Bargain Properties Being Snapped up in All Areas of Bulgaria

The average price of a home in the Yambol and Elhovo region - about 100 Km inland from the coast - was around €10000 in Q3 and Q4 2011. There were also property purchases concluded with offers as low as €5000.

With a little more to spend on your Bulgarian property, inland areas near the coastal resort cities of Bourgas and Varna .. or near the cities of Plovdiv, Sliven, Stara Zagora and Veliko Tarnovo are popular. In these areas, prices ranged from €15000 to €45000.

And apartments in the ski resorts – which can be purchased fully furnished in operating developments – were selling in Q4 for €33000 to €35000.

Sunny Beach was the most popular coastal location for property buyers with most deals in the €17000 to €25000 range and few sales above €30,000.

For details of bargain properties for sale all over Bulgaria, visit the Property Partners BG website .. and to find out about the full step-by-step process for buying a property in Bulgaria, check the Buyers Guide section at MovetoBg.com

Related articles:
Look Inland for Today's Bulgarian Treasures
Bulgarian Property Prices Reach Their Baseline
Brits Searching for Bargains in Bulgaria's Property Market
Time to Buy in Bulgaria's Recovering Property Market
Bulgaria Gateway Property Market Analysis - Q1 2011

Read more on our websites ...
MovetoBG.com - and Twitter @MovetoBG
Bulgaria Gateway - and Twitter @BulgariaGateway
Property Partners BG - and Twitter @PropertyPtnrsBG - or on Facebook
MakeYourMoneyGoFurther - and Twitter @MoneyGoFurther - or on Facebook

Bulgaria's Real Estate Market - 4-Fold Increase in Activitry

Further signs of recovery in the property market were reported today by real estate experts citing a 4-fold increase in buyer enquiries and completed sales.

Property in Bulgaria - Today's Top Listings

Living in Bulgaria - Today's Top Stories

MovetoBG.com CEO, David Livingstone confirmed recent data from Bulgaria's Address Real Estate company indicating that the real estate market seems to have recovered from the crisis, as it has grown four times more active than in its worst period.

According to an analysis prepared by Address, properties valued under Euro 50000 are the most sought after among buyers. But even though 45% of all buyers are looking for properties at this price level, deals worth more than Euro 100000 are not as rare as they have been during the past year or so.

The report also points out that the majority of buyers are employed within the economic sectors that have remained relatively unaffected by the crisis, including the food, medical and education industries, as well as state administration and that they are now more inclined to complete deals more quickly, usually within 2 to 3 months after they start their property search..

While 2-bedroom apartments in the cities are the most sought-after property type in the domestic market, it is still family houses in the inland towns and villages that are attracting most interest from foreigners. Potential buyers are now registering interest in renovated and furnished properties in good condition priced at around €30000 to €40000 on the Black Sea coast and in low-cost rural houses for renovation in a number of inland areas, including the regions around Veliko Tarnovo, Sliven, Stara Zagora and Plovdiv.

Related articles:
Brits Searching for Bargains in Bulgaria's Property Market
Time to Buy in Bulgaria's Recovering Property Market
Look Inland for Today's Bulgarian Treasures
Rising Property Sales Reported in Bulgaria
Bulgarian Property Prices Reach Their Baseline

Read more on our websites ...
MovetoBG.com - and Twitter @MovetoBG
Bulgaria Gateway - and Twitter @BulgariaGateway
Property Partners BG - and Twitter @PropertyPtnrsBG - or on Facebook

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Bulgaria Remembers 135th Anniversary of April Uprising

Towns and cities all over Bulgaria will mark Saturday 30th April with processions, the sound of church bells ringing and cultural events in commemmoration of the 135th anniversary of the historical April Uprising.

The town of Koprivshtitsa, where the first shot of the uprising was fired, will be the focal point of the festivities, which will take place over the entire weekend. An exhibition, entitled "135 Years since the April Uprising", is opening at 5.00 pm at the architectural complex known as "Paleevi Kashti" (Paleev Houses). The Military Retreat ceremony and fireworks are scheduled for 7.00 pm at the central town square to be followed by a concert.

On Sunday, officials and the public will lay flowers at the tomb of Koprivshtitsa's most famous citizen, revolutionary leader Todor Kableshkov, in honour of the 160th anniversary of his birth. A theatre performance titled "First Shot", presenting scenes from the uprising, begins at 11.00 am.

There will be masses, celebrations and events in all the towns that played a key role in the revolutionary past of Bulgaria. Church bells will ring across the country, calling upon all Bulgarians to remember the historic date of April 20th, 1876 and those who fought for their freedom.

The April Uprising was an insurrection organised by local Bulgarians against the oppression of the Ottoman Empire. In November 1875, activists of the Bulgarian Central Revolutionary Committee met in the Romanian town of Giurgiu and decided that the political situation was suitable for a general uprising. The uprising was scheduled for April or May 1876 and the plan was that the territory of the country was divided into five revolutionary districts with centres in Vratsa, Veliko Tarnovo, Sliven, Plovdiv and Sofia.

