to a survey. And there
are another 260,000 second homes abroad owned by Britons.
The total of around 600,000 is the equivalent of more than the population
of Sheffield owning a home in the South Yorkshire city and another elsewhere.
There are now some local authorities in England where one in three homes
are second homes, used only at weekends and holidays.
In North Norfolk, towns such as Burnham Overy and Brancaster have proved
to be a magnet for those looking for the perfect rural retreat by the coast.
Research by the upmarket estate agency Savills estimates that there are
up to 350,000 second homes in England.
This is more than 100,000 higher than government figures but Savills is
sceptical of the fact that many local authorities say they do not have a
single second home- owner inside their boundaries.
Official figures also show that a further 260,000 have a second home overseas,
with Spain and France among the most popular locations.
Even allowing for the small number of owners who have extra property both
here and abroad, there are least 600,000 households who can call two places
their home. Yolande Barnes, director of research at Savills, said: 'Second
homes fall neatly into three main categories - the weekend retreat, the
holiday home and the city pad.'
The research found that buyers are most likely to be in their forties with
a professional career such as the law or medicine, or they are working in
the financial services industry
At this age, many have a home in London, Manchester or Birmingham where
they live during the working week while their family lives in a larger home
in the countryside. Others have their main home in the city, but spend their
weekends, holidays and Christmas and Easter breaks at a bolt hole in the
country.
About one in four second homes are in the South-West, which includes the
popular counties of Cornwall, Devon and Dorset, according to researchers
working for the Office of the Deputy Prime Minister. They buy in their forties
because they are starting to think about retirement and how they would like
to spend it.
Savills identifies the Kent coast as the next hotspot for second home ownership
in England because prices are relatively low and there are plans for a highspeed
rail link into London
Among the buyers abroad, nearly 70,000 - about one in four of the total
number of second-home owners - have a property
in Spain. They may not want to retire overseas completely, but would
like to spend at least six months, usually during the winter, in a sunnier
climate.
Mortgage lending soars in March.
The UK property market appears to be in buoyant form with news that underlying
mortgage lending increased by its biggest amount in almost two years during
March.
The British Bankers' Association (BBA) has found that underlying mortgage
lending rose by £5.4 billion in the month, which is the largest increase
since June 2004 at the peak of that particular boom.
In February, the rise was only £4.7 billion and the average during
the preceding six months was £4.9 billion, leading analysts to suggest
that the market is set for a sustained period of growth.
Good news for property investment in the UK, the announcement also banishes
doubts that the market is slowing, with homebuyers now more confident than
ever about making a purchase.
At the same time, the BBA indicated that unsecured personal lending fell
by £0.4 billion, against an average rise of £0.5 billion during
the previous six months. Loans and overdrafts fell by just over £0.1
billion, while credit card borrowing fell by £0.2 billion compared
to an average increase of £0.2 billion in the preceding six months.
David Dooks, director of statistics for the BBA, remarked: "The contrast
between stronger mortgage lending and net repayments of unsecured borrowing
suggests that individuals are optimistic about the housing market, though
careful about card borrowing, overdrafts or taking on personal loans."
Meanwhile, the Council of Mortgage Lenders last week pointed out that gross
mortgage lending reached £28.3 billion in March, which is the highest
figure for the month since records began in the mid 1970s.
It is clear that confidence has firmly returned to the UK property market
and most experts now predict that prices will rise steadily throughout the
year.
Already it has been reported that £1 million houses are on the rise,
with a decade of house price growth pushing thousands of properties above
the previously unthinkable threshold.
A survey by the Portman Building Society shows that at the end of last year,
there were 59,827 houses in England and Wales worth at least £1 million,
which compares to only 4,667 in 1995.
Perhaps unsurprisingly, 30,000 of these are in London, which is undoubtedly
aided by City bonuses affecting the high end of the market in particular.
The south-east of England boasts a further 13,000 properties of this value
or more and the south-west contributes 2,348.
Interestingly, data from Halifax shows that the fastest house price growth
in the last decade has been in Wales and the west of England but it is clear
from Portman's statistics that these regions still remain a long way behind
the south-east. Wales has only 234 "property millionaires", while
the north of England has 354.
As has been remarked upon by numerous analysts over the last few years,
however, the north-west is making great strides and it has enjoyed a 182
per cent rise in the number of £1 million properties since 1995.
Liverpool and Manchester and the surrounding towns are all benefiting from
regeneration and the properties at the top end of the market are accordingly
rising considerably in value.
With almost 60,000 properties now worth more than £1 million and mortgage
lending breaking records, there is clearly cause for optimism in the UK
housing market.
