When planning the purchase of real estate, or moving for permanent residence abroad, it is not superfluous to consider whether the country you are thinking about is comfortable and affordable for living. At the end of last year, the European agency Schengenvisa released an updated report, according to which Bulgaria has become one of the most affordable countries in Eur
The Bulgarian property market in 2023 is filled with quite opposite expectations. On the one hand, the year of 2022 was successful for both sellers and buyers of apartments and houses in Bulgaria – prices increased significantly, while the number of transactions grew. This positive trend allows us to look to the future with optimism. On the other hand, the market is negatively affected by the high inflation expectations and instability in domestic and international politics.
Recently Burgas has become the center of vacation real estate in Bulgaria. In summer, thousands of tourists come here for holidays by the sea. People are attracted by the excellent resort infrastructure, a huge number of festivals, and gorgeous opportunities for relaxation and travelling. If you are still in doubt where to buy property in Bulgaria, let the Apart Estate agency experts be your guides on this interesting and exciting journey of choosing a new vacation home.
Again, August brought a poor surprise to the Russians. After announcing the expulsion of 14 diplomats, Bulgaria declared that it would temporarily suspend issuing visas in Russia. Such information was distributed by the Association of Tour Operators on the 5th of August.
In compliance with the Real Estate Registration Agency information, Nessebar district became an undisputed leader in sales of real estate near the sea in Bulgaria in the 2nd quarter of 2022. This information is confirmed by Apart Estate and the actual quantity of the deals closed by the agency. The region includes the cities and resorts Nessebar, Sveti Vlas, Sunny Beach, Ravda and Elenite.
The program of restoration and repair of old living buildings and houses of historical heritage will soon start in Burgas
Old buildings and houses of historical and cultural value are a special type of real estate in Burgas. Most of them were built in the first half of the 20th century, but due to their elegance, style, location, and famous architects’ work, they keep on being very expensive and popular among property buyers. Recently, the mayor of Burgas announced a new program for the restoration of these buildings.
The former shopping center was demolished on Alexandrovskaya street in Burgas. A modern residential building will soon be erected instead
The demolition of the former shopping center has recently begun on the Burgas main pedestrian street, Alexandrovskaya. Just recently, there was an old one-store building filled with small shops and the El Dorado casino here. Today, the erection of a new luxury residential building has begun in its place. For those who are interested in new construction in the Burgas downtown, the Apart Estate agency has prepared short information about the living building being erected.
In the spring of 2022, Sarafovo, which is one of the most prestigious and rapidly developing neighborhoods of Burgas, celebrated its hundredth anniversary. On May 27 and 28, concerts, sports events, games and entertainment for children were held in the center of culture, as well as in the church and on the embankment. People who were born in Sarafovo and those whose relatives once founded this place came from all over the world to a specially organized event. And the festival ended with incredibly beautiful fireworks.
Few people know that Sarafovo was originally founded as a place where refugees from the Eastern Thrace found salvation. They began arriving in 1912. It is interesting to note that in Sarafovo, as well as along the entire coast, those refugees who did not have special skills and connections were settled. At that time, living near the sea was not valued as highly as it is now.
On the background of the pandemic and the possibility of remote work, a clear tendency towards buying houses in Bulgaria has been identified in 2021. Due to the great interest in country real estate, prices for cottages in Bulgaria in some towns and villages have doubled. Apart Estate carefully monitors the situation on the real estate market in Bulgaria and provides the clients with an accurate and complete analysis.
In the beginning of 2022, news that can be interesting for those who want to buy a house or villa near the sea in Bulgaria was published. The Public Council of Pomorie approved joining the village of Kamenar to the town. In the near future, the project will be sent for consideration to the Council of Ministers of Bulgaria. So, within 6 months, the still independent village will turn into a district of the town. What does this mean for the residents of the village, among whom there are many citizens of Russia, Germany, England, as well as for future buyers of real estate in Kamenar? Read the comments of the Apart Estate agency specialists.The idea of joining Kamenar to Pomorie arose 7 years ago. Signatures were collected, and a principal approval from all the involved parties was received.