Buy a farm in Bulgaria and start a business

Many people grow up dreaming of farming, growing flowers and fruit, or owning a small farm. Due to various circumstances, residents of Russia, Ukraine, Kazakhstan and other countries are not always able to realise this idea at home. However, after relocating, they gain the opportunity to buy a farm in Bulgaria.

The Bulgaria Avenue real estate agency will help you do this quickly and profitably, taking into account all possible nuances. 

Bulgaria is currently one of the EU countries with the highest percentage of agricultural land. The favourable climate and large number of warm, sunny days make it possible to grow fruit and vegetable crops, flowers, and to raise livestock.
The agricultural sector is further supported by the availability of a ready market for fruit, vegetables, dairy and meat products. These are eagerly bought by greengrocers, restaurants in tourist towns, local residents and tourists. 

Here are just a few opportunities for developing an agricultural business:

• Growing wheat, rye, rice, sunflower and rapeseed. Raw materials are supplied to the market, and in rare cases processed products such as vegetable oil or flour. It is recommended to buy land for these types of crops in the Dobrudja, Kazanlak and Burgas regions.
• Growing fruit trees. Wonderful peaches, apricots, figs, apples and pears have long been grown on the country’s territory. They are sold fresh and supplied to factories for processing. Some farmers prepare jams, confitures, pastila and compotes themselves and sell them in processed form.
• Vegetable growing. Tomatoes, cucumbers, sweet and hot peppers are grown on huge plantations. Just like fruit, they are supplied to the markets of Sofia, Varna, Burgas, Sveti Vlas and Pomorie in fresh and processed form.
• Livestock farming. Raising goats, sheep, pigs and chickens is particularly popular. Cattle breeding is less developed. Farmers sell milk, meat, cheese, brined cheese and eggs. The mountainous areas of the Burgas and Plovdiv regions are well suited to livestock farming.
• Viticulture. Bulgaria is a paradise for vine growers. Dozens of grape varieties are grown here. The taste of each is unique. The harvested fruit is sold at markets for fresh consumption and supplied to wine producers. Vineyard owners often have small wine houses and produce wine themselves. They are sold in the Dobrich region and around Varna and Burgas. Incidentally, according to statistics, land prices in Dobrich are among the highest, thanks to the fertile soil and good conditions for farming. A vineyard plantation in excellent condition, covering 130,000 sq.m., can be purchased for 320,000 euros. For this sum the new owner receives 40,000 sq.m. of vineyards planted with Merlot, 15,000 sq.m. with Chardonnay, 37,000 sq.m. with Muscat Ottonel, 3,000 sq.m. with Sauvignon Blanc, 3,000 sq.m. with Riesling and 3,000 sq.m. with Traminer. The remaining plot is planted with lavender, and access roads to the plantations are in place. There is also a two-storey cottage, a warehouse and a greenhouse on the property.
• Melon and gourd crops. Watermelons, melons and pumpkins grow excellently in Bulgaria. Some farmers turn the sale into real entertainment for tourists – they allow buyers to choose the watermelon or melon they like straight from the field. 

Buying land for growing flowers

Fruit and vegetable growing and livestock farming are possible in many European countries. But Bulgaria also has special directions – rose fields for the production of rose oil. It is subsequently used in perfumery and cosmetics.  

Just a few years ago, anyone who wished could take up growing roses and producing essential oils. However, not long ago the Bulgarian rose was declared a national treasure, and a law was passed stating that this activity requires a licence. This led to the disappearance of small farms engaged in rose growing. 

Recently, lavender growing has been gaining popularity. The flowers are harvested to obtain essential oil used in the perfume industry and for making tea. During the flowering season photo shoots are organised on many plots, which sometimes brings the field owners a good income.

Buying a farm in Bulgaria

Prices for land classified as agricultural are constantly rising. According to experts, annual growth is 5%. The same trend is observed in the sale of farms.
The main buyers are farmers and small cooperatives, which are able to receive European subsidies and try to secure guarantees for using the land over a long period. 

When buying land, it is recommended to pay attention to the following risks:

• The owner cannot be a foreigner. If you intend to buy land and start farming, you will have to set up a legal entity. Our agency will help you register a company and complete the transaction in a short time.  
• The documents for most plots have not been properly drawn up. Among the issues buyers may encounter are the complete absence of documents and unresolved inheritance matters. 
• The plot is classified as agricultural, but there are requests to reclassify it as building land. 
• In some countries it is profitable to buy land and resell it. Given the 5% annual price growth in Bulgaria, reselling agricultural land in Bulgaria is not profitable. Transaction costs amount to 3–3.5%. To recover them and make a profit, you will have to wait several years. Moreover, you will have to pay taxes throughout this whole period.

Buying a farm in Bulgaria is a delicate process that requires attention to the property being purchased and to the documents. Cooperating with the professional real estate agency Bulgaria Avenue will help you avoid unpleasant situations. In our database you will find profitable and interesting offers.