Property for sale Bulgaria

The BULGARIAN PROPERTIES site now offers a selection of apartments for sale in Sofia at prices under 800 EUR/sq.m.

In 2009 the global financial crisis led to a decrease in property prices in Bulgaria as this decrease affected all property types including apartments, houses, plots of land, etc. offered for sale and rent in Sofia. One of the most sought-after property types for buying are apartments in Sofia at a bargain price.

In order to facilitate your search for properties at bargain prices we created a special selection of apartments for sale in Sofia at prices under 800 EUR/sq.m. Why under 800 EUR/sq.m.? Potential buyers of Sofia apartment believe that in the present economic situation 800 EUR/sq.m. is a reasonable price for mass-segment properties in the capital and many of these buyers are looking exactly for such property prices. This section on our site will help you identify the cheapest apartments for sale in Sofia and get a bargain at a time of crisis.

You can view all our offers for sale and rent in Sofia here.

The price is not always the only defining factor when choosing a bargain property. Therefore, we advise you also to view our BEST BARGAIN properties section which contains all our offers at bargain prices around Bulgaria.

You can also look for a property as per specific parameters by registering for our property alerts service and we will send you all new offers matching your criteria. We will also be happy to organize viewing trips at a suitable time for you.

If you have any questions please contact us.

At present there is a wide choice of offices and trade areas in the big cities around Bulgaria. Now is the right time for buyers and lessees of offices as they have a great variety to choose from and can use their strong position to negotiate with the sellers and lessors in order to get the best possible price. Therefore, BULGARIAN PROPERTIES’ office and trade areas specialists think that the situation on the market is suitable for investing in a business property or for renting a more luxurious property at a good price. Although we always follow the individual needs and requirements of our clients here are some pieces of advice that can be used as guidelines by all those interested in buying or renting an office:

1. Use the crisis as best as possible. A crisis on the real estate market does not happen often and it brings with it very good possibilities for property investments including in office and trade areas as well as for renting a better office of a higher class. There will always be demand for business and trade properties in the big cities and that is why they are a safe investment. Keep track of what is offered on the market in order to make the best deal.

2. Choose the right moment for buying or renting of an office. The falling of the prices does not happen in a flash. It is a process that takes at least a few months. You can follow the decrease of the prices and buy when they reach their lowest. It is hard to say when exactly the bottom is reached therefore turn for advice to your reputable real estate consultant. Choose the right moment to rent a better office at a better price.

3. Know your resources. Prices have decreased and it you are very likely to think that the resources you have can get you a much bigger and prestigious office. Yet do not overestimate your abilities but assess them well. Do not forget that owning an office means permanent expenses for maintenance and taxes. When you are renting an office bargain for the best price and sign a long-term agreement.

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Countact our Manager for Business and Commercial Properties, Sofia - Elena Terzieva

View our office and trade area offers

More on the topic:

Bulgarian Business Properties Analysis – Offices and Shops Sales and Rentals 2009

According to the latest analysis of the Bulgaria National Statistics Institute (NSI) the average decrease in home prices compared to 2008 is 28%. The average price of residential properties in Bulgaria for the period July-September 2009 is 1,021 BGN (about 522 EUR) per square meter as for the same period last year the average price was 1,418 BGN (about 725 EUR) per square meter.

In Sofia residential property prices have decreased by 6% in the third quarter of 2009 compared to the previous quarter but they still remain among the highest in the country – at an average of 1,640 BGN (about 838 EUR) per square meter. Only the apartments in the Black Sea city of Varna are more expansive as in the third quarter they were sold at an average price of 1,770 BGN (about 905 EUR) per square meter. In Varna the price decrease compared to the previous quarter is only 3%. The other city with comparatively expensive residential properties is Bourgas. Compared to the last quarter prices there have fallen by 6% and are already 1,379 BGN (about 705 EUR) per square meter.

The analyses of BULGARIAN PROPERTIES on the changes in property prices in 2009 show similar data to that of the NSI as the decrease in the different property segments caries between 25 and 55%.

Read more on the topic:

BULGARIAN PROPERTIES' 2009 Analysis of Business Properties – Offices and Shops Sales and Rentals

Mountain Resorts in Bulgaria Offer Lucrative Property Prices

The Crisis Didn’t Bypass Rural Properties in Bulgaria

The Elite Property Segment Will Be the First to Recover

Over the past year we have received increased number of enquiries by our clients, who are willing to sell their active businesses or separate business activities. There are many factors contribute to the decision of a company owner to sell their own businesses. Our desire to help our clients as we have been doing with the sales of their properties, has lead us to the idea and creation of our newest company organization BusunessForSale.BG. This is a consultancy organization which conducts mediation services in the buy-sells and marketing of companies, businesses, enterprises, brands, patents, licenses, franchise and others.

BusunessForSale.BG will lay the foundations of a real market demand and supply for company mergers, acquisitions and rentals and will make this market in Bulgaria much more transparent and accessible for all local and foreign investors. At this moment there is no public data base with systemized information about businesses for sale and rent in Bulgaria and at what prices they are offered. BusunessForSale.BG's website now offers more than 200 businesses for sale all around Bulgaria and this number will continue to grow. These are not only big enterprises, but also small and micro companies, which are offered at lower prices and will be much more liquid assets once the market supply and demand is in place.

Analysis of the market conducted by BusunessForSale.BG shows that at the moment 2/3rds of the active companies in Bulgaria experience considerable difficulties in doing business, as well as serious misbalances in their financial streams. The most negative reflections of the crisis are experienced by the big companies with wide ranges of activities, while their small competitors are in relatively better financial conditions due to their lower fixed costs and better-optimized structures.

Bulgarian Properties Ltd. has been number 1 in real estate sales to local and foreign buyers since its creation in 2003. The company expanded its activities during the boom on the property market in Bulgaria, achieving a very big portfolio of over 37,000 properties, as well as completing tens of thousands of property sales over the years. At present, there is no other real estate company that can boast such a high number of sold properties, quality of service and knowledge about the various aspects of marketing, advertising, legal regulations and the modern business models in the field of real estate in Bulgaria.

If you have any questions about our new brand or you wish to buy or sell a business in Bulgaria, you can call us on +359 2 9 11 50 or send us an e-mail

According to BULGARIAN PROPERTIES’ 2009 analysis of business properties the market of sales of offices in the capital Sofia has been very quiet since the beginning of 2009, as the supply varies greatly but there is no demand even after prices fell considerably in the last year.

Currently, office prices per square meter do not go below 1,500 Euro as there is a wide choice of offices with prices between 2,000 to 2,700 Euro/sq.m. for offices in class A buildings or in the city’s ideal center. In Sofia offices in new buildings in the wide center area, along Bulgaria Blvd. and in the quarter of Lozenets are offered between 1,500 and 2,000 Euro/sq.m. Prices of class A offices for rent in Varna vary a lot – from 8 to 16 Euro/sq.m. as about 5 months ago these offices were offered at prices between 10 and 18 Euro/sq.m. Most lower-class offices are offered at 5-8 Euro/sq.m. and price discounts reach 20%.

In 2009 most offers for shops are for rent but there are a number of interesting offers for sale as well. Prices vary a lot – from 1,100 Euro/sq.m. for shops in the wide center area with not so attractive location to over 2,700 Euro/sq.m. for shops with a window on a main boulevard in Sofia. For this type of properties discounts are an exception – only 8% of these properties have discounted prices and the discounts are less than 10%. Some of the shops offered for rent can be bought at a reasonable price with the help of BULGARIAN PROPERTIES. The shops on the central shopping street in Varna are offered for rent at prices between 20-25 Euro/sq.m. which are similar to those of shops in sought-after areas in Sofia.

As a whole, there are very few deals for sale of offices and shops in 2009 which shows that offer prices are above the actual market prices. What is typical is that when a buyer is interested in an offer, during the negotiation process the price of an office or a shop can be reduced by up to 30%.

If you wish to receive the full analysis on your e-mail please click here.

View all our offers for office areas

View all our offers for shops

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One of the first laws which the Bulgarian parliament adopted aiming to stimulate the Bulgarian economy is the minimum foundation capital for establishing a limited liability company to be decreased from 5,000 BGN to only 2 BGN (about 1 EUR).

The main aim of the law is to stimulate entrepreneurs, to create new jobs and new goods and services to appear on the market. Currently, Bulgaria is one of the countries in the world with the lowest minimum foundation capital.

Another change to the law is the minimal nominal value of a share to be decreased from 10 BGN to 1 BGN and the value of each share to be multiple by 1.

Read more about company registration in Bulgaria

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According to the 2009 analysis of BULGARIAN PROPERTIES for the prices of holiday homes in the big ski resorts in Bulgaria the apartments in Bansko are the most sought-after mountain properties.

The average price of a Bansko apartments is 640 Euro/sq.m., the analysis shows based on actual concluded deals during the period May-September 2009.

The reason the apartments are the most sought-after property type in the resort is that their prices are more affordable and this type of property can easily be managed and rented out to receive additional income.

According to the company’s data the number of deals concluded with holiday homes in Bansko this summer is not less than those concluded in the summer of 2008 which is a positive trend on the background of a 40-percent decrease in the sale of all property types for the same period on an annual basis.

However, the reasons for the more dynamic market in Bansko this summer must be sought not only in the drastic decrease in prices. One of the trump-cards with which Bansko attracts more and more tourists are factors like the good quality of the construction and the many extras which the developments offer, including outdoor pools which practically make the mountain a great place to be all year round. In the summer Bansko also hosts a number of fests one of the most famous ones being the Bansko Jazz Fest which was held in August this year for a twelfth time.

From October 2nd till October 4th 2009 Bansko will also host the first tourism market Traditions with Future. The participants in the event will include municipalities and town halls, companies offering holidays and entertainment services, SPA hotels, tour operators and tour agents, tourism associations, information centers, and companies working in the hotel and restaurant equipment sector. National and natural parks, schools, non-governmental organizations, companies dealing in specialized software, advertising agencies and publishing houses, banks and insurance companies, and entertainment animators will also present themselves at the forum.

If you wish to receive the full analysis on your e-mail please click here.

View all our offers in/near Bansko

View our BEST BARGAIN properties

View our DISCOUNTED PROPERTIES