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

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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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Property Investment in Bulgaria's Undiscovered Gems

With a somewhat wider focus than just the Black Sea resorts, the capital cities and the centres of culture, Quest BG provides a welcome view of the property investment opportunities in one of Bulgaria's undiscovered gems.

Property in Bulgaria - Today's Top Listings

Living in Bulgaria - Today's Top Stories

Property in Sliven Bulgaria is excellent value for money as in most of the country at the moment. With all of the makings of a potential top city, impressive architecture, vineyards, spas, golf and a scenic backdrop, Sliven so far has not yet even boasted about its secret treasure.

It does little to market its wonders, letting people stumble on them instead. Fortunately, Sliven has gradually changed from a forgotten backwater into a vibrant cultural and tourist centre with excellent real estate and property opportunities.

With construction work over the past few years of new shopping malls and office buildings giving a modern feel to the town but still preserving the original, well maintained Revival character of the city for which it is famous.

Sliven is a very beautiful town with a wonderful central pedestrianised area full of shops, cafes and restaurants, with inexpensive property in the city and surrounding villages.

One of its greatest assets is its strategic location, which offers convenient access to the south-eastern part of Bulgaria, the Black Sea and neighbouring Turkey and Greece. It has a well developed infrastructure and communications network, yet property in the area is comparatively inexpensive. There are also well established manufacturing industries like the large glass, textile and metal companies which dominate the business landscape.

For anyone considering a move to Sliven or investment here, the opportunities are countless. Reminiscent of "an inland version of Varna", when Sliven gets its act together and starts its aggressive marketing campaign, this will be an area where tourists including Bulgarians from other areas, flock to spend time.

Sliven's present economy centres on industries which have been there since the early 19th century. Indeed, Sliven used to be one of the country's biggest industrial centres and played a key role in the Bulgarian National Revival. It has long-standing roots in textiles, machine-building, glass-making, chemical production and the food industries. With the rise of Communism in the forties, many industries were nationalised; this spurred a growth in construction and development. Industry prospered during the socialist era, but declined once it collapsed; many businesses and factories were shut down and there was little innovation.

Fortunately, Sliven has picked itself out of the doldrums and again has started to thrive. There has been a massive surge in the local economy with increased investment, and the emergence of new industries and banking establishments. The traditional dairy industry is experiencing a large growth in business. The wine industry is now expanding, as you'll quickly witness from the thousands of acres of vines surrounding the town; with investment from leading wine producers like Vinprom and Vini Sliven. Sliven is also home to some lucrative heavy industry including a 3MM factory, which manufactures apparatus used to cut metals. The production of electric lights and machines is also a key business here. Most of Sliven's light industry revolves around the stalwarts of textiles, especially woolen clothing and food.

Sliven has beautiful mountain scenery, and opportunities to ski in nearby Shivachevoit with a far cheaper price tag to that of the famous ski resorts of Bansko, Borovets and Pamporovo. There are also ample opportunities during the summer for those who love outdoors activities such as camping, hiking and cycling.

For the property investor, there is an enormous choice available in and around the Sliven area. A search of the listings at Property Partners BG reveals a selection of more than 200 properties priced from €5600 to €77500

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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

Bulgaria Celebrates Day of National Liberation

On March 3rd, Bulgaria celebrates its National Holiday marking the 132nd anniversary of the country's Liberation from five centuries of Ottoman dominance. A solemn ceremony, including the hoisting of the national flag in front of the Unknown Soldier Monument in Sofia, was held at 11 am.

The 132nd anniversary of Bulgaria's Liberation will be honored with traditional ceremonies throughout the country, particularly in towns and cities boasting victorious battles of Russian and Bulgarian soldiers in the 1877-1878 Liberation War. This year ceremonies will be held in Pleven, Gabrovo, Sevlievo, Dryanovo, Tryavna, Karlovo, Sliven, Plovdiv, Smolyan, Chepelare, Hisar, Nova Zagora, Straldzha, Tundzha, Pernik, and Varna

March 3 was honoured for the first time in 1880, on the occasion of the Enthronement of Russian Emperor, Alexander the Second. Since 1888, March 3 has become Bulgaria's Day of Liberation, but it was not declared a National Holiday until 1978.

The Russo-Turkish War of 1877-1878, known in Bulgaria as the Liberation War, started in the spring of 1877. Russia was moved to declare war on the Ottoman Turkish Empire after the atrocities against the Bulgarian population during the April uprising of 1876, which were made known to the world by Januarius MacGahan an Irish-American war correspondent writing for the New York Herald and the London Daily News.

Some 66000 Russian, Belarusian, Ukrainian, Finnish, and Romanian soldiers were killed and about 140000 were wounded on the Russian side of the war. About 30000 Bulgarians were slaughtered by Ottoman troops and irregulars during the fighting. On 3 March 1878, in San Stefano, a tiny town near Istanbul, a peace Tteaty between Russia and the Ottoman Empire was signed, bringing Bulgaria back to the political map. This marked the revival of the Bulgarian State, which had been dominated by Ottoman rule since the end of the 14th century.

That's why Bulgaria celebrates the day of the Peace Treaty of San Stefano as their day of National Liberation

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

Summer Property Bargains

From the thousands of properties available for sale in Bulgaria, we have identified a number of incredible bargains new to the market for the summer season. So, for everybody considering a property purchase prior to moving to Bulgaria - or looking to establish a holiday base here, these are just some examples of what is available today ...

Kotel: Huge property with 7 bedrooms .. set within walking distance of Karandila national park and just a few kilometres from Jeravna. Ideal location and a rare opportunity for completion and conversion to a tourist lodge. Priced at only 17000 euro .. vendor will consider offers above 12500 euro

Sadievo: Between Sliven and Nova Zagora, this is a well maintained 3-bed character property with a huge garden of some 2500 sq metres. Quiet and friendly village with all amenities and just a few minutes drive from Sliven for golf course, shopping, dining, aquapark etc. Vendor has priced this property at only 13000 euro but may accept offers

Binkos: Alongside the E773 Burgas-Sofia highway, just 15 minutes drive from Sliven centre in a scenic rural village where two rivers meet, this 2-storey, 3-bed property with garage, summer kitchen and a large fruit orchard offers the ideal holiday home in one of Bulgaria's most popular areas. Priced at just 17000 euros but offers around 12000 euro will be considered

Sliven: A superb plot of land with stunning views in Sliven's villa zone, located within the boundaries of Sinite Kamani (Blue Stones) national park, offering a genuine opportunity to develop the existing holiday home for family use or investment. Priced attractively at 11000 euros

Bozjurets: Plot of development land in the holiday villa zone at Bozjurets, near Balchik. Designated for a holiday villa of up to 3-storeys (10 metres), the plot is 494 square metres set around 100 metres from the front line (cliff edge) overlooking the 9th and 10th greens on Gary Players Thracian Cliffs golf course. Priced at only 11000 euro .. reasonable offers may be considered

For further information, photographs and detailed descriptions .. plus many more current property bargains, contact us by e-mail to MovetoBG Property Offers  

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