Bulgarian Property Investment

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Over the last two years there has been so much hype about investing in property in Bulgaria and this Lens is an attempt to separate the facts from the fiction.

I have travelled extensively through out Bulgaria, visiting the coast, the mountains, the plains.....It is a beautiful country although certain areas have been spoilt through over development.

I now own eight rural properties in Bulgaria and work for a small real estate agency in Stara Zagora. My aim is to help others purchase property in Bulgaria either for a holiday home, resale or investment and ensure they enjoy the whole process.

To the left is a picture of one of the houses I purchased for just 6,500 Euros.

Rachel

http://www.thetravelbug.org

My Bulgarian Property Nightmare 

A Cautionary Tale for Would-be Investors (eBook Version)

I decided to write the above ebook to warn others about the perils of investing in off plan property and more importantly, how to avoid falling for all the hype that surrounds Bulgarian property investment, particularly areas like the Black Sea Coast and the ski resorts. 

My intention with the ebook is to take you through my experiences, pointing out where I went wrong, what I should have done that I didn't, how you can avoid the same problems and steps you can take to try and ensure a smooth purchase if you do decide to pursue an off-plan investment. 
I also take you on a journey across Bulgaria and tell you about the places we visits, the spots we stayed in and sights we visited. At the end you will find a large selection of useful resources and links to hotels, forums, car hire, websites and more. 

There's A Lot of Hype About Property In Bulgaria But How Much of It Can You Trust?

Full of useful tips straight from a Brit whose first Bulgarian property experience turned into a nightmare, "A Brit's Scrapbook: My Bulgarian Property Nightmare", allows you to see what can go wrong and avoid the pitfalls as Rachel shares the benefit of her experience.

Although Rachel lost a lot of money (not to mention time and energy sorting things out) on her first attempt to buy a ski resort apartment - she has no regrets...

In fact, Rachel has since bought 8 more properties and is moving (to live) in Bulgaria in the near future.

In this true account you'll learn what can go wrong, what to do if it does and why Bulgaria is still a great choice for people keen to invest, holiday or live there.

Inside this book:
*Guard Against Your Own Nightmare With Candid Tips, Hints and Lessons Learned
*Essential Pointers For Avoiding Trouble
*What To Do & Who You Can Call When Things Go Wrong
*Rural Properties vs Off-plan Apartments - which is best for you?
*The Buying Process Explained In Full
*Sensible Advice on Planning Your First Viewing Trip
*Essential Links, Resources and Forums

To purchase the ebook please click here

Been Here Nearly A Year 

Well I have almost been in Bulgaria a year now. In that year I have managed to make many new business and personal contacts, finally got my new house build finished, have two court cases proceedings with the original builders (DreamHome.bg) and am now the owner of 9 houses and a plot of land.

I have my own office in Stara Zagora and have also done some relocation work to help foreigners coming here on short term work contracts to find apartments and settle in.

I just need to organise internet at my house and then I hope to be able to update this blog at least once or twice a week to let you know what I have been getting up to.

Rachel

Recommended Links 

TheTravelBug
For more information on my experiences, further details of my properties and details of a couple of proeprties for sale visit my website.
My Bulgarian Property Nightmare
There's A Lot of Hype About Property In Bulgaria But How Much of It Can You Trust?

Full of useful tips straight from a Brit whose first Bulgarian property experience turned into a nightmare, "A Brit's Scrapbook: My Bulgarian Property Nightmare", allows you to see what can go wrong and avoid the pitfalls as Rachel shares the benefit of her experience.

TheTravelBug Blog 

What I am upto in Bulgaria

See what is happening in my life in Bulgaria.

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CD Publications on Bulgarian Property Investment 

CD sets on various aspects of buying and renovating property in Bulgaria

Buying A Property In Bulgaria: Your Questions Answered (Double CD Set)

CD One:

Jo shares some of the secrets of her own adventures including:
Where she bought property
How she bought property
Restrictions on foreign buyers
How to set up a company in order to buy a house

CD Two:

Learn all about:
Dealing with estate agents
Viewing tips
Potential Purchasing Pitfalls

Click here to purchase the CD set

Renovating A Property In Bulgaria: Your Questions