Property in Stara Zagora, Bulgaria

Just when you thought that Bulgaria had nothing more to offer property buyers than over-priced villas and apartments in summer sunshine resorts on the Black Sea coast, or over-subscribed chalets and penthouses in the winter ski resorts in the snowy mountains, along comes property in Stara Zagora in Bulgaria!

Stara Zagora is located in central Bulgaria, it is a large and beautiful city benefiting from excellent road transport links and access to both the Burgas airport and Sofia’s airport, it is a city with huge tourism appeal and excellent commercial potential, it has one of the best climates in the entire country and even better than all this, property for sale in Stara Zagora is a fraction of the price of property in Sofia, on the coast or in the ski resorts whilst demand for real estate in this city is increasing, thus representing an immediate opportunity for property investment returns.

Stara Zagora is strategically important and economically critical for Bulgaria.  It has a perfectly central location making it a regional, national and cross border transportation hub, furthermore it has an excellent communications backbone, an aforementioned good road network and it also has a superior rail network for both commercial and passenger transportation throughout Bulgaria and beyond to important eastern and western European cities.

Its strategic importance combined with the fact it is a manufacturing and processing centre for everything from textiles to coal, from electrical energy to food means that it is a city gaining significant foreign direct investment interest from international companies seeking a low entry level into these economic sectors within Europe.  Now that Bulgaria is an EU member state it is an enticing opportunity for commercial investment.

As well as all of these positive factors highlighting the fact that Stara Zagora is poised on the verge of significant economic advancement is the fact that the city is famed for both its healthcare and its education establishments and it is a tourism centre growing in significance.  The city is shaded from the harsher aspects of Bulgaria’s climate by the Balkan Mountains and many have compared the region between the Balkan Mountains and Sredna Gora mountains in which Stara Zagora is located as being similar in climate and landscape terms to Tuscany in Italy.

In terms of the attractions the city boasts for tourists and those considering living in Bulgaria, it has a 940 acre park, shady boulevards, welcoming people, a lively café culture, fantastic wining and dining opportunities, opera, theatre, art galleries, museums, ancient ruins, fantastic shopping and natural hot springs and slowly but surely international tourism interest is increasing meaning that all the ingredients are in place for Stara Zagora to advance economically and for its property market to benefit accordingly.

Just looking around at property in Bulgaria and what’s available today in Stara Zagora (January 2007) you can buy a 5,000 square meter plot of land 12km from the city for EUR 36,500, you can buy a brand new spacious, 2 bed apartment in the centre of the city for EUR 57,000 or a 120 square meter house on a 5,000 square meter plot of land which is in need of updating but not total renovation for EUR 29,200 – this property is in a village with a pub, post office, church, medical centre and pretty river and located about 30 km away from Stara Zagora.