Buy Apartments in Bulgaria: Flats, Maisonettes, Penthouses

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Buy Apartments in Bulgaria: Flats, Maisonettes, Penthouses

Buying apartments in Bulgaria means investing your money wisely. At any time, property in this peaceful country with a benevolent climate is an excellent choice for holidays and permanent residence for retirees, young people and businesspeople. Moreover, in Bulgaria it's realistic to affordably buy a seaside apartment in a gated complex with a pool, or resale property in an ordinary residential building without a maintenance fee. In Bulgaria there are cheap apartments on the resale market or under construction, as well as premium seaside flats with private courtyards and panoramic terraces. Our database has flats in Sunny Beach, Sveti Vlas, Pomorie, Saint Constantine and Helena, Ravda and others, plus apartments in Varna and Burgas.

Buy an Apartment in Bulgaria

Apartment in BulgariaYou can buy an apartment in Bulgaria both from developers and on the resale market. Property prices depend on the area, condition of the housing, finishing, town and maintenance fee.
The approach to defining apartment type and square footage here differs. 

Apartment features in Bulgaria:

  • It's very rare in seaside Bulgaria to acquire an apartment with a separate kitchen. Usually a kitchen area is set aside in the living room, where furniture and cooking equipment are installed. So if you're buying a two-room apartment, you'll be offered an option with one bedroom, a living room with a kitchen box, a bathroom, and a balcony or private garden access. Similarly, a three-room flat consists of a living room with kitchen, two bedrooms, a bathroom and a balcony.
  • In residential complexes and urban buildings, mostly what you can buy is an apartment with a combined bathroom equipped with a shower cubicle. Acquiring an option with a bathtub is possible only in a premium complex, or you can install one yourself. 
  • Sometimes the layout of apartments offered for sale doesn't include a corridor, and the rooms are arranged railroad-style.  
  • Those planning to buy a two-room or three-room apartment in Burgas, Varna, Pomorie or Obzor, be prepared for the fact that the area includes clean living square footage and common areas. Reading an ad offering to buy a two-room flat of 60 m² at a low price, be ready for the usable area to be a few m² smaller.

How to Choose an Apartment in Bulgaria

The country's diverse terrain and climate provide various opportunities to acquire property in Bulgaria. In Bulgaria you can buy an apartment by the sea, in the mountains, near salt lakes or mineral springs. Most offers at first glance look charming, but you shouldn't take the first one you like. Housing selection needs a careful approach, analysing every nuance. Real estate agency services in this case will pay off fully. It's important to buy a resale apartment without encumbrances, and a new-build from a proven developer, and to be confident in the transaction's cleanliness.

Based on rich experience and feedback from clients who bought apartments in Bulgaria, we recommend using the following algorithm when choosing a flat.

  • Visit the places that seem attractive to you. If you dream of owning a seaside flat, take a trip to Varna, Burgas, Sunny Beach, Sveti Vlas, Nessebar, Sozopol, etc. You can affordably buy an apartment for retirees in Pomorie, Chernomorets, Ravda or Byala. 
  • Define the main selection criteria. How many rooms, bathrooms, balconies you need, whether a lift is required. Acceptable maintenance fee size, desired floor. Are you planning to buy housing for permanent residence or only for holidays. Is it critical to have a clinic, pharmacies and supermarkets nearby?
  • Read local residents' reviews. This will help you get a general picture of life and evaluate pros and cons.
  • Consider several apartment options. Clarify the year the residential building was constructed, check for leaks and the overall condition. During the viewing, it's advisable to take video and photos so you can analyse everything later. If needed, the property can be visited again.

With all the information in hand, it's easier to make the right decision. 

At What Price to Buy a Seaside Apartment

Prices, like apartments in Bulgaria, vary. You can buy a cheap two-room apartment from €25,000. There are premium options with the same area for €100,000. What's the difference?

The following factors influence property prices:

  • Location.  Apartments in Varna and Burgas are more expensive.  The cost of a square metre in a residential building near the sea is over €2,000. In remote districts there are affordable options from €850/m².
  • Area, layout, south-facing side, floor. Apartments located on middle floors with south-facing windows cost more. Spacious flats with sea views, separated rooms, balconies and comfortable bathrooms are pricier.
  • Maintenance fee. A high complex service charge is one reason why you can buy a cheap apartment in Bulgaria.
  • Infrastructure. Proximity to shops, schools, medical centres and well-developed public transport leads to higher prices.

Anyone can become the owner of property in Bulgaria matching their wishes and dreams. The transaction will go smoothly if you cooperate with professionals. Bulgaria Avenue will help you choose the best flats and ensure the safety and cleanliness of the purchase.

Frequently Asked Questions

1
What is the process for buying a ‘turnkey’ property in Bulgaria with Bulgaria Avenue: from selecting a property to receiving the keys?
2
What is more profitable: a new-build or a resale, and what risks / nuances should you consider when choosing?
3
What are the additional purchase costs and how do you calculate the total budget for the transaction?
4
How does reservation and deposit work: what amounts are usual, how long is the price fixed, and when can the deposit be refunded?
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