Anyone who has once visited Sozopol will hardly forget this town quickly. It has preserved ancient architecture, old traditions and wonderful fresh air. The sea with its crystal-clear water freely breaks on the rocks and plays with the golden sand.
You can buy property in Sozopol for year-round residence or holidays. Apartments and studios in new builds, resale — the Sozopol real estate market has every option. Buying homes and commercial premises as investment is popular.
In Which Sozopol Neighbourhood to Buy an Apartment
The town is conventionally divided into two districts — Old Town and New Town. The first is located on a narrow peninsula stretching several hundred metres into the sea. There are no modern buildings here. The district is represented by old 18th–20th century houses built in the so-called Bulgarian Revival style. Sozopol's seaside houses in the Old Town are mostly two storeys high. In the tradition of old European towns, the ground floor houses a café, restaurant or shop. The upper floor holds living quarters. It's busy and lively here even in winter. Buying property in this part of Sozopol mainly interests lovers of antiquity and investors planning to open a small business, set up a hotel or simply rent out rooms.
The administrative centre, new residential buildings and commercial institutions are in the New Town. Real estate here consists of panel and brick multi-storey buildings intended for year-round living. There's a school, kindergarten, banks and shops.
Some distance from the main districts of the town stretch modern complexes. On the gated grounds are relaxation zones, playgrounds, pools and barbecue areas. Sozopol's complexes begin filling with the noisy buzz of residents as early as May, quietening down in September or October. Housing is generally used for seasonal living, but you can often meet people who live in them year-round.
What Kind of Property to Buy in Sozopol
Before starting to choose property in Sozopol, you need to define the purpose of your purchase. For permanent residence it's better to choose apartments or houses located in the town centre, where shops, medical centres and educational institutions operate in winter. Such flats are in demand on the housing rental market.
You can also live year-round in apartments located in residential complexes, especially if they're within walking distance of the centre. In most cases, however, owners of such homes prefer to come only in summer. During this time, pools, fitness centres, cafés and restaurants operate. There are no restrictions on using other infrastructure facilities. Holidays run at the highest level, meeting European standards.
Property in Sozopol residential complexes is a sweet spot for investors. The stunning sea, amazing architecture, history, festivals and unforgettable taste of national dishes put a holiday in Sozopol on the same level as Italy, Spain and France. Many want to buy an apartment or studio in residential complexes in Sozopol, as demand for renting out such flats is traditionally high.
Property Prices in Sozopol
Despite Sozopol being a small town, property prices here vary greatly.
You can affordably buy an apartment in Sozopol in complexes located away from the centre and the sea.
You can buy a studio or two-room apartment in central Sozopol for €1,200–2,000/m².
The price per square metre of property in Sozopol can also reach €2,400–3,000. That's how much Old Town houses, cottages and townhouses cost, located on the first line of the sea with a breathtaking view over the endless sea horizons.
Life in Sozopol suits both holidays and permanent residence. Buying a coastal house in Sozopol is especially prestigious. New buildings and complexes are being built in the town. However, the town's popularity is so high that even the regularly appearing new-build apartments sell out very quickly, and resale prices show no sign of falling. Sozopol property values will likely rise over time.