Golf Property in Bulgaria
What are the current trends of property sales close to top tourist destinations compared to properties near golf courses?
Purchasing villas within mountain or seaside golf courses has been a big hit lately with the traditional British and Irish buyers of holiday properties in Bulgaria. Buyers’ keen interest in such properties is set to rise steadily for the next years because property prices in Bulgaria
are a number of times cheaper than matching properties in Western Europe. In Spain, for example, the price of houses offered in golf course areas is 3,000 – 4,000 euros per square metre, whilst in Bulgaria the villas in the future golf course area between Razlog and Bansko are currently offered for 1,500 – 1,600 euros per square metre, and for 1,700 – 1,800 euros per square metre in the area of Balchik. These prices are nearly 30% bigger than prices of houses and flats in the new holiday destinations. In Bansko, for example, holiday homes cost 1,200 – 1,400 euros, and 1,100 – 1,200 euros per square metre in Balchik.
As a rule, villas within sports complexes are more expensive than other properties close to these sports amenities. The return on investment in golf courses can be attained by selling villas and overall management. About 80% are foreign investors who intend to rent out.
At present, the profit from holiday properties is between 5% and 7%, yet higher yields are expected from the villas in the golf courses.
The moment the news of a new golf course project is announced, it launches upward the price of plots in the area.
If you are interested in investing, either in plots close to existing golf courses or golf courses under construction, or if you want to buy a holiday property in or close to golf courses, we will gladly help you acquire it. For more information, go to www.golfinbulgaria.net.
Purchasing villas within mountain or seaside golf courses has been a big hit lately with the traditional British and Irish buyers of holiday properties in Bulgaria. Buyers’ keen interest in such properties is set to rise steadily for the next years because property prices in Bulgaria
are a number of times cheaper than matching properties in Western Europe. In Spain, for example, the price of houses offered in golf course areas is 3,000 – 4,000 euros per square metre, whilst in Bulgaria the villas in the future golf course area between Razlog and Bansko are currently offered for 1,500 – 1,600 euros per square metre, and for 1,700 – 1,800 euros per square metre in the area of Balchik. These prices are nearly 30% bigger than prices of houses and flats in the new holiday destinations. In Bansko, for example, holiday homes cost 1,200 – 1,400 euros, and 1,100 – 1,200 euros per square metre in Balchik.
As a rule, villas within sports complexes are more expensive than other properties close to these sports amenities. The return on investment in golf courses can be attained by selling villas and overall management. About 80% are foreign investors who intend to rent out.
At present, the profit from holiday properties is between 5% and 7%, yet higher yields are expected from the villas in the golf courses.
The moment the news of a new golf course project is announced, it launches upward the price of plots in the area.
If you are interested in investing, either in plots close to existing golf courses or golf courses under construction, or if you want to buy a holiday property in or close to golf courses, we will gladly help you acquire it. For more information, go to www.golfinbulgaria.net.
F.A.Q.
Why to invest in Bulgaria? Because the conditions for investing money in real estates have never been more favorable; Because Bulgaria is a country with unlimited opportunities and one of the most attractive destinations on the real estate market in Europe; find out more
Why to invest in Bulgaria? Because the conditions for investing money in real estates have never been more favorable; Because Bulgaria is a country with unlimited opportunities and one of the most attractive destinations on the real estate market in Europe; find out more
Interview Galina Stoyanova
The market of holiday properties tends to be most attractive in long term perspectives find out more
The market of holiday properties tends to be most attractive in long term perspectives find out more
Property Management
Have the property management services become popular with property owners yet or are they still distrusted? find out more
Have the property management services become popular with property owners yet or are they still distrusted? find out more
Golf Property in Bulgaria
What are the current trends of property sales close to top tourist destinations compared to properties near golf courses? find out more
What are the current trends of property sales close to top tourist destinations compared to properties near golf courses? find out more
Prices of properties
Is there a methodology measuring property prices and changes in them? find out more
Is there a methodology measuring property prices and changes in them? find out more
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We have positioned our pages advantageously to gain search engine ranking of 5 and 6 and to generate over 3000 unique visits daily from all over the world. find out more
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We are a well established real estate company with first hand experience and complete understanding of the local real property market place and we are aware that few property buyers have enough money sitting in the bank... find out more
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When they are trying to sell their properties, property sellers in Bulgaria tend not to list with one particular agent. Instead, you could see the same property advertised for sale... find out more
When they are trying to sell their properties, property sellers in Bulgaria tend not to list with one particular agent. Instead, you could see the same property advertised for sale... find out more
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If you think that you can sale well and need just a little help to find your way in the foreign environment and need up-to-date and true information – then you need Us! find out more
