14.08.2019 Tips from an Experienced Holiday Home Owner in Bulgaria
As an experienced owner, I want to give new buyers some advice based on my own experience. Because the offers are endless, everyone is eager to praise their own. Especially in the beginning, you can easily get lost in the abundance of ads.
First - look for complexes with a large and well-equipped park environment. Especially if you are going to rest with children. Given the high cost of land in the resort area, this is rare. Many builders save money by selling only the apartment, without the land. Second, if the budget allows it, don't look for the cheap.
Cheap is cheap, and probably there’s a reason why. After all, you are making a long-term investment, so it should be a little more expensive, but try to get something really worthwhile, so you don't regret it. I know many who have subsequently been disappointed that their property is either small or uncomfortable, or there is something else that does not fit them.
Do not neglect resale. Sometimes there are many good options. After a little extra expense for accessories and comfortable furnishings, you can get exactly what you have dreamed of.
The Tarsis Complex (Tarsis Club & SPA, Sunny Beach, Bulgaria) was originally planned, designed and built as a club-type resort for cosy and comfortable accommodation for owners, targeting mainly families with children.
It has 6 apartment buildings to suit every taste and budget - from standard and affordable to VIP luxury apartments. It also offers a large, well-equipped and beautifully designed park area with its own infrastructure, where everyone will find something to their liking. The maintenance of the complex is organized at a very high level.
Almost everyone furnishes their apartments for themselves, to their liking - you get a second home (or, if you wish, a magnificent summer residence of an apartment type, by the sea). The kids feel really good and comfortable here (not like in town). They quickly find new friends in the games. And even after they grow up, they come back here to remember their childhood. The adults, they do so too: they meet, hugging each other happily, leaving with tears in their eyes.
The climate in Bulgaria, unlike many other seaside resorts, is softer and more comfortable. And the foods are more natural, especially if they are local and seasonal. After all, Bulgaria is an agricultural country. All in all, great.
Dear potential buyers! Approach the purchase of a property thoughtfully and responsibly. Consider everything down to the smallest detail. And don't hesitate to ask brokers to show you all the options. I wish you to get exactly what you could later call your second and true home, where you will be glad to return.
I wish you the best of luck! I would be glad if my advice was helpful.
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We are slowly returning to our normal everyday lives and the Bulgarian property market is experiencing a growing demand and a rising volume of deals after the corona virus lockdown.
Here are the present market trends which mark the start of a new beginning for the property market in Bulgaria:
🔵 Technology stays with us to help us in the new reality! We will ne...
The average selling price of residential properties in Bulgaria's capital Sofia increased by 4.0% on an annual comparison basis in the first quarter of 2020, local company Bulgarian Properties said.
The average price of dwellings in Sofia reached 1,120 euro ($1,219) per sq m in the first quarter, the realtor said in a quarterly property market analysis published last week.
High activity during the first 3 months of the year and acceleration of the price growth to about 4% on an annual basis. This is how the real estate market in the Bulgarian capital of Sofia developed until mid-March, when the state of emergency was introduced and many economic activities where put on hold.
Average Prices and Annual Change
In the first quarter of 2020...
BRITS could return to Bulgaria's Sunny Beach as soon as July as the country reduces its lockdown measures.
To encourage tourists, beaches will also offer free loungers, sun beds and tables when they open again for business.
Bulgaria has managed to keep coronavirus cases relatively low - the country has reported just 1,704 infections, and 50 deaths.