why is bulgaria so cheap

Realtors are excitedly talking up property in Bulgaria as the European cheapest as well as located near the sea. In Bulgaria, you pay in fact for the goods, not for prestige. View the cost of housing in Bulgaria in 2020. Reasons why in Bulgaria cheap property, a few: The consequences of the 2008 crisis and the sharp drop in demand, causing prices have fallen by 40%. While places in Sofia, Plovdiv, and the coasts are normal prices, I don't know Bansko will ever recover as there are literally thousands of empty units and a hundred completely unmaintained or unfinished buildings. Stay for a day or two at a village guesthouse to truly appreciate Bulgarian hospitality, or plan a hike with a mountain guide in some of the free national parks, though you will need to pay for a guide. The reason why property is so cheap in Bansko is because they overbuilt back in 2007 and never recovered from the financial crash. So, there are activities for everyone," said tourist Helga Lorenz. Try visiting Bulgaria before the busy summer months, or travel to Bulgaria for the snow from December to March. Property in Bulgaria – the cheapest in Europe. Property in Bulgaria can be bought very cheap. So here are five-minutes of true: briefly and clearly about what all those who dare to buy property in Bulgaria need to know. Two weeks in Bulgaria will allow you to become fully immersed in the country. If you are traveling to areas that are heavily forested, make sure you follow advice from local authorities if a fire is spreading. Well let us not forget that Bulgaria in many parts of the country is incredibly poor, people use donkeys rather than cars, unemployment is around 80% and running water is a luxury not a basic. During summer (June to August) and early autumn (September), wildfires are a threat in Bulgaria. It usually goes along with the dream of fast cars, high-end mansions, and endless parties, which you can see in the videos of chalga songs. Lower purchasing power of the population compared to an average level. "There are lots of very cheap apartments, houses and plots of land in Bulgaria, but they can be off the beaten track. The properties are situated in the cities and resorts in and around the regional center of Burgas - Sunny Beach, Aheloy, Ravda, Nessebar, Sveti Vlas, Kosharitsa, Primorsko, Sozopol, Dyuni, Primorsko, Kiten, Lozenets, Tsarevo, Ahtopol, Sinemorets, Varvara , Obzor, etc. You can’t but notice chalga music in Bulgaria – this is the Oriental-styled genre you will hear with turned up volume from cars, markets, and bars. That is why A-class apartments 500 meters from the Black Sea, in a complex with a swimming pool, fitness center, round-the-clock security and other essential attributes of high-end housing, are often twice cheaper than the usual 1 - 2 bedroom apartments in Moscow. View our selection of properties located in the resorts and towns along the southern Black Sea coast of Bulgaria. And the mentality of many British investors is “property is so cheap I cannot lose”. Hopefully, you have now seen why your next trip should be here. The socialist heritage of the country. "Plovdiv and Varna are twin jewels in Bulgaria's crown. While I liked Bulgaria as a whole, I was so disenchanted with its capital, Sofia, that I decided to award it the prize of “one of Europe’s ugliest cities.” Sofia is grey, ugly, the street pavement is broken, giving the whole city a kind of permanent “unfinished and abandoned” feel. Why so cheap? Briefly and clearly about what all those who dare to buy property Bulgaria! You to become fully immersed in the resorts and towns along the southern Black sea coast of Bulgaria the of! Activities for everyone, '' said tourist Helga Lorenz and never recovered from the financial.! Housing in Bulgaria lose ” properties located in the country why property is so cheap in Bansko because. 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