0
Hello,
Favourite properties (0)
Saved searches
Selected for you
Notifications
Subscriptions
Settings
Sign out
Close

Houses at the foot of Rhodope Mountains reach up to 200 000 euro

2023-08-18   |  Daniela Arnaudova, Maritsa daily, 15.08.2023

How is the property market in Bulgaria developing at the moment? Are the houses in the village still in demand?

The interest in suburban houses is strong, says Polina Stoykova from BULGARIAN PROPERTIES. 'Rural houses are in demand and this trend is based on the fact that people increasingly appreciate the good life - in fresh air, in peace and where they have conditions for outdoor games. The problem in this market is more about whether there is enough quality supply,' shifts the focus of the conversation to Polina.

In fact, the interest in rural houses is not from today, but its peak was in 2021, around the time of the COVID pandemic. The market is reporting a shortage of good quality and nice properties. According to brokers, buyers are looking for ready houses in the nearest villages, but also in those a little further away from Plovdiv. They want to keep their property in the city but have one outside it as well. That is why they are oriented towards the villages with convenient transport links to the city, availability of quality internet, shops, pharmacy, etc.

'They like everything to be at their fingertips, fast and easy - explains Petar Petalarev from the Plovdiv office of BULGARIAN PROPERTIES. - However, the price difference between old and new construction in rural properties is serious. To the north of Plovdiv houses in good condition are offered at 70-80,000 euro, at the foot of the Rhodope Mountain they reach 200,000 euro', adds the agent.

Old houses, almost fit for habitation, go for 35-40,000 euros. Often people prefer to buy an old house to reconstruct it. Very often the permits of the old house are used to carry out reconstructions and improvements on the building. All this makes it easier for the owner, who can more easily obtain permits for reconstructions, additions and extensions from the municipality, the industry explains.

Plots for new construction are also becoming more expensive - they have a changed status and are offered at prices of 100-110 euros per square meter. Real deals, however, are concluded at around 60 euro/sq.m.

Check out our properties near Plovdiv

List a property for sale with us



  Read more news

Share
Central Park - your New York in Sofia!
Homes for sale in one of the largest new construction developments in Sofia!

A unique gated complex recreating the style and atmosphere of New York's Central Park. Modern buildings, space, greenery and breathtaking views! A future icon of the Bulgarian capital that will bring a new standard for quality of life. Choose your home now - big choice and attractive prices!
See More
Euphoria Club Hotel & Resort - your paradise in Borovets!
Fully furnished studios and 1-bedroom apartments in a unique complex in Borovets. All-year-round complex with all needed facilities for your comfortable stay - lobby bar, reception, bar and restaurant, outdoor and indoor pool, SPA center, underground parking and many more. Choose your holiday home here! No buyer's commission! Suitable for rental income.
See More

More News

Company news
BULGARIAN PROPERTIES Agents of February 2024

🏆🌟 AGENTS OF THE MONTH 🌟🏆

The first month of 2024 flew by in the blink of an eye, and it's time to introduce our real estate champions who will proudly bear the title of "Agent of the Month"!

The year kicked off successfully for the real estate market in Bulgaria with significant activity, property viewings, and successful transactions ...

02 February, 2024
Press & Media
Polina Stoykova for Euronews Bulgaria: Now is an ideal time to sell property

"One year is too short a period to go from boom to bust. But the market did calm down at the end of the year and we ended up with 6-8% price growth in Sofia and Plovdiv, and a bit more in some other cities."

This is what Polina Stoykova MRICS - Managing Director and Head of Reasearch of BULGARIAN PROPERTIES said in the studio of "Good Morning, Europe" on Euronews Bulgaria. An she ad...

22 January, 2024
latest news
EU court lifts restrictions on buying agricultural land in Bulgaria

The EU Court of Justice lifted the restrictions EU citizens face when buying agricultural land in Bulgaria in a ruling published on Thursday, more than 17 years after the country joined the block.

Obstacles should have already been removed in 2014. Still, the Bulgarian parliament adopted changes to the Law on the Ownership and Use of Agricultural Lands, which created serious obstacl...

19 January, 2024
Press & Media
Polina Stoykova and Ivan Krumov about the property market on NOVA TV

Property prices in Bulgaria have jumped by almost 80% in the last 10 years. This is shown by Eurostat data. The most serious price increase was recorded in Estonia - 220%. In our country the jump is nearly 80%, and in Italy the trend is the opposite. There, a cheapening by 8% is reported.

Sofia ranks at the top in terms of property price growth when compared to 107 other cities worl...

18 January, 2024

REQUEST DETAILS