Buy Property in Burgas

Bulgaria Avenue offers property in Burgas. We'll help you affordably and profitably buy an apartment, studio, house or townhouse in Burgas. On sale: flats in seaside complexes, in residential buildings without maintenance fees, in the city centre and in villages near Burgas. From developers and from owners.

In the early 2000s, buying an apartment in a new building in central Burgas cost €20,000–30,000. Flats in older buildings cost even less. Investment in construction, tourism and business turned Burgas into a thriving seaside city, where residents of other Bulgarian regions and foreigners have moved for permanent residence. In just a few years, the city has changed dramatically.  One thing remains unchanged — housing prices here keep rising. So you can buy property in Burgas both to live in and as a high-yielding investment.

Reasons to Choose Burgas for Relocation

In modern Bulgaria, only a few cities can boast good conditions for business development. Burgas hosts representative offices of foreign companies, commercial organisations, banks and government institutions; the tourism and services sector is actively developing. Compared with most other regions of the country, the city stands out for its high standard of living and decent salaries.

Burgas has many schools and kindergartens. Children are welcomed at numerous educational centres, dance clubs and sports sections. New clubs open every year, and festivals are held. Vocational education is developing actively — colleges and universities enrol new students every year.

Families with young children and retirees pay great attention to the accessibility of medical services when buying property. Burgas has hospitals, clinics and sanatoria.

The city's unique location beside the sea, the salty Atanasovsko Lake, and mineral water and therapeutic mud springs turns it into a genuine centre of restorative medicine.

The city has excellent facilities for walking and cycling through its many parks and along the sea. The Sea Park attracts locals and visitors with endless alleys, playgrounds, flowers, birdsong and the aromas of coffee. Culture, arts, food and wine festivals are held here at any time of year.

You can reach Burgas from anywhere in the country or the world. Transport infrastructure is excellently developed — the city has a railway station, two bus stations and an international airport. City transport includes buses and trolleybuses.

What Kind of Property to Buy in Burgas

In Burgas you can buy property to suit every taste. There are ordinary residential buildings with apartments of standard layouts. Panel-built blocks sell one-, two- and three-room flats. Many such buildings have central heating and lifts. In the 2000s, brick building construction spread. Apartment layouts here vary — from small studios designed for 1–2 residents to huge multi-room flats.

Residential buildings in Burgas have no maintenance fee. Residents collect money themselves for cleaning entrances and servicing lifts. But there are also residential complexes in the city with pools, fitness centres, cafés, restaurants and sports halls. They're located mainly in the seaside Sarafovo district, 10 km from the centre. New complexes have grown up in the Zornitsa and Meden Rudnik districts. Here the annual payment is calculated based on the service cost per square metre and can be €7–12. In some cases, a fixed rate of €100–150 per year is set.

A popular direction is commercial property in Burgas. It can be bought for business development or renting out.

Property Prices in Burgas

Property prices in Burgas vary. In districts far from the sea and centre, the square metre of living space in a new build or old panel block costs about €1,000–1,200. But if an apartment in a new building sells at this price without finishing or furnishing, resale is offered fully renovated.

In the Izgrev and Zornitsa districts prices reach €1,200–2,700/m². For the same amount you can buy an apartment in the more remote but seaside districts of Sarafovo and Kraymorie.

In central Burgas and the Lazur district, from which the sea and central part of the city are within easy reach, prices reach €3,600/m². Apartment prices constantly rise or hold at a stable level, allowing income to be earned from investing in Burgas property.