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Bulgaria saw a rush of activity from overseas buyers many of whom were from the UK and Ireland buying cheap property in Bulgaria. The Bulgarian housing market is maturing and Bulgaria's membership of the EU is now an added reason to invest in the region. Bulgarian property offers extreme value for money and is allowing those who would not normally buy property abroad opportunities to invest in overseas property.

Bulgarian Property Hotspots

Bulgaria's sunny Black sea coast attracts holiday makers in the summer. Bulgarian Ski resorts in Bansko, Barovets and mount Vitosha make an affordable place to ski in the winter. The quiet Bulgarian villages, historic buildings and cosmopolitan cities make it ideal place to visit all year round. Sofia the capital of Bulgaria is now popular location for property investors. Sunny Beach situated North of Bourgas on the Black Sea coast remains popular. Varna offers low prices and flights from the UK is certainly a city worth considering. Consistently popular for buyers is the Black Sea Coast , Pamporovo and Bansko Ski Resort.

Bulgarian off plan investment property

It is worthwhile approaching Bulgarian property developers and suggest a cash purchase i.e. not using staged payments this can often secure further discounts. Off plan purchases are also a great way to buy multiple units on a development. Some investors buy at the launch of a project and once it is sold out sell their property before construction even begins. Buying cash can secure some even more hefty discounts but has its risks and leaves your money tied up in for a longer period of time.