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Off Plan Property in Bulgaria

Off plan property in Bulgaria has gone from strength to strength in recent years, firstly with entry into Europe and now with more regular flights from all over Europe. Many investors have already made considerable profits on off plan property in Bulgaria and many more will do so in the future.

There is always a but and here it is; early investors who buy to flip off plan property have mostly left the Bulgarian market and moved on to newer countries where they are willing to take a higher risk in order to make higher profits.

The market in Bulgaria is beginning to change, regardless of what some agents may tell you. The possibility to flip a property is decreasing, mostly doe to the new off plan developments that are springing up all over the country. We now recommend that investors be a little more cautious before buying in Bulgaria. You should be buying a property as a medium to long term investment as against a 12 month turn around.

Investment Property Hot Spots

Which area best suits your requirements? An apartment in Sofia that you can use or rent out for corporate lets, a ski lodge which could rent out well during the winter months or holiday home on the East coast bordering the Black Sea.

Open Air Policy
One of the most important pieces of news for investors in Bulgaria is the fact that Bulgaria is now an official of the ECAA - European Common Aviation Area - which means that there will be unrestricted access to a large number of airlines that will be flying into Bulgaria.

With Varna airport now not only capable of welcoming over 50% more flights but also delivering 50% more flights than previously and Opodo placing Bulgaria as a country into it list of top ten emerging holiday hot spots last year.

Buy to Let

The 'Open Air Policy' means that Bulgaria will be far more accessible to more countries than ever before, in turn delivering more tourists from around the world who will want to rent your new property in Bulgaria.

With major investment going into new beach and ski holiday resorts, it's clear that tourism is a major driver in the real estate market of Bulgaria and many property buyers and investors are snapping up idyllic holiday homes and buy-to-let properties in carefully selected locations.

Choosing the Right Property Investment 

On a cautious note, there are a large number of properties now entering the resale market, some of which are being sold for less than they were purchased for. The majority of these properties are located in the middle of nowhere, several miles or more from amenities and the beaches of the Black Sea.

Do not be put off by this, but learn from it. Only buy a offplan property in Bulgaria that meets YOUR criteria as against one that means the sales target of your real estate agent. Perform our due diligence and be sensible.

If a property is considerably cheaper than another, there is normally a very good reason for it.  Visit our Buying Property in Bulgaria and Propery Investment in Bulgaria pages for more information.

8gentoffplan.com is the new off plan property listing portal of 8gent real estate Ltd allowing holiday home buyers and property investors to find pre-construction / off plan property and new developments in Bulgaria and establish direct contact with developers and promoters, not only in Bulgaria but in all corners of the globe.

All property developers and promoters on our Bulgarian off plan property directory are keen to assist you in the purchase of your new apartment, villa or townhouse in Bulgaria. All off plan property advertisers are members of 8gentconnect.com™, an international network of real estate agents & property rental companies.

If you don't find your ideal Bulgarian off plan property on our database and wish to get in contact with local estate agents in Bulgaria, please visit http://www.8gentdirectory.com/bg, the largest global directory of independent estate agents.

For ready built holiday homes and second hand property for sale in Bulgaria visit our sister site of 8gentproperty.com™

Search for New Developments in Bulgaria

Use our property search facility and browse through our wide selection of properties for sale in Bulgaria including Off Plan Properties for sale, Investment Property, Golf Resort Property, Off Plan Property on the Black Sea and Sofia City Investments. The Bulgaria property section is constantly being updated with new pre-construction / off plan developments for sale in Bulgaria.