The uprising started, but the reaction of the Ottoman authorities was quick and ruthless. Detachments of Ottoman troops were mobilized and attacked the first insurgent towns as early as April 25th. By mid-May, the insurrection was completely suppressed.

At least 15000 people were killed by the Ottomans in the suppression of the uprising. Some 80 villages and towns were burned and destroyed and 200 others were plundered. The atrocities which accompanied the suppression of the insurrection reached a peak in the northern Rhodopes where almost the entire population of 9000 people in the town of Batak, including women and children, was slaughtered, beheaded or burned alive by Ottoman troops.

The 1876 uprising was the last and biggest in a string of Bulgarian revolts but failed at the time because it only spread to some parts of the Bulgarian territories. Despite the bloodshed, though, the eventual outcome was the establishment of Bulgaria as an independent nation in 1878 .. and that is what Bulgarians are celebrating today.

For advice, assistance and information about Moving to Bulgaria, we recommend that you visit our website at MovetoBG.com - and for accommodation options, resources and services, we suggest Bulgaria Gateway

Demographic data maps directly to regional property prices

April 5th 2011 saw the release of the first tranche of express data from February's national Census by Bulgaria's National Statistical Institute (NSI)

The data released covers a range of demographic factors, including: population change, internal migration, the age of the population and residency patterns. There is a lot more data to follow but a number of significant issues have already been established, notably population shifts in the major cities. Some 73 percent of the population now lives in cities and 27 percent in villages - but it is the changes in city populations that are currently generating most interest.

While Bulgaria's overall population has declined by around 580,000 people, there are four city regions around the country for which the NSI data shows positive population growth as a result of internal migration over the last 10 years. These regions are Sofia, Varna, Bourgas and Veliko Tarnovo which, together with Plovdiv, Rousse, Stara Zagora, Sliven, Dobrich and Pleven, are amongst the regions with the biggest populations in the country,

Clearly, population movements in a particular region are linked to demand for housing stock - so it is interesting to apply comparative data to consider how the city-by-city population changes revealed by the census may be related to the respective local property markets. Here, we can usefully employ further NSI research findings about regional property prices, together with data for the values of concluded property purchases from the Registry Agency.

Much of this information has already been analysed and complied in the recently published Ten year Review of the Residential Real Estate Market by our property partners, leading real estate agent, Bulgarian Properties and our subsequent summary review of this report - Five Key Points to pull from Major Property Report

In essence, the demographic trends from the census, the property pricing data from NSI and records for the value of completed purchases from the Registry Agency combine to form a clear pattern that shows a distinct correlation between regional population, property prices and local housing demand.

While there are one or two anomalies within this summary, such as the average value of completed purchases in the Bourgas region, for instance, this pattern is precisely what would be expected. It follows logically that prices will tend to be higher in areas with an increasing population and the extra demand that this places on available housing. What is surprising, though, is the degree of clarity and consistency with which the demographic data from the census maps directly on to property prices within particular reqions ... and because of this we can conclude that long-term trends and developments in the property market are influenced as much by local demographic factors as they are by external demands and foreign direct investments.

On the basis of these conclusions - and with a high degree of certainty - everybody seeking to purchase low-priced properties with high value-for-money potential can now focus their attention towards the cities and regions with a declining population while, on the other hand, the sectors of the property market with the greatest likelihood of growth in prices will be those with positive patterns of internal migration and increases in population, namely the cities and regions of: Sofia, Varna, Bourgas and Veliko Tarnovo.

All of which, of course, is very good news for today's buyer ...

For advice, assistance and information about Moving to Bulgaria, we recommend that you visit our website at MovetoBG.com - and for accommodation options, resources and services, we suggest Bulgaria Gateway

Ryanair plans flight schedule to Plovdiv City

Plovdiv airport's executive director, Doychin Anguelov, announced today that Irish low-cost air carrier Ryanair is to hold talks with Plovdiv airport management in April with the aim of starting a new flight schedule.

Ryanair representatives will be visiting Bulgaria from 6th to 15th April. They are scheduled to meet with with Transport Minister, Alexander Tsvetkov and to visit Plovdiv airport to hopefully finalise an agreement.

Ryanair has been planning to launch flights to Plovdiv airport for several years and this latest announcement is linked to Plovdiv airport's strategy for increasing its passenger numbers and revenues.

Plovdiv is expected to become an even more attractive flight option for air companies from ist April, when its fees will be sharply reduced and will stand at around thirty percent of the the fees at the airport in Sofia.

For advice, assistance and information about Moving to Bulgaria, we recommend that you visit our website at MovetoBG.com - and for accommodation options, resources and services, we suggest Bulgaria Gateway