At Concept Bulgaria we will help you find your perfect property in Bulgaria. As a family run business with over 10 years experience of the Bulgarian property market we provide a range of services to help you find and manage your holiday home in Bulgaria. Whether buying from us directly or just searching generally, we are more than happy to offer advice and guide your through the local real estate process.
Our main focus is in the mountain resort of Borovets which is close to the capital Sofia and one of the best locations for property investment in Bulgaria. Properties in the Borovets area offer the ideal mix of 4 season usage with skiing in the winter and a pleasant summer climate with temperatures around 25°C. The local area offers a range of activities including mountain biking, fishing, walking & hiking, wake boarding & water skiing, mineral baths and spas, ancient monasteries and fortresses and of course in the winter the area offers the full range of winter sports including skiing and snowboarding.
The Bulgaria real estate market has seen significant changes over the last 10 years. After joining the EU in 2007 buying Bulgaria
properties became very popular as an overseas property investment. This drove up prices and led to over development in certain areas, most notably
along the Black Sea coastline and in the Bansko ski resort. When the global financial crisis hit in 2009 the prices of property in Bulgaria dropped
due to the lack of credit and the oversupply of poor quality properties in these locations.
Now in 2015 Bulgaria real estate prices have started to increase and both local and international investors are again buying Bulgarian properties. We are
happy to say that the market has really started to move in the last 12 months. Buyers are
being enticed by prices that in some cases are up to 50% below peak values and in a lot of cases properties in Bulgaria can now
by purchased very close to the actual cost of construction. This makes them a great medium to long term investment as the cost
of construction is continuously rising due to wage and commodity inflation. Over the last 10 years there has never been a
better time to invest in Bulgaria real estate.
About our Borovets Properties
We can offer you a range of properties in Borovets from ski apartments to luxury chalets and even older village style properties.
The Chamkoria Chalets holiday village was designed, built and is now managed by our company Concept Bulgaria Ltd. The development is located in the forests near Borovets with amazing views of the Rila mountains and the ski slopes.
The apartments are now for sale at significantly reduced prices starting from just €500 per m2. At these prices they
reflect the best value we have seen in the Borovets area for over 10 years. These Bulgarian apartments
are now for sale below the cost of construction which makes this an ideal time to buy if you are looking for a medium to long
term investment. The apartments are fully completed and ready for the coming season.
If you are looking for something larger than an apartment we can also offer brand new 4-5 bedroom luxury chalets starting from just €129,500.
If you are interested in a renovation project or a local village property our local contacts can source a range of houses for sale.
Take a look at our completed chalets and apartments in the videos below or contact us now for more information.
The Bulgaria real estate market varies from old houses in rural villages, to beach properties, modern city apartments and luxury
ski apartments and chalets in the mountain resorts. However not all Bulgaria properties can be considered as good investments at
this stage in the Bulgaria real estate cycle.
Whether you are buying property in Bulgaria as an investment strategy or as a personal holiday home it is important that you
research the market and find the right Bulgarian real estate
to suit your needs. Having researched the Bulgarian properties market in detail we have picked Borovets ski resort as the area best suited to future
growth. The key reasons why you should consider buying Borovets property right now are;
Prices in the Borovets area are at the lowest level in the last 10 years
Many properties are for sale at below or near the cost of construction
Good value property is a very safe hedge against inflation. The cost of construction is continuously rising due to increased
wages and commodity prices. This means property prices will continue to rise in the future
At present the global financial system is in crisis. Why leave your money in a bank which might go bust tomorrow leaving
you with nothing. When you invest in property in Bulgaria you have a tangible asset which you own and control. In the current
financial environment the old saying "as safe as houses" has never been more true
Bulgaria is on track to join the Schengen free travel zone in 2016. This will bring with it increased investment as
businesses and individuals relocate to Bulgaria to gain access to the EU markets. This in turn will drive up the price of the Bulgarian properties market.
Bulgaria has one of the lowest debt to GDP ratios in the EU and is currently receiving significant inwards investment from Europe.
On some of our Bulgarian apartments we offer financing up to 50%.
We recommend Borovets property as the best medium term investment in Bulgaria properties. Borovets is the oldest ski resort in Bulgaria and
the closest to Sofia. Sofia is the main transport hub and centre of wealth in Bulgaria. By buying real estate close to the
capital you are securing the future growth and rental of your Bulgarian property.
95% of Borovets is covered in forests and national park. This means there is very limited building land in Borovets and
the area cannot become overdeveloped. Borovets has not and can not suffer from the same overdevelopment that has happened in
places like the Black Sea coastline or Bansko ski resort. This is very important for the future growth of your Bulgaria
properties both in terms of resale and rental.
Bulgarian Property News
Catch up on the latest news from our Bulgarian Properties blog;
2014 saw the property market enter a new stage of development with prices finally leveling out and in some markets actually starting to rise. There has been an increased confidence amongst buyers resulting in more deals being concluded and deals being completed in shorter time frame. According to Polina Stoykova Managing Director of Bulgarian Properties [...]
Turkey’s transport minister Lutfi Elvan has announced that his country is building a high-speed railway line to Bulgaria. The minister stated that the railway line would connect Istanbul to the Kapikule border crossing point and would run through Edirne. Turkey has a number of major infrastructure projects currently underway including the North Marmara Highway, the [...]
During the latter half of 2011, the sales manager from Bulgaria’s leading real estate agent Bulgarian Properties, Polina Stoykova commented on the Bulgarian property market trends in an interview. According to her, the real estate market in Bulgaria is still the market of the buyers. She had justified this with the help of some facts. [...]
Searching for cheap Bulgaria apartments is easy. All you need to do is to know what types of apartment you are looking for. After that, you have to determine your budget so that you will be able to find an apartment that suits your finances. If you know what you want, then you will definitely [...]
According to the latest reports, the value of the Bulgarian properties has dropped by approximately 50% after rising in 2008. This also includes the most demanded Bulgarian property types such as ski resorts and beach resorts. According to the COM, the ski resort of Borovets has witnessed a hike in the demand from the investors [...]
According to the latest report by the Bulgarian National Statistical Institute (NSI), which was conducted to measure the prices of Bulgarian apartments in the regional cities in 4Q 2011; the prices have almost been identical to those prevailing in the same year’s 3Q. The fall in the prices on an average is only 1.5% just [...]
According to the market analysis reports, in 2011, the property prices in the Bulgaria real estate market dropped by an average of 8% as against the drop of 8.3% in 2010. With this report, it was concluded that the decrease of the prices of real estate in Bulgaria is slowly decelerating. Therefore, the concerned agencies [...]
At Concept Bulgaria Properties we understand the importance of having local support to guide you through the process of buying
and managing your Bulgarian properties. This is why we offer a full range of after sales services so that you can be confident
that your real estate in Bulgaria will be properly maintained and managed. You can read more about our range of after sales
services and how we can help you if you are buying property in Bulgaria.
At Concept Bulgaria Properties we currently offer a range of luxury Bulgaria apartments and
ski chalets for sale in Borovets. If you would like to speak with us about purchasing one of Bulgarian properties or if you have a general query about Bulgaria real estate please
contact us.
We are always happy to discuss your investment goals and what you want to get out of your Bulgarian property investment. It is important to us that you
understand all the aspects of investing in Bulgarian properties and we are happy to guide you through the process.