Property for sale in Pamporovo Bulgaria
Property for sale in Bulgaria - House
Location: Pamporovo
Ref: 15599
Price: £34,483 - €50,000
Details: Beds: 0 | Baths: 0 | Built M2 500 | Plot: M2 600 | Pool: No | Garage: Yes
Property for sale in Pamporovo Bulgaria
Property for sale in Bulgaria - House
Location: Pamporovo
Ref: 15597
Price: £30,966 - €44,900
Details: Beds: 3 | Baths: 2 | Built M2 180 | Plot: M2 1000 | Pool: No | Garage: Yes
Property for sale in Pamporovo Bulgaria
Property for sale in Bulgaria - House
Location: Pamporovo
Ref: 15603
Price: £26,897 - €39,000
Details: Beds: 6 | Baths: 2 | Built M2 240 | Plot: M2 560 | Pool: No | Garage: Yes
Property for sale in Pamporovo Bulgaria
Property for sale in Bulgaria - House
Location: Pamporovo
Ref: 15602
Price: £25,862 - €37,500
Details: Beds:6 | Baths: 3 | Built M2 200 | Plot: M2 - | Pool: No | Garage: Yes
Property for sale in Pamporovo Bulgaria
Property for sale in Bulgaria - House
Location: Pamporovo
Ref: 15601
Price: £21,379 - €31,000
Details: Beds:2 | Baths: 1 | Built M2 100 | Plot: M2 - | Pool: No | Garage: No
Property for sale in Pamporovo Bulgaria
Property for sale in Bulgaria - House
Location: Pamporovo
Ref: 15595
Price: £17,931 - €26,000
Details: Beds:3 | Baths: 1 | Built M2 200 | Plot: M2 4000 | Pool: No | Garage: Yes
Property for sale in Pamporovo Bulgaria
Property for sale in Bulgaria - House
Location: Pamporovo
Ref: 15595
Price: £17,931 - €26,000
Details: Beds:3 | Baths: 1 | Built M2 200 | Plot: M2 4000 | Pool: No | Garage: Yes
Property for sale in Borovets Bulgaria
Property for sale in Bulgaria - Ski resort apartment
Location: Borovets
Ref: 16896
Prices from: £48,490 - €71,280
Details: Beds: 1 | Baths: 1 | Built M2 72 | Plot: M2 - | Pool: No | Garage: No
Property for sale in Borovets bulgaria
Property for sale in Bulgaria - Ski resort apartment
Location: Borovets
Ref: 16897
Prices from: £48,490 - €71,280
Details: Beds: 1 | Baths: 1 | Built M2 72 | Plot: M2 - | Pool: No | Garage: No
Property for sale in Bansko Bulgaria
Property for sale in Bulgaria - Ski resort apartment
Location: Bansko
Ref: 16542
Prices from: £58,231 - €85,599
Details: Beds: 1 | Baths: 1 | Built M2 80.94 | Plot: M2 - | Pool: No | Garage: Parking
Property for sale in Bansko Bulgaria
Property for sale in Bulgaria - Ski resort apartment
Location: Bansko
Ref: 16895
Prices from: £56,667 - €83,300
Details: Beds: 1 | Baths: 1 | Built M2 70 | Plot: M2 - | Pool: No | Garage: No
Property for sale in Bansko Bulgaria
Property for sale in Bulgaria - House
Location: Bansko
Ref: 15445
Price: £19,728 - €29,000
Details: Beds:4 | Baths: 1 | Built M2 150 | Plot: M2 500 | Pool: No | Garage: No
Property for sale in Varna Bulgaria
Property for sale in Bulgaria - House
Location: Varna
Ref: 14275
Price: £88,435 - €130,000
Details: Beds:4 | Baths: 2 | Built M2 150 | Plot: M2 1200 | Pool: No | Garage: Parking
Property for sale in Varna Bulgaria
Property for sale in Bulgaria - House
Location: Varna
Ref: 16613
Price: £64,626 - €95,000
Details: Beds:3 | Baths: 2 | Built M2 300 | Plot: M2 1000 | Pool: No | Garage: Yes
Property for sale in Varna Bulgaria
Property for sale in Bulgaria - House
Location: Varna
Ref: 14283
Price: £47,619 - €70,000
Details: Beds:2 | Baths: 1 | Built M2 120 | Plot: M2 1200 | Pool: No | Garage: Yes
Property for sale in Varna Bulgaria
Property for sale in Bulgaria - House
Location: Varna
Ref: 15036
Price: £37,415 - €55,000
Details: Beds:2 | Baths: 1 | Built M2 150 | Plot: M2 2000 | Pool: No | Garage: No
Property for sale in Varna Bulgaria
Property for sale in Bulgaria - House
Location: Varna
Ref: 15364
Price: £19,048 - €28,000
Details: Beds:3 | Baths: 2 | Built M2 100 | Plot: M2 1500 | Pool: No | Garage: Yes
Property for sale in Varna Bulgaria
Property for sale in Bulgaria - House
Location: Varna
Ref: 15037
Price: £17,687 - €26,000
Details: Beds:3 | Baths: 1 | Built M2 120 | Plot: M2 700 | Pool: No | Garage: Yes
property for sale in Borovets Bulgaria
Property for sale in Bulgaria - House
Location: Borovets
Ref: 15590
Price: £56,463 - €83,000
Details: Beds:2 | Baths: 1 | Built: M2 90 | Plot: M2 800 | Pool: No | Garage: Yes
Property for sale in Borovets Bulgaria
Property for sale in Bulgaria - House
Location: Borovets
Ref: 15591
Price: £55,034 - €80,900
Details: Beds:5 | Baths: 3 | Built: M2 1000 | Plot: M2 4000 | Pool: Yes | Garage: No
Property for sale in Borovets Bulgaria
Property for sale in Bulgaria - House
Location: Borovets
Ref: 15585
Price: £44,218 - €65,000
Details: Beds:4 | Baths: 2 | Built: M2 190 | Plot: M2 32 | Pool: No | Garage: Yes
Property for sale in Borovets Bulgaria
Property for sale in Bulgaria - House
Location: Borovets
Ref: 15588
Price: £44,218 - €65,000
Details: Beds:5 | Baths: 2 | Built: M2 250 | Plot: M2 800 | Pool: No | Garage: Yes
Property for sale in Bansko Bulgaria
Property for sale in Bulgaria - Ski resort property villa
Location: Bansko
Ref: 15444
Price: £29,932 - €44,000
Details: Beds: 1 | Baths: 1 | Built M2 150 | Plot: M2 1500 | Pool: No | Garage: No
Property for sale in Borovets Bulgaria
Property for sale in Bulgaria - House
Location: Borovets
Ref: 15584
Price: £24,490 - €36,000
Details: Beds:3 | Baths: 2 | Built: M2 180 | Plot: M2 600 | Pool: No | Garage: Yes
Property for sale in Borovets Bulgaria
Property for sale in Bulgaria - House
Location: Borovets
Ref: 15586
Price: £17,007 - €25,000
Details: Beds:1 | Baths: 1 | Built: M2 90 | Plot: M2 1000 | Pool: No | Garage: Yes
Property for sale in Borovets Bulgaria
Property for sale in Bulgaria - House
Location: Borovets
Ref: 15589
Price: £15,646 - €23,000
Details: Beds:2 | Baths: 1 | Built M2 80 | Plot: M2 - | Pool: No | Garage: Yes
Property for sale in Bansko Bulgaria
Property for sale in Bulgaria - Ski resort property apartment
Location: Bansko
Ref: 15630
Price: £44,322 - €65,153
Completion: November 2005
Details: Beds: 1 | Baths: 1 | Built M2 59 | Plot: M2 -- | Pool: No | Garage: Parking
Property for sale in Bansko Bulgaria
Property for sale in Bulgaria - Ski resort property off plan apartment
Location: Bansko
Ref: 16546
Price: £39,185 - €57,602
Completion: August 2006
Details: Beds: 1 | Baths: 1 | Built M2 -- | Plot: M2 -- | Pool: No | Garage: --
Property for sale in Bansko Bulgaria
Property for sale in Bulgaria - Ski resort property apartment
Location: Bansko
Ref: 15630
Price: £44,322 - €65,153
Completion: November 2005
Details: Beds: 1 | Baths: 1 | Built M2 59 | Plot: M2 -- | Pool: No | Garage: Parking
Property for sale in Bansko Bulgaria
Property for sale in Bulgaria - Ski resort property apartment
Location: Bansko
Ref: 15960
Price: £38,027 - €55,900
Details: Beds: 1 | Baths: 1 | Built M2 43 | Plot: M2 -- | Pool: No | Garage: Secure Parking
Property for sale in Bansko Bulgaria
Property for sale in Bulgaria - Ski resort property Villa
Location: Bansko
Ref: 16549
Price: £29,932 - €44,000
Details: Beds: 1 | Baths: 1 | Built M2 150 | Plot: M2 1500 | Pool: No | Garage: No
Property for sale in Bansko Bulgaria
Property for sale in Bulgaria - Ski resort property apartment
Location: Bansko
Ref: 16766
Price: £27,211 - €40,000
Details: Beds:-- | Baths:-- | Built M2 -| Plot: M2 - | Pool: Heated | Garage: Parking
Property for sale in Bansko Bulgaria
Property for sale in Bulgaria - Ski resort property villa
Location: Bansko
Ref: 16610
Price: £26,993 - €39,680
Details: Beds:1 | Baths:1 | Built M2 -| Plot: M2 - | Pool: No | Garage: Parking
Property for sale in Bansko Bulgaria
Property for sale in Bulgaria - Ski resort property villa
Location: Bansko
Ref: 15444
Price: £29,932 - €44,000
Details: Beds: 1 | Baths: 1 | Built M2 150 | Plot: M2 1500 | Pool: No | Garage: No
Bulgarian property for sale
Bulgarian property
Bulgaria property for sale
Bulgaria Property
Listed in this section are Bulgaria property ads for sale and rent. Currently we are offering more than 2000 hot offers of Bulgaria property from all main regions of our beautiful country. Bulgarian Properties have own local branches and agents in each area where we sell Bulgaria property.
Bulgaria property for sale
Property for sale in Bulgaria