Bulgaria is a wonderful country. Here you can find the apartment or house of your dreams, buy a small, cozy studio in the center of Burgas, or a huge maisonette with a stunning sea view in Sveti Vlas or Pomorie. Sherlock Homes' experts can help you find properties for retirees in small resort towns, investment apartments for businessmen, and a townhouse or spacious apartment in a city with convenient infrastructure for families.
Where to buy permanent residence in Bulgaria
For many years, Burgas has been the winner in the battle for the title of best city to live in Bulgaria.
A regional and business center, one of Bulgaria's fastest-growing cities, a summer resort with a wide variety of spa options, historical, archaeological, and cultural monuments—Burgas has it all.
There are numerous banks, commercial firms, industrial, state, and municipal enterprises, travel agencies, and law firms. Numerous modern companies offer opportunities for business development and employment.
There are a huge number of educational institutions for children, including kindergartens and early development centers. There are universities, and new faculties are opening, attracting applicants from all over Bulgaria.
Burgas boasts a beautiful, clear sea and a vast marine park where you can stroll and play sports year-round.
Numerous playgrounds and sports fields, cafes, restaurants, theaters, and concert halls allow you to enjoy your free time and recharge your batteries.
Burgas is an excellent place for permanent residence. Hundreds of square meters of real estate are being built in the city every year. These include comfortable studios, spacious two- and three-bedroom apartments, luxury penthouses, townhouses, and private homes. And all these apartments and cottages are selling quickly, along with resale properties.
The majority of buyers are residents of other Bulgarian cities and foreigners, including citizens of Germany, Ukraine, and Scandinavia. Pensioners, families, and singles are buying homes for permanent residence, while those who already own apartments are buying them for rental income.
Real estate prices in Burgas are constantly rising. Demand is high for budget housing in the Meden Rudnik, Gorno and Dolno Ezerovo, and Slaveykov neighborhoods, as well as premium apartments in the city center, Lazur, Zornitsa, and Izgrev neighborhoods.
For those interested in buying a home, Sherlock Homes presents real estate prices in Burgas in 2023:
Studios cost from €25,000 to €60,000. The price difference depends on the location, stage of completion, and condition. The cheapest options are suitable for those willing to wait 2-3 years to move into their apartment. Expensive studios are spacious, luxuriously renovated, and feature high-quality furniture, located near the sea or in the very center of the city. Their area sometimes reaches 60 square meters.
Two-bedroom apartments from the developer in remote areas, with completion in 2025, can be purchased for 35,000-38,000 euros. However, if you're looking for a turnkey property, it's unlikely you'll find one for less than 65,000 euros. Premium properties near the seaside park reach prices of 100,000 euros and above.
Three-bedroom apartments, ideal for families with children, even if they are completed in two years, rarely cost less than 70,000 euros. For those looking for a turnkey home, we recommend targeting a price of 100,000-150,000 euros.
Townhouses and cottages are being built in square meters. Sarafovo, Gorno and Dolgo Ezerovo, Vetren, and Banevo. When purchasing property near the sea, a price of €200,000 or more is recommended. Houses in outlying areas can be purchased for €90,000. Completed townhouses in the Zornitsa district, near the city center, cost over €300,000. Townhouses under construction in Kraimorie and Sarafovo cost €200,000 or more.
Real estate in Burgas is quite expensive. However, with the help of the Sherlock Homes agency, you can find excellent apartments and houses that meet your needs in terms of quality and price.
Resort Property
For permanent residence and seaside vacations, we recommend apartments in the resort towns and villages of southern Bulgaria. These include Nessebar, Sveti Vlas, Ravda, Elenite, Pomorie, Sozopol, Tsarevo, and others.
It's worth noting that Sveti Vlas, Sozopol, Pomorie, and Nesebar offer comfortable living year-round. These towns boast companies and businesses suitable for employment, schools, and kindergartens. Restaurants, pharmacies, clinics, and children's and sports centers are open year-round. They are perfectly suited for living, working, and studying. The pace of life is slower than in Burgas, but this has its charm, especially for families with children, retirees, and those buying apartments to rent out.
Real estate in these towns is in steady demand, and therefore prices remain fairly high, despite the fact that most apartments are offered in complexes with a maintenance fee:
Studios cost between €26,000 and €60,000. The cheapest one-bedroom apartments are small and located in residential complexes. Sometimes they don't have a balcony, and if they do, it faces the city.
Expensive studios have beautiful sea views. They are located in luxurious complexes with green areas, where vacations become a true fairytale. They feature swimming pools, promenades, playgrounds for children and sports, exquisite restaurants, bars, and spa centers.
Two-bedroom apartments are available for prices ranging from €40,000 in Elenite to €150,000 in Sveti Vlas and Pomorie. Inexpensive apartments are small, cozy, and nicely furnished and renovated. Expensive apartments are located on the seafront, with a total area including a balcony that can reach 80 square meters. This type of property is often purchased by investors for rental purposes or by people seeking a luxurious, stylish, and sophisticated home.
Three-bedroom apartments in Pomorie and Sveti Vlas are ideal for families with children. These apartments range from 55-150 square meters, and sometimes even larger. Prices start at €60,000. Luxury apartments with stunning sea views reach prices of €190,000-€205,000.
Townhouses and cottages are for sale in Sveti Vlas and the Pomorie suburb of Victoria Hills. On average, this type of property costs €200,000-€250,000. Townhouses in the project, where construction has not yet begun, can be purchased for €150,000. This is an excellent investment, offering a luxurious property ideal for a full, comfortable family life.
But there is another type of coastal community. In the summer, it bustles with activity, the streets are filled with vacationers, cafes, entertainment centers, and shops. In winter, almost all establishments close, and the streets are quiet and deserted. These include Sunny Beach, Ravda, Tsarevo, and Ahtopol.
Apartment prices are lower here. A studio in a complex located a couple of kilometers from the sea can be purchased for €18,000-€20,000. The average price of a two-bedroom apartment is €40,000-€45,000. A three-bedroom apartment costs €60,000-€80,000.
It is precisely these low prices that attract buyers to Sunny Beach and Ravda. High-quality apartments are suitable for permanent residence and summer rentals.
Where is the best place to buy a house in Bulgaria?
Buyers are equally interested in rural properties in Bulgaria. Cozy, warm traditional Bulgarian houses and modern cottages are a good choice for retirees and families with children.
Houses in the villages of Kamenar, Laka, Marinka, Debelt, Kosharitsa, Medovo, and Aleksandrovo are particularly popular. Recently, buyers have also shown interest in cottages in the Strandzha villages of Bulgari, Stoilovo, Brodilovo, Izgrev, and Velika.
Rural house prices are constantly rising. This type of property attracts both Bulgarian citizens and those who have moved permanently from the UK, Austria, Ukraine, Belarus, Kazakhstan, and Russia.
While it was previously possible to find a cheap house by a river or lake for €15,000-€25,000, prices have now risen. Houses for demolition or renovation with land are difficult to find for under €55,000. Cottages and villas with modern renovations, solar panels, and well-maintained land cost from €100,000 and up.
By understanding your preferences, Sherlock Homes' experts can always advise you on the best places to buy property in Bulgaria. We offer houses, cottages, studios, and apartments in rural areas and cities. Our database includes a large number of resort properties in Sunny Beach, apartments in Burgas, Pomorie, and Ravda, and houses in Kamenara and Medovo. We are ready to make the best offer at a reasonable price to our new and returning buyers.
