Analysis of negative reviews why you should not buy an apartment in Bulgaria?

“I'm afraid to get on the “divorce” and buy a house with debt or a mortgage, since forums often write about how the Bulgarians throw buyers.”

Reading stories about how the Russians have taken a property in Bulgaria according to various fraudulent “schemes”, many customers fear to buy an apartment mortgaged at the Bank or, for example, with the heirs.

Indeed, the Bulgarian legislation does not forbid to sell the property mortgaged at the Bank on the mortgage. And the duties of the notary is to check for encumbrances.

“If I do not live year-round in the apartment, including my neighbors, then after the winter it will mold.”

Yes, high humidity on the coast does lead to the appearance of mold in the not-ventilated and cold apartments, which are located mainly on the first ground floor.

The sea is not limited to sand, and goes for another few miles away in the form of groundwater, the depth of which not more than one or two meters. As a result of poor waterproofing of the houses on the first and second lines, the water can seep into them. As a result, over time, crumbling plaster and mildew.

How to avoid this problem?

Bad waterproofing of houses is characteristic only of old buildings, built before 2010, when the construction of the chasing speed and the dash��isney.

In most apartment complexes and homes built in the last 5-10 years and provided for year-round use, this is not a problem.

“I'm afraid to buy an apartment in Sunny beach, since a lot of negative reviews about the poor quality of construction of local apartment complexes.”

Often homeowners in Sunny beach, who decided to save money and bought the apartment “for nothing”, write negative reviews because of their deplorable condition and denigrate the entire city, although as in any city there are decent buildings, and there are slums.

The shore not more than 50 years. Development and mass construction started relatively recently in 2000-ies. This period was characterized by a huge demand for apartments by the sea and was therefore accelerated and simplified construction. Of course the quality of these houses was low and was explained their purpose "a summer place".

Since 2010 began to grow, the demand for apartments for permanent residence. As a result, has changed the approach of developers to build. There was a modern apartment complex, suitable for year round living.

“Property prices in Bulgaria are rising, but rather falling. If you want to sell the apartment, I lose 10-15%.”

Many doubt whether to buy an apartment in Bulgaria near the sea in 2020, because they do not believe that, if necessary, can recover the money invested.

Not to get into a situation to invest your money, we recommend you to focus on the secondary real estate. At the same time, pay attention to the quality of construction and level of management company.

“Some have bought apartments in the complex, which, as it turned out, mainly foreigners live. The management company was to put a huge bill. To change the management company was very difficult, as it is practically impossible to collect most of the owners are foreigners to vote on the issue. Afraid to be in the same situation!”

These are isolated cases. Typically, in the complexes rarely raise the maintenance fee. As the price of bread, the maintenance fee can rise when there is inflation. In normal companies it is stated in the support contract. There are also cases when the maintenance fee on the contrary decreased when, for example, in 2014, was the deflation.

“In recent years, the Russians are actively selling resort real estate on the Bulgarian coast. Then they are disappointed with your purchase?”

As those who has relevant and reliable information about the state of the property market in Bulgaria, I can confidently say that in fact quite a few Russians sell their homes. Many live here long enough, stay in the offseason and not going to part with his property by the sea.

And those who decided to sell the apartment in Bulgaria took this decision because:

1. Appeared unforeseen circumstances, possible financial difficulties. In these situations people leave only the most necessary for life, and the rest sell.
2. With age they have problems with health, became difficult to carry flights and the long journey, so I decided to return home to the children.
3. At the time, bought an apartment on the coast as the country to take the summer children to the sea. Over time, the children grew up, they had their Affairs and concerns for the summer, and the apartment just was not needed.

Let's summarize.

The real estate market in Bulgaria, as in any other country in Europe has its pitfalls and dangers. Cons of buying property near the sea in Bulgaria is. But they are all associated with:

• the lack of knowledge of local legislation;
• lack of up-to-date information on real estate market trends;
• cooperation with unscrupulous realtors.

If you weigh all FOR and AGAINST and to build their own value of money (ratio price/quality), then buy an apartment in Bulgaria near the sea now, while here the most affordable prices in Europe.