Buying Property in Bulgaria’s Sunny Beach

Summary: Taking a look at the appeal of property in Bulgaria in Sunny Beach for real estate investors

If you find yourself currently dreaming about Bulgaria’s beautiful mountains and sunny, seaside resorts and thinking about buying a property in Bulgaria to live in, holiday in or invest in you’re not alone.

Bulgaria’s star is most certainly on the rise with investors, expatriates and vacationers alike.  This ancient country’s admission to the European Union only plays a small role in what is making buying property in Bulgaria so popular.  With fabulous resorts like the Sunny Beach area under development long before EU entry, it’s clear that Bulgaria has been positioning itself to be a major destination for quite some time.  In this article we look specifically at buying property in Bulgaria’s Sunny Beach.

Property investors will find there are a lot of places to explore for potential financial returns in Bulgaria and the Sunny Beach area is just one of them, but this already-arrived and popular resort is worth a closer look especially as more people make Bulgaria their destination of choice for their annual holidays.

Located about 35 km outside of Bourgas, the Sunny Beach area is noted for its incredible Black Sea frontage.  The resort area is the largest along the sea and it features more for visitors to see and do then they might realise at first glance.  The fact is, with more than 100 hotels, several campsites, a bounty of restaurants, nightclubs, shops, an outdoor theatre and more, Sunny Beach is “the” Bulgarian seaside destination.

The region is also incredibly family friendly, providing lots of things for children to do.  It even boasts 24-hour childcare so holiday makers can dance the night away or play in the casinos and not worry about their little ones.

Investors here will find the region’s prices do reflect its offerings and popularity.  Since Sunny Beach boasts average summertime temperatures of 27 degrees Celsius, a massive expanse of pristine sandy beach and activities around the clock, there’s no mistaking why prices here are a bit higher than in other parts of the country.  Still, it is possible for investors to get in on the market upswing while the getting is still good.

More resort properties are currently under construction in Sunny Beach and it’s also possible to purchase from past buyers.  Although purchases start out in the EUR 35,000 range, they quickly climb to much higher heights.  Finding freestanding, single-family homes in the Sunny Beach area is nearly impossible, but nearby Bourgas has more than its bounty.  Investors will find the market here is so hot for buyers and visitors that most new resort purchases come with a rental income guarantee.

With activities that range from hiking and biking to swimming, sailing and disco dancing, the Sunny Beach resort area is worth a closer look if you want good returning property in Bulgaria.  Providing all the draws of the Black Sea in the warmer months and some incredible activities in the winter as well, Sunny Beach is a big tourist destination and it likely will only get bigger since Bulgaria’s official entry into the EU and the wider promotion of the nation as a great place to visit.

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