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Rural Properties – The Alternative Holiday Homes in Bulgaria
BULGARIAN PROPERTIES published an overview of the rural property market in Bulgaria for the first three months of 2009.
According to the company rural properties in Bulgaria have diverse qualities and each region offers houses with unique characteristics, location, size, etc. and, naturally, with corresponding higher prices. Also, each area has its typical parameters regarding the built-up area and the size of the yard. This means that depending on the region the big yard or living area cannot always be used as a distinguishing feature that could increase the property price and make it stand out, as many of the other properties would probably have the same parameters.
The company comments that currently foreign buyers of rural houses still outnumber Bulgarian buyers though the latter are becoming more and more active. Foreign buyers do not look for rural properties only in the popular and expensive villages around the bigger cities. On the opposite, they see no difference whether the property is 20 or 50 km from the town and sometimes even see smaller and more secluded villages as an advantage that also has a lower price.
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Many are moving away from the crowded and expensive markets of Western Europe to explore new opportunities in countries like Bulgaria, Romania, and North Macedonia. These locations offer lower costs, rich culture, scenic beauty, and affordable property prices, making them attractive for diversification.
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