Buy Land in Bulgaria

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Buy Land in Bulgaria

Buying land in Bulgaria is of interest to many investors. According to expert forecasts, the Bulgarian land market will one day reach Western European price levels.

Foreign investors choose to buy land plots in Bulgaria in order to export their profits and capital.

How to Buy Land in Bulgaria

Buy land in BulgariaPrivate property rights in Bulgaria are strictly respected for historical reasons: even under communism, the country had private land.

Bulgaria is also attractive for real estate investment because legal procedures are simplified and ownership is much easier than in Cyprus, Croatia or Montenegro.

Direct land sales to foreigners in Bulgaria are prohibited by law. But there's a way. 

Citizens of former CIS countries (Russians, buyers from Ukraine, Kazakhstan, etc.), in order to buy a house with land / a plot or a building plot in Bulgaria, and later to relocate, need to:

  • Register/open a legal company — either an EOOD (sole owner) or an OOD (multi-shareholder company).
  • Register the land plot under the company.

Every year, you or your lawyer must file the annual balance, submit documents to the commercial register and to the NSI (National Statistical Institute).

Land in Bulgaria — Prices

Buy a building plot in BulgariaAccording to market analysts, one of the safest investments today is buying:

  • agricultural land in Bulgaria. This land is characterised by low volatility and high yields with low financial risk. It is unaffected by political and economic processes, and, according to experts, its price will keep rising in the coming years. Buying land can bring buyers reliable income if they later decide to lease or rent it out. Average rent in Bulgaria increases every year — last year it reached €400 to €800 per decare (1,000 m²). After buying agricultural land and leasing it out, it brings the owner at least 5% return, significantly above the market average.
  • The average price of building land in Bulgaria varies significantly by location, averaging from €15 to €60+ per m². In coastal zones (Burgas, Nessebar) prices often reach €40–100+ per m², while in rural areas or further from the sea, plots can be found for €10–25 per m². 

Buying a land plot in Bulgaria means a safe haven for your capital.

Bulgaria Avenue will guide you through location, price and investment liquidity — we work for you and will offer the most profitable land plot matching your wishes. Please get in touch, we're here to help.

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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