Holiday home on a budget? Here's what €1 could get you

2015-07-16   |  www.telegraph.co.uk, 15 July 2015

Towns and cities across Europe have been forced to slash house prices to attract spenders from abroad. Owning a dream holiday home might not be as difficult as you think

High property prices in the UK have been described by the Governor of the Bank of England, Mark Carney, as the ‘biggest risk’ to the UK economy. With properties in areas such as the South East and London at very high prices, almost double the national average, the chances of owning a house are becoming more and more remote for first-time buyers.

To escape from these statistics, here are several properties in Bulgaria whose prices leave almost no dent in your bank account (or, indeed, your pocket money).

Lom, Bulgaria




Although not technically a ‘property’, it is also worth looking at the low price of agricultural land in Lom in Bulgaria; a plot measuring a staggering 24,143 m2 is on sale for just €0.25 (£0.18) per square metre, only a kilometre away from the famous Danube River.
By contrast, 1 square metre of property in Kensington, London costs on average £10,854, according to a report published by Halifax in June last year.

Malko Tarnovo, Bulgaria




In Malko Turnovo, in the Burgas Region of Bulgaria, a family apartment is on sale for just £1140.00 – less than the cost of renting a studio apartment in Knightsbridge for one month. Close to both the Black Sea and the Bulgarian Strandzha Mountains, the town is also a stone’s throw away from the Turkish border.

Loznitsa, Bulgaria




A pub and restaurant for sale in Loznitsa, Dobrich, once again reveals the amazingly low prices of Bulgarian property, with 160m2 (1722.23 ft2) of living space and 500m2 (5381.96 ft2) of accompanying land going for just £3200. Although in need of renovation, the property does come equipped with electricity and mains water, whilst the surrounding countryside is completely free of any development.

View our bargain properties for sale and rent

  Read more news

Share
Properties in Bansko
Buy your own property in the top ski resort of Bansko! An all-year-round resort suitable for winter and summer tourism with the best prices in Europe! Prices starting from as low as 10,000 Euros!
See More

Îùå Íîâèíè

LATEST REGIONAL NEWS
Street Food & Art Festival in Burgas is a New Concept for an Urban Festival

Street Food & Art Festival is a new concept for an urban festival, its organizer Nikolay Todorov told Focus Radio.

The festival, held with the support of Burgas Municipality, is taking place in Burgas. More than 15 of the Best Street Food culinary artists in Bulgaria have been invited, Todorov said. "We are talking about mobile kitchens, kitchens on wheels, caravans, campers, truck... read more

13 August, 2019
LATEST REGIONAL NEWS
Archeologists unearth church from 6th century near Gabrovo

An early Byzantine church, 20 by 10 meters in size, made from rock blocks and brick layers, with a floor lined with ceramic tiles has been discovered by archaeologists.

It has two entrances on the south and west sides and an interesting altar section, as it had benches where clergymen were sitting, as well as a bishop's throne in the central place, Professor Hitko Vachev said. He a... read more

13 August, 2019
LATEST REGIONAL NEWS
Seaside Garden in Varna turns into large-scale arts and crafts exhibition

For the 23rd time the International Fair of Crafts and Arts “Bulgarika” will become a venue for a big number of artists and craftsmen. In the period August 1– 21, some of the best artisans in the fields of fine and applied arts, crafts and music will participate in it. Traditionally, the audience will actively participate in the fair as they will be able to take part in crafts or arts workshops or... read more

13 August, 2019
LATEST REGIONAL NEWS
Staro Zhelezare village once again hosts Street Art Village Festival

Until the end of August, the village near Plovdiv is once again hosting Staro Zhelezare Street Art Village Festival.

The village itself has no more than 400 inhabitants. Every year the people behind this project – artists Katarzina and Ventsislav Piryankovi and students of theirs from Poznan, Poland, transform the place, painting and drawing on the walls of houses and fences.
... read more

13 August, 2019

REQUEST DETAILS


Fatal error: Uncaught Error: Call to undefined function display_gdpr_fields() in /usr/hosting/bulgarianproperties-com/bulgarianproperties.com/foot.php:114 Stack trace: #0 /usr/hosting/bulgarianproperties-com/bulgarianproperties.com/bulgaria-news.php(297): include() #1 {main} thrown in /usr/hosting/bulgarianproperties-com/bulgarianproperties.com/foot.php on line 114