Buy real estate in Bulgaria Sunny Beach. Is it worth?
Buy property in Bulgaria Sunny Beach? Besides the partygoers? Never! This is the first thing that comes to many people’s minds when they want to buy a property and think of Sunny Beach.
The approximately 10 km long stretch of beach near Nessebar offers much more than just partying. This article summarizes the advantages you can secure as a homeowner and real estate investor on Sunny Beach.
The Sunny Beach as a TOP location on the Black Sea
Imagine… you are walking along a long beach to a small restaurant, your favorite restaurant. When you arrive at the table, you and your loved ones look at the sea, which shimmers in shades of orange instead of azure blue due to the golden rays of sunshine.
A relaxed arrival after a varied day with lots of fun in the water park and shopping in the small shops along the promenade. Everything you need, close by and easy to reach.
Why real estate investors prefer Sunny Beach
For those who want to live life to the fullest, their hearts beat faster as soon as they discover Sunny Beach. A more diverse location for a vacation home, which even pays for some vacations in advance, is hard to find anywhere in Europe.
Rental potential properties Sunny Beach
For these reasons, many enthusiastic vacationers are thinking about setting up their second home in this place. The appeal of returning at any time and at the same time being able to rent out the apartment or house to others when it is vacant are attractive considerations. How good is a property like this on Sunny Beach to rent? This question can usually be answered quickly using online platforms such as Airbnb, as the majority of accommodations are fully booked several months before the high and low seasons.
Prices for real estate in Bulgaria Sunny Beach
At the same time, the prices for real estate on Sunny Beach, as well as in the other areas of the Burgas region, are very affordable. There are only a few countries in Europe that can boast such accurate purchase prices and at the same time offer a considerable return. As in other parts of Bulgaria, the costs incurred in addition to the purchase price are very low. In most cases, no more than 10% of the purchase price is added to the advertised price for brokers, notaries and other additional purchase costs.
Rental yield for properties in Bulgaria Sunny Beach
Due to the large number of tourists from financially strong countries, a profitable margin or rental yield can be expected on Sunny Beach, despite certain vacancies outside of the season. If you don’t want to concentrate on these peaks, you can of course also purchase properties that are slightly outside the tourist areas and are therefore popular with locals.
Tip: It is important to have outstanding real estate experts on your side who have a good feel for your needs and recommend exactly the property that your desired tenants would like to move into.
Buy real estate in Bulgaria Sunny Beach
The infrastructure on Sonnenstrand or Sunny Beach is well developed and public transport regularly goes to the surrounding towns. A special feature for short journeys are the popular, environmentally friendly mini trains. For larger tours, such as a shopping trip to Burgas, buses are the most convenient way to get around.
Location, location, location
Although the connections within the Burgas region are fantastic, this only inspires a few people to take long trips because: As one of the most famous holiday resorts on the Black Sea coast, Sunny Beach has everything your heart desires. Countless restaurants, bars and shops on the promenade offer the opportunity to watch the magical sandy beach with the waves crashing in. Awarded the blue flag, the beaches are clean and the water is clear. A dream for every property owner!
However, the most sought-after properties are those located near the Stara Planina mountains. Geographically, houses and apartments are most conveniently located here and at the same time benefit from the idyll of the surrounding nature.
Forecast of Property Price and Market Developments
Buying property in Bulgaria’s Sunny Beach – now or later? As is often the case, early investors have the advantage of benefiting from favorable purchase prices and rising price trends. The sooner, the better!
At the same time, Bulgaria has become a popular destination for expatriates across Europe. More and more people are earning online and want to live where they have previously vacationed. Especially the British, Germans, and French prefer properties on the Black Sea coast. This is also a reason why previous price increases and rental rate hikes have remained constant and continue to rise.
Conclusion on buying property in Bulgaria Sunny Beach
Our statement is clear: buying property in Bulgaria’s Sunny Beach is a rewarding investment. Many associate this place with a pleasant vacation and love to come back.
You can take advantage of this fact to secure not only your own holiday home but also to generate a lucrative additional income. When choosing the right property, the question arises about your specific goals. In both cases, you have made a good decision, as you could read in the section about the property market developments.
If you are now considering a second residence or a pure investment at Sunny Beach, take advantage of the free consultation with our real estate experts. Get the latest information about Sunny Beach and its current property offerings now: