Bulgarian Properties
At Concept Bulgaria we promise to bring you the most exciting Bulgarian properties in the most spectacular locations. All our Bulgarian properties are located in areas of outstanding beauty with potential for large investment returns. This is a key part of our approach to Bulgaria property investment.
As well as delivering you quality Bulgarian properties in great locations we are also committed to ensuring that you can generate a strong return from your Bulgaria real estate investment. To do this we design all our Bulgarian properties as luxury complexes and then market them for rental to both Bulgarian and international tourists. At Concept Bulgaria we understand the importance of having local support to guide you though the process of buying and managing your Bulgaria properties. This is why we offer a full range of after sales services so that you can be confident that your Bulgaria real estate will be properly maintained and managed. You can read more about our range of after sales services and how to manage your property in Bulgaria here.
There has been significant activity on the Bulgaria real estate market over the last few years. Since joining the EU in 2007 Bulgarian properties have become a popular choice for investors. As Bulgaria prepares to join the euro zone it is predicted that prices for Bulgaria properties will rise substantially in the next few years. 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 Bulgarian properties as an investment strategy or as a personal holiday home it is important that you research the market and find the right Bulgaria real estate to suit your needs. Over the last few years there has been a large amount of construction along the Bulgarian coastal area. As a result there is an oversupply of Bulgarian properties in this area and it is not recommended as a good location for investment. We recommend that you do not invest in real estate in the coastal regions of Bulgaria because of the current oversupply there.
Having researched the Bulgarian properties market in detail we have picked Borovets ski resort for our latest development. Due to the huge investment and redevelopment being generated by the Super Borovets project we expect that Borovets property investment will show very good returns over the medium term. Over 500M euro is being invested in the resort with 100km of new pistes planned. We believe that Borovets is currently the top location for Bulgaria real estate investment because:
- The Super Borovets project is the largest ski investment project in Bulgaria and is investing over 500M euro into the area. The project now has Equest Balkan (a UK listed investment fund) and the State Fund of Oman as majority shareholders. These high profile investors bring with them significant funding and excellent international experience managing large scale investment projects. Our Chamkoria Chalets development is located right beside the land owned by these large investors and just metres from the location of the new ski lift and golf course.
- Borovets is less than 1 hour from Sofia airport and 90 minutes from Plovdiv airport which makes it the best connected resort in Bulgaria.
- 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. This is very important for the future growth of your Bulgaria properties both in terms of resale and rental.
- Two 18-hole golf courses are are planned as part of Super Borovets. One of these courses is right beside our Chamkoria Chalets development.
- Property prices in the area are currently growing at 20% per annum.
- Rental yield on our Bulgarian properties is estimated at 6-8% per annum - we are committed to maximise your rental return and provide a range of Bulgarian property management services to help with this. Once completed our developments are marketed as luxury hotels targeting local and international tourists.
- Up to 70% mortgages are available on our Bulgarian properties.
At Concept Bulgaria we currently offer a range of luxury Bulgaria apartments and ski chalets 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 aspect of investing in Bulgarian properties and we are happy to guide you through the process.