Bulgarian Investment Property

This house caught my attention on my last visit - Really lovely!




This beautiful new build detached house really caught my attention during my recent trip to Varna. It's really well builtand in a perfect location only 19 km away Varna and just a 10 minutes drive from the lovely sandy beach at Kamchiya.





This is the sort of place you can have as a holiday home or even retire too. The standard is that good.

The house has about 180 sq.m. of living area. There are two bedrooms, two toilets and bathrooms, fireplace in the living room and fully equipped kitchen.






The house has central heating system, BBQ area a nice veranda (summer kitchen, which is multifunctional, you can use it as a storage in the winter) and stylish patios.

The house is brand new and was built in a typical Bulgarian style. It has stone construction, the walls inside are sealed, all the tiles are granite and beautifully finished.








There are inside and outside staircase tiled in granite. All the ceilings are wooden and the double glazed windows and doors are also solid hard wood.









There is a large covered area behind the house made of stone that could serve as a wine cellar or a storage room, or could be made into a good sized apartment.









The plot of land is 850 sq.m., there are a few fruit-trees and vines, the large lawn in front of the house is aclling out to be made into a swimming pool. I could easily imagine myself sipping a drink from the poolside before diving in.





On the second floor there is a nice terrace with an amazing view overlooking the mountain and the charming surronding village (see left).

The living room on the first floor has a wooden ceiling. Internal staircase leads to the second floor.





€ 127,495 USD: $ 164,193 GBP: £ 89,284


Now I'm not easily impressed, but at this price I had to go and check it out. I was very pleasantly suprised. Very well built and very desirable (i.e. easy to sell on!).

There's a nice profit to made here within the next 12 months that's for sure.

Probably won't be around for long, but I thought I'd put the details on here anyway to see if anyones interested. You'd be mad not to at this price, let's be honest.

If you want to buy, view or ask a question contact me at peter@bulgarian-investment-details.com quoting ref: mtvd80

Peter Skuse
Bulgarian Investment Property

Note: The cost does not display the total purchase price.
The cost includes the price of the property, property check fees and legal consultancy.
The following fees and agent commissions must be added on top of the cost:
Agency commission, Stamp duty, notary fees, Company registration fee (if you have no registered company in Bulgaria)

Bulgarian Investment Property - Bulgaria a hot property destination for Welsh

By Darren Devine

THE number of Welsh families buying property abroad is on course to double within the next seven years, with Bulgaria proving the hot destination.

Even first-time buyers priced out of the domestic market are turning to the former Soviet bloc nation to get a foothold on the property ladder, says Swansea-based Britannia Overseas Property.

Britannia - one of the UK's leading developers in Bulgaria - say impending EU membership and low property prices are helping money pour into the Black Sea resort nation.

Such is demand, Bulgaria last year recorded an average property price increase of 47.5 % with experts predicting values will more than double over the next 12 months. Britannia's Bulgarian ski and coastal development properties sell on average for £45,000.

Attracted by its long, hot summers and the Black Sea beaches' white sands the number of foreign tourists visiting Bulgaria has increased by almost 50%, with those from the EU growing by nearly 90%, over the past two years.

Andy Moore, former Wales rugby international and Britannia's joint managing director, told the Western Mail yesterday, "The majority of our local investors are buying properties on the coast or in mountain resorts for capital growth, rental income and a chance to visit for their own holidays.

"Many have previously owned property in Spain and the UK, but are moving their money to Bulgaria, as some see it as like Spain years ago, and Ireland before it joined the EU, offering the potential for similar returns."

Marc Davies and his wife Dawn bought a studio apartment in the Bulgarian ski resort of Bansko a month ago for £35,450 as an investment. The couple, from Mayals, Swansea, say they were put off buying an investment property here by inflated prices.
Salesman Mr Davies said, "If you buy property here now the rental income will not even cover the mortgage. There are very few properties here now where you can completely re-do the house and then make money on it."

Mr Davies, 32, who has never visited Bulgaria, is hoping to rent out the property during the ski season between November and February's end.
"They're building a golf course here now so there should be plenty of opportunities for a rental income," he said. "But even if I can only rent it out during the skiing season it should still make money for me."

But Melfyn Williams, a past president of the National Association of Estate Agents, whose company Williams & Goodwin has several office across North West Wales, said buying abroad also has its downsides.

He said, "The track record has shown that investment in bricks and mortar in almost any country is a sound one and at the moment some countries such as those coming into the EU are experiencing good capital growth.

"The downside is that if something goes wrong you cannot go round the corner to sort it out.

"With the poor returns on the stocks and shares market and the uncertainty surrounding pension funds, more and more ordinary people invest their hard-earned cash into bricks and mortar by buying a property abroad," he said.

Buying abroad soars. A study presented to the Association of British Travel Agents revealed that home ownership abroad will double over the next five to seven years.
The World Trade Organisation forecasts that by 2010, Bulgaria will be visited annually by at least 20 million tourists, making it one of the world's most promising international tourist destinations.

The booming demand for homes in the sun has seen Britons' spending on second homes treble in two years. The UK is now spending £6bn per year on holiday homes abroad - compared to £2bn per year just two years ago.

In the next few months alone, an estimated 80,000 Britons are expected to buy a second home.

And while most will be used for holidays and short breaks, an increasing number will be bought as long-term investments and rented out to generate income.


Bulgarian Investment Property