Articles

When selling real estate under construction in Bulgaria, developers often offer payment by installments. Many buyers of houses and apartments consider it to be a convenient financial mechanism that allows them to plan expenses, save money and even receive profits. Most buyers are happy to use it when buying a property. But is the installment plan always an advantage? Is it possible that such payment terms may carry additional risks?

При покупке квартиры в новостройке в Болгарии в описании можно часто увидеть фразу о соответствии БДС. Это аббревиатура, которая означает  «Български държавен стандарт» или болгарский государственный стандарт. В данной статье эксперты агентства Apart Estate постарались дать подробное описание, что такое БДС, и почему на этот стандарт важно обращать внимание. 

Долгое время основным регулятором рынка строительства в Болгарии являлось государство. Как монополист, который принимает на себя ответственность за то, какое жилье строится, оно разработало определенные стандарты. Им должны были соответствовать все возводимые новостройки. Речь идет о болгарском государственном стандарте или БДС.

Наличие такого стандарта в юридических документах, с одной стороны, определяет ответственность застройщиков за качество жилых домов. С другой стороны, дает право покупателям требовать, чтобы их жилье сдавалось в определенном виде без брака и недоделок.

The analysis of the residential property market, implemented by Apart Estate and various consulting companies, shows a constant increase in prices for flats and apartments in Bulgaria. So, based on the data received by the consulting agency Knight Frank, in the first quarter of 2023, Bulgaria ranked 13th in the world in terms of price increase for residential real estate. Limiting the analysis to the EU countries, the same agency shows that Bulgaria takes the 3rd place after Croatia and Lithuania, however, the data is presented on an annual basis.

The majority of Bulgarian property owners who want to sell their apartment or house start to do it on their own, trying to avoid real estate agencies. Usually time passes, and the apartment is not yet sold, or it turns out that potential buyers are ready to buy it, but at a very cheap price and in installments. If you follow the Apart Estate recommendations of where it is better to publish an advertisement for the sale of an apartment in Bulgaria, there will be more chances that you will sell your property at a good price.
The advice of Apart Estate employees is based on real experience and includes effective mechanisms that we use in our daily work.

Recent studies devoted to the Bulgarian market of real estate show a steady growth of an interest in rental properties. People of different ages and social status start looking for options to rent a house or an apartment instead of purchasing it. This brings us to an idea that it can be an interesting and profitable option to buy new or resale real estate from Apart Estate as an investment. After buying it, you can always offer it for a long-term or short-term rent.

The pleasure and joy that a new building in Bulgaria, in which you bought a property, is ready, and you can move into your apartment, can be overshadowed by construction defects and issues. Here are some pieces of advice from Apart Estate experts that can help you accept an apartment from a developer in Bulgaria and avoid possible problems.

If you decide to sell a house or apartment in Bulgaria, start preparing for it in advance. Apart Estate experts are unanimous in the opinion that the more carefully and accurately you do everything, the faster you will sell the property, and the more money you will receive for it. So, how to prepare an apartment for sale – realtor's advice to sellers of property in Bulgaria.

Potential real estate buyers and those who just think about buying a Bulgarian property often wonder what the advantages of buying an apartment in Bulgaria are. If you keep on asking yourself the same question or if you doubt whether it makes sense to invest in Bulgarian property, Apart Estate experts will help you determine advantages of buying an apartment or a house in Bulgaria.

Here are just a few key benefits.

When trying to sell the property in Bulgaria, the real estate owners often use a random price and then wonder why the apartment does not get sold. Or they feel very disappointed when they realize that they sold their property too cheaply. The most reliable way to get the right sales price is to contact the Apart Estate agency – our experts have a great experience in the Bulgarian real estate market.

You need to know the legal issues and the specifics of each situation to sell property in Bulgaria if one of the spouses has died. Assistance from Apart Estate will make the process of selling an apartment easier and safer.