Bulgaria Property

Question

Bulgaria Property

Igor Trunov asks:

Prompt, please, where it is more profitable to buy an apartment that would continue to rent?

03.10.2013

BULGARIA. Consultation

Choice real estate

Expert answers (3)

Mary Cadava (Pajoko) · Answer 1 · 2013-10-03T17:46

Good afternoon Igor!
You have already given the answers.
To be honest,they are quite lopsided)))
Considering only the major cities and the sea.

We follow the market trends and know that:
1)the Cost of a nice apartment in Burgas from 60,000 euros, to take in year-round rental 1 bedroom apartment in a nice neighborhood with renovation and furniture can be not higher than 500-700 lions.
Do the math yourself:the yield from a Deposit of this amount and the amount of lease payments.
Don't forget that you will need to pay more taxes and to do current repairs.
2)the Sea.
Sentences too much.
View summer offer on Bulgarian sites and compare.
Again,will have to invest 40000-50000 Euro.

One of my colleagues did not mention the fact that all great demand among Russian customers enjoy the rental for year-round living in the mountains and around the springs.
Sandanski, Velingrad,Hissar,Bansko....
Besides,buy here apartments with 1 bedroom with beautiful view, furnished,on the secondary market from the British in 2 times is cheaper than at sea and in large cities:25000-30000 euros.

Have questions?
Email us and we will discuss details,and help with the delivery of apartments in rent.

Larisa Vladimirovna Kostadinova (Аврора Плюс ЛК) · Answer 2 · 2013-10-02T19:31

Good afternoon, Igor.
When our firm calls from customers with questions about buying real estate for investment purposes, we always recommend to buy apartments in large cities such as Burgas and Varna, where the apartment can be taken year-round. Delivery of apartments in rent in the resort towns in winter is reduced to zero, and the summer rental complexes on the coast is very small: 3-4 months. In addition, the part of Your earnings successfully "eat" the annual maintenance fee in the complex. And to find tenants on the coast in the summer season is difficult because of the high competition of travel agencies. Rarely looking for an apartment for rent by yourself, do it for seasoned travelers. Almost all the tourists turn to the travel Agency in search of housing for the summer.
Our company successfully works in the cities of Burgas and Varna. We have a large database of apartments in Bourgas, know the condition of the apartments, check apartments on the legal purity. Also help our clients to find tenants, monitor the timely payment of rent.
Dear Igor, you can send a request to us by email or by phone, as well as to see our offers on the website.

Krasimir Mitev · Answer 3 · 2013-10-01T23:13

Igor, Hello!
If you are considering Bulgaria, you have two options:
- in a large city for a long time
- in the resort area for the summer
The yield will be about the same and, of course, will depend on the original purchase price. It so happens that you can successfully buy a secondary winding, for example, at a large discount, then the percentage of earned income will be higher.
Usually expect 5-6% per annum under the best of circumstances. Sometimes 3-4%.
It is important to understand the point - who and how and on what terms to deal with the management of your apartment? Who accepts and carries out guests and ensure all points of operation?
And who will be engaged in search of clients?
There are several basic types of management contracts - you choose.
I wish you success, will be the need for contact.