Cheap property with land on coast of Bulgaria
You won't beat this property for value for money!
The North coast of Bulgaria is sought after as it offers miles of sunny sandy beaches, the best golf courses in the country, modern resorts and beautiful places to visit, like Lake Durankulak which is close to this property.
Blue Skies cottage is located on the edge of the village of Zahari Stoyanovo, named after the famous Bulgarian writer and freedom fighter. It’s a solid good condition property that has loads of potential.
It has 910 sq.m. of land in the Deed, but in reality there’s 1129 sq.m. That’s a quarter of an acre.
The property has three rooms, with two external entrances, offering scope for arranging accommodation according to your requirements. There is mains water and electricity connected and telephone/Internet available. The bathroom is outside, but this can be fitted inside at reasonable cost. The important thing is this is a good property, with a lot of land and is very well located in a beautiful area popular with holidaymakers and nature lovers.
The beautiful Lake Durankulak is just 8 km down the main road, and from there south on the main coastal road are endless sandy beaches, three very impressive golf courses, and famous resorts like Balchik, Albena and Golden Sands all the way to Varna city and the airport.
When we visited the property in early November the temperature was 24°C! Compare that to a cold and wet of northern Europe and you can see why coastal Bulgaria is consistently sought after for holiday and permanent homes. The cost of living is just about the lowest in Europe but infrastructure in this coastal area is excellent.
As an investment Blue Skies Cottage it is likely to do well. Firstly, this sale price is very low. In fact, crazy low! , especially as property prices have been increasing in this part of Bulgaria for at least the last five years and show no sign of slowing. Prosperity is on the rise and such prices are going to appear even more silly in the future.
Check out the data on the Bulgarian economy yourself. You’ll be pleasantly surprised. Government debt is about the lowest in Europe. Personal and corporate taxes are the lowest too at a flat 10%. Add in the inflows of money from the EU and you can see why the country is doing well. Think Ireland in the 70s and 80s. A small country that should prove a safe haven for your money.
Is also a place that won’t be expensive to own. Property taxes are minimal at around €50 a year, and water electricity costs on modest by Western European standards. Purchase costs are low too at €600. This covers everything including notary officer, contracts, property registration - everything. The only possible additional cost is if you want to sign from outside Bulgaria, in which case you need to pay a local notary officer where you live to witness signing of documents.
Blue skies cottage represents truly amazing value for money at just €6,900. In fact, take the challenge of spending a week house hunting in this area and see what the best price you can find. The least you’ll find will probably be at double this super low offer, if not more!
Plus, you can have the peace of mind knowing the paperwork of this property has been exhaustively checked and is in order, for quick transfer of clean title.
Contact us today to secure your bargain home in the sun.
Selling prices of real estates in Bulgaria are in Euro. For your convenience, on our website you can check what the equivalent of the selling price is for the present day in both currencies – USD and GBP. This equivalent is calculated automatically and is bounded with the currency exchange rate for the specific day, therefore it may vary.