What will be the best place in the Balkans to live in 2020? Bulgaria! Yes, Bulgaria has achieved this record which has made us curious. So much so that we have decided to devote our column today to this very subject. Is it worth investing in Bulgarian brick? If you are curious to find out more, all you need to do is read the next few lines. Perhaps you will want to take that long-awaited step and reallocate to this country! Let’s discover why the best place to live is Bulgaria !
Let us try to understand, before analysing the Bulgarian real estate in detail, the potential of this nation. According to various surveys conducted, the foreign population that has decided to reallocate to this place is more than satisfied with the quality of life and the investment made. There is no shortage of work, especially in alternative technologies. And it is precisely the high level of supply that has pushed so many potential buyers into the Bulgarian market, both for work and real estate.
More than 20.000 expatriates of 180 different nationalities have opted for Bulgaria.
But what makes this land so unique?
What were the characteristics that made investors in this state fall in love?
First and foremost, it is a nation with a unique culture. The natural landscapes that frame it are among the most incredible in Europe. And although the tourism industry is still developing, the numbers speak for themselves. Bulgaria is one of the best places in Europe to invest in the real estate market.
Therefore, investors have chosen this country for different reasons. But without a doubt, the cost of living and the combination of jobs – cheap investment, define as the best place to live is Bulgaria.
The convenience also lies in some psychological reasons. The investor, choosing this country, however, does not give up the possibility of comparison with other Western countries. With only two hours of flight time it is possible to reach all major European cities. This element has been decisive to allow the local real estate market to “warm up” and become more attractive.
Let us now face the numbers that have made this strong interest possible. For a lease, less and less required, we are talking about 300 euros per month. The motivation behind the scarcity of contracts of this type is mainly one: investors prefer to buy a property in Bulgaria, considering that it would be an important investment but that, over time, would prove to be profitable.
The prices related to the signing of a contract of sale, therefore, revolve around the 1,607.65 BGN , which corresponds to about 800 euros.
Despite the fact that it is a ”100% European” nation, the differences in terms of benefits in terms of costs and quality of life are really countless. For this reason, it is no longer easy to identify a precise category of buyers in terms of age who clearly choose this country. Now it’s clear why the best place to live in the Balkans is Bulgaria !
What will the future of Bulgaria be like? Certainly positive, given the great wave of migration it is experiencing. However, we advise those potentially affected to be prompt. Excessive demand could lead to an exponential increase in prices in the real summer!
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