Bulgaria real estate preview

[tomergott]

Hi i would like to know how is the real estate market is now i am planning to go to Bulgaria next month.
i am going to check Varna Bourgas and Rousse regions.
I am looking for a cheap house which i will be able to renovate and to resell it
does anyone knows where are the best ereas to do this ?
I don't want to be 'stuck' with the renovated house in a place with out a demand
Thanks

[vthills]

You have to be very careful when investing in bulgaria, because it's full of frauds out there! I would recommend you Veliko Turnovo Hills - just type in Google "Official Veliko Turnovo Hills" I know from personal experience that they are okay and won't cheat you. Buying from them is actually buying from the builder with no commission and no middle man. Check it out you can't go wrong with them

[tomergott]

Thank you very much, i have a good company that i'm working with they are fine, i checked about veliko tarnovo and i'm quite fimiliar with this place.
However, this is a good place with a demand ? i would like to buy and renovate an old house and to resell it, is there a demand for residential houses this erea ?

[vthills]

yep, there is a demand I think, can't really say is it less or more but there is. I've seen many offers for cheap houses near veliko turnovo where I live now. Something like 3,000 euro. Pretty cheap I would say

[vthills]

by the way what's ur company? I've seen big differences in the prices for the same properties in the different companies.

[tomergott]

Thank you very much, do you think that the prices will go up and does veliko tarnovo has shops, bars, health care ,schools and working places near by ?
can you tell me more about this village who live there and where do they work
Does veliko tarnovo is developing ?
Thank you very much for your help
Tomer

[tomergott]

Do you know where are the best spots in Veliko Tarnovo ?

[blinkybill]

Hi Tomer,
We were in Bulgaria last month, looking around (but only in the Bourgas region). We found a house there for EUR15,000. It's near the airport, the beach & the city, and has a good view. Not as cheap as 3,000, but we're satisfied. We like the prospects for the area - there are many people moving from Western Europe as well as Bulgarians from Sophia who keep a holiday home.

[deedee1]

Hi all,

BEWARE OF A FAMILY GROUP CALLED THE "BUTLANDS" RENOUND FOR CONNING PEOPLE AND RUNNING OFF WITH THEIR MONEY!!!

If its too good to be true it always is!!

Ther are many posts regarding these people as they have traveled around europe conning thousands of people out of money and when it gets too hot for them and the law is onto them they have a habit of taking off ..and skipping the country and setting up in another!!!

See ya D

[vthills]

Originally Posted by tomergott

Thank you very much, do you think that the prices will go up and does veliko tarnovo has shops, bars, health care ,schools and working places near by ?
can you tell me more about this village who live there and where do they work
Does veliko tarnovo is developing ?
Thank you very much for your help
Tomer

Hi, Tomer! Veliko is a modern european town with 70 000 population. It has absolutely anything you need - from universities to sex shops. Actually it's a very old place-it's been a capital of Bulgaria in the middle ages and now is famous tourist destination. Now in the middle of the season it's normal to hear other languages rather than bulgarian while walkin on the streets. The good thing is that it's situated in the middle of the country. That way the black sea and the capital Sofia are only 250 km away. You are just 2-3 hours drive from the airport.
So don't hesitate in ANY way about those things. You won't miss anything here that you have in your city.