Often wanting to buy real estate in Bulgaria, attracted by relatively low housing prices, which are several times lower than the cost of similar facilities in Russia. The Internet is literally full of hot deals for 500 euros per “square” and even below. Whether this cost? What can you buy for this money?
Experts of Agency "BolgarskiyDom" revealed that the residential property market in Bulgaria you can buy objects of economy class cost in the region of €500 per meter. However, the buyer should not hope that for the money you can buy a house really high quality on the first or second line of the sea.
This is especially true for new properties, due to high construction costs. Experts say that today the costs of construction companies are around €300-400 per meter. It is logical that with the high cost of modern Bulgarian apartments from the Builder should cost a minimum of €600-700, and luxury apartments - €1000-1500. However, even in this scenario the value of Bulgarian property are significantly below the Russian.
So, if you want to buy the high-quality property in Bulgaria, in immediate proximity from the coast, look at the above rates or a cheaper property in a not very prestigious areas and in good distance from the sea.