Little Known Ways to Profit from Bulgarian Property

When you’re in the pub talking to the local barman about life, the universe and what’s what and you discover that they’ve just gone and invested in an off plan ski apartment in Bansko you really know you’ve missed the boat – no offence to the theoretical barman in question, but if everyone and his cat knows that property in Bulgaria is the place to invest money, chances are all the big opportunities have been sold out.

However, Bulgaria is still an attractive, well packaged, accessible location that has room for growth for a few years yet – but what you really need to know are the little known ways to profit from Bulgarian property that will set your investment approach apart from the rest and ensure that your real estate ambitions are realised when other areas of the investment marketplace are saturated…

For example – if you’re thinking of buying an apartment in Sunny Beach or a condo in Bansko think first about the concepts of saturation and oversupply.  If on the other hand you’re thinking of a way to promote Bulgaria to the UK baby boomers in search of a safe overseas country with a relatively temperate climate where their pension will take them far further then you’re about to begin to see potential – hint hint!

Away from the madding (maddening?) crowds on the beaches and in the ski resorts, a few investors have begun buying up attractive village properties in communities such as Hotnitza and Rujitza for example where there are already at least a few Brits and they are renovating these properties with a view to selling the ‘lifestyle’ as well as reselling the renovated and pristine property to those hungry for an affordable, attractive retirement retreat.

Targeting a particular buying sector of society such as those Brits approaching retirement age where there is strong demand to own a property as well as a certain amount of affordability and then really getting to grips with understanding that demographic group and what they want from a home is an excellent approach to profiting from Bulgarian property.

Another approach is considering the student market – there are at least seventeen colleges and universities in Bulgaria, very few of which provide accommodation and all of which are actively working to attract and retain greater student numbers – these students need affordable bed-sits, apartments and shared houses and buying such property is currently affordable, it can return a decent and reliable income and be a good long term capital appreciating asset.

Or what about speculatively investing in parcels of land?  Or developing commercial premises in developing locations popular with the wealthier overseas buyers?  Or what about buying large but more remote properties and developing them as guesthouses and reselling them as a going concern having marketed them to those who enjoy outdoor pursuits…come on, get your thinking caps on, look past the obvious and discover all the little known ways to profit from property in Bulgaria and make your move.