Bulgarian Properties
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.
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Investing in Bulgarian Property
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 2018 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.