Property in Bulgaria for Russians

Buying property in Bulgaria is very popular among Russian citizens. This small country attracts Russians with its stunningly beautiful nature, excellent living conditions, low property prices, and the possibility of obtaining a residence permit fairly easily.

The Bulgarian property market offers flats and studios, apartments by the sea and in the mountains, resale housing and new-build properties from developers. It is possible to buy property in Bulgaria in instalments.

If you are firmly determined to relocate but are still unsure where to go, read on to find out how a Russian citizen can buy property in Bulgaria and what the advantages of relocating are.

Grounds for relocating to Bulgaria from Russia

Anyone who wishes to can relocate to Bulgaria and buy property. There are several grounds on which this Balkan country can become your home. Among them are:

• Grounds – “financially secure pensioner”. In accordance with Bulgarian legislation, Russian citizens who have retired may apply for a residence permit (long-stay permit) in Bulgaria. It is necessary to submit documents confirming the granting of pension payments, ownership of or lease of accommodation, and a certificate from a Bulgarian bank confirming a sufficient amount in the account for living in the country (around €2,000).
• Working at the representative office of a foreign (Russian) company. Relocation on these grounds is very common among Russians. It is enough to take up employment at a company that has a representative office in Bulgaria, submit confirmation of this, a certificate confirming sufficient funds for living, and the notarial deed for a flat or house. As with pensioners, housing can be purchased after relocation. In many cases this is preferable – you can choose the ideal option on the spot without taking hasty steps.
• Ownership of property valued at more than 300,000 euros. On this basis, the applicant is granted a long-stay permit.

Special conditions apply to family members of Bulgarian citizens and people of Bulgarian origin (this must be confirmed through the State Agency for Bulgarians Abroad, DABCh). It is not necessary to purchase housing in order to relocate. You can find an excellent option after the move – the Bulgaria Avenue agency will offer you the best property.

Advantages of living in Bulgaria for Russians

Life in this Balkan country is calm and measured. Membership of the European Union gives citizens the opportunity to travel freely to many countries, earn a living, and receive high-quality medical care.

Among the other advantages are:

• Low prices for high-quality produce. Fresh vegetables, fruit and seafood attract many Russians.
• No language barrier. Many Russian speakers permanently reside in the towns and at the resorts. You can make friends among them. You can always ask them for information. Many Bulgarians also speak Russian.
• A wide range of services at low prices. Interestingly, hairdressing and medical services cost considerably less.
• Good ecology. A small number of factories and plants, untouched forests, mountains and the sea help preserve the fresh air. Families with children and pensioners buy flats in Sveti Vlas, Obzor, Varna, Bansko in order to relieve allergies and bronchopulmonary conditions. Ask us, and we will help you choose the best place to live and show you flat options in various corners of the country.
• Using natural resources for treatment. In Burgas and Pomorie, mineral waters, salts and muds are used to treat various illnesses. In Varna and Velingrad, spa centres that harness the beneficial properties of thermal springs are popular. All of this is available for constant use.
• Beautiful nature. Every corner of the country is unique. Mountains, the sea, oak and coniferous forests, lakes and waterfalls turn it into a paradise for travel, leisure and pursuing your favourite pastime.

It is not easy for newcomers to find employment in Bulgaria, but there are opportunities to run a business. Opening a restaurant, a shop, or a travel agency, growing and selling vegetables and fruit, producing toys or clothing, selling property, or organising transfers along the coast are just a few popular directions. Many Russians and Russian speakers live on the coast. Many of them have their own business and need partners.

Advantages of buying property in Bulgaria

The comfort of living here is complemented by excellent opportunities to buy a home. Property in Bulgaria is inexpensive. This applies to economy-class flats, luxury apartments, villas and cottages.

In what other country can you buy a two-room flat at a price of 400–450 euros per square metre and at the same time have the chance to walk along the sea every day and breathe fresh air. Luxury property costs more – from 1,100 euros per square metre – but even such prices are lower than in Moscow or Saint Petersburg.

Inexpensive flats in Bulgaria do not mean low quality. European construction requirements are observed here, and new technologies are used.

By choosing a home for permanent residence with the Bulgaria Avenue agency, you will receive a warm, cosy flat that will delight you for many years. We will help you make the right choice!

We will help you select and buy a flat by the sea, a house with a plot of land, a house in a village, a chalet in the mountains, luxury property, or commercial premises.

If necessary, we will assist with preparing the documents required to obtain a residence permit / permanent residence and Bulgarian citizenship!

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