If You plan purposefully to buy an apartment, flat or house in Bulgaria for a further lease and get a good income, it is important to approach the selection of the object, as not all types of property are effectively rented.
This article will help You to avoid mistakes and properly approach the question of finding a property in Bulgaria for rent and receive a high rental income!
RESORT PROPERTY
TIP # 1: "Only the best beach resorts"
If You are planning to buy an apartment in one of the resorts for passing tourists in the summer season* (June to August), look for options on the leading beach resorts in Bulgaria- Golden Sands, Sunny Beach and Sunny Day, because here goes main stream of tourists.
*the most profitable months are July and August, but in rare cases also available for renting in may and September.
TIP # 2: Only completed facilities with good statistics"
It is important to understand that recently built or are in the process of construction of resort complexes are only able to plan the scale of the lease and, as a consequence, only assume your profit as the owner of the apartment - about any guarantees and speech cannot be.
Therefore, experts in the field of real estate in Bulgaria is recommended to watch the finished objects, working for more than a year and with good statistics (e.g., the occupancy of the facility in the summer season at least 80-90%). It is reasonable to look for complexes that have contracts with the leading tour operators.
TIP # 3: "More comfort - more income!
Popular real estate in Bulgaria on the sea, offering vacationers the following amenities:
- internal infrastructure (spas, shops, swimming pools, children's entertainment, etc.);
- space (quadrature);
- furnished;
- sea views from the Windows, etc.
These amenities make your property more attractive to tour operators and individual tourists, allowing monthly high income!
How much can you really make money on renting a holiday home rental in Bulgaria?
Profit from renting apartments or apartments for rent, of course, depends on the management company, working with your object, and the category of the apartment complex (stardom), the quality of housing and intensity of the season.
For example, the income from renting out a small Studio can be from 1500 € per month, and luxury apartments from € 6,000 per month!
URBAN REAL ESTATE
In such the major cities of Bulgaria, Sofia, Varna, Plovdiv and Bourgas lot of people come from the surrounding area and other regions for work or study. That is why there is always a large demand for year-round rental apartments.
Let's analyze the profitability of rental property in Sofia, Varna and Plovdiv and select the type of accommodation, offering the best yield!
Sofia
In the capital of Bulgaria the greatest demand is for a Studio apartment, so to obtain a stable high income from the rental on a year-round rental costs to buy just one.
As the table shows, the yield above 6% real for virtually every type of real estate in Sofia, except for the houses!
| Type | The average rental price | The average price of housing | The yield |
| 1 room | 239 | 32220 | 8,9 |
| 2-room | 292 | 57540 | 6,1 |
| 3-room | 473 | 85320 | Of 6.65 |
| Penthouse | 800 | 158490 | 6,06 |
| The house | 1750 | 371150 | 5,66 |
To look at real estate prices in Sofia
Plovdiv
In the second largest city in Bulgaria brings the highest yield leasing one and two bedroom apartments – 8,93%. The lowest return have a house in Plovdiv – 4,73%!
| Type | The average rental price | The average price of housing | The yield |
| 1 room | 160 | 21500 | 8,93 |
| 2-room | 232 | 31180 | 8,93 |
| 3-room | 306 | 45840 | 8,01 |
| Penthouse | 382 | 89050 | 5,15 |
| The house | 657 | 166850 | 4,73 |
Get acquainted with offers for the sale of real estate in Plovdiv!
Varna
In the sea capital of Bulgaria houses possess the best yield from rent – to 8.41%, which is an order of magnitude greater than yield of 1-room apartments.
| Type | The average rental price | The average price of housing | The yield |
| 1 room | 140 | 25965 | 6,52 |
| 2-room | 225 | 485 | 5,61 |
| 3-room | 320 | 70250 | 5,45 |
| Penthouse | 560 | 116660 | 5,73 |
| The house | 1225 | 174725 | To 8.41 |
View apartments and flats for sale in Varna
Specialists of the company "BolgarskiyDom" will help You in finding and buying real estate in Bulgaria in order to rent it out and get the maximum income. We will not only help you find the accommodation you are interested in in Bulgaria, but also correctly execute all the necessary documents!
