Property in Sunny beach

Sunny Beach – resort No. 1

Sunny Beach is the largest and, perhaps, the most famous resort on the Black Sea coast of Bulgaria (not counting the large port cities of Varna and Burgas). Before the crisis, it was one of the main destinations for buying resort housing from foreigners.

The main buyers of real estate in Sunny Beach are Russians, Ukrainians, British and Bulgarians themselves, although due to currency fluctuations, the number of Russians decreased by almost half in the first half of 2015 alone.

The real estate market of Sunny Beach is represented by multi-apartment residential complexes along the beach strip.

At the moment, the resort's real estate market is mainly represented by secondary properties. This is due to the high density of existing buildings and the lack of land available for construction. At the same time, most of the offers are apartments in coastal residential complexes.

The cost of housing

Apartments on the third line (600 m from the sea) are sold at a price starting from 10,500 euros, furnished economy class apartments on the first line cost 2-2.5 times more expensive. So, a studio (studio apartment) with an area of 32 sq. m. apartment in a residential complex with a swimming pool, located 600 meters from the sea, is offered for 12,300 euros. A 2-bedroom apartment in a 5-minute walk from the beach will cost 30 000 - 40 000 euro. The cost of apartments in the luxury real estate sector can reach up to 200,000 euros.

The offers of houses on the Sunny Beach market are calculated in units, so their cost starts from 6 digits, which is a rare phenomenon for Bulgaria. They are mainly concentrated outside the resort in nearby villages and villages Kosharitsa, which has several complexes offering this type of housing.