Sunny Beach Property - Bulgaria

The Black Sea Coast in Bulgaria boasts some of the finest beaches in the region and has resorts that cater for every holiday maker. The most popular resorts are Sunny Beach and Varna which attract holiday makers from Germany, England, Ireland, Scotland, France, Italy, Sweden and Russia. The market for beach property is booming and shows no sign of slowing down. Many developments are sold out before they are even built and front line sunny beach property is becoming hard to find.

Some new and lesser developed beach resorts in Bulgaria are Sozopol and Balchik which are now seeing a great deal of investment through real estate sales. The rental market for beach property in Bulgaria has never been so strong and with Spain and other countries becoming out of reach of many families wallets Bulgaria provides a much cheaper alternative. Prices are rising though and rental rates have almost doubled in the last 3 years showing signs that Bulgaria is following many of its close competitors such as Greece and Turkey.

The Bulgarian beach resorts are very busy from June through to September with temperatures hitting the high 90’s most of the season. The busiest time of year is August.

Beach Property on the coast is still a fraction of that in Spain, France or Portugal and you can still find developments that are only a short walk from the beach. Some even have their own private beach with marina and shopping centre.

The bulgarian sunny beach property prices have being increasing rapidly over the last 2 years and the average price per square meter has increased from €600 per square metre to €1600 per square metre. There is still room for growth and some expect prices to come in line with Spain in the next 5 years. For more details about bulgarian sunny beach property contact us