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With the investment that is currently being injected by the EU into developing the tourist resorts of Bulgaria, it is no surprise that there are numerous apartment complexes being developed. A variety of developers are building apartments along the Black Sea Coast in areas such as Sunny Beach, St Vlas, Nessebar and Golden Sands (See About Bulgaria) These range from one or two bedroom apartments to studio flats and are built with high quality fittings. Many of these offer communal facilities such as swimming pools, gardens, restaurants, security and are built with easy access to the beach. There are also excellent opportunities in mountain resorts such as Bansko which offer both skiing and trekking for year round rental income.
These apartments offer an excellent opportunity for investors or for people simply looking to own a second home abroad. With the increase in tourists visiting Bulgaria these properties also offer excellent rental potential. The prices offer excellent value in comparison to countries such as Spain with two bedroom apartments from as little as £35,000. The sales process is also straightforward with no need to register a company and payments made in stages.
Off-Plan
One of the best ways to purchase one of these apartments is to buy them “off plan” at the earliest stage of development. Many of these developers offer discounted prices before the project is out of the ground, as the project gets closer to completion the prices tend to rise. Rila Properties Ltd work with a range of developers building apartments in a variety of sizes and styles at locations along the Black Sea Coastesorts. For further information on these see Property Search or Contact Us.
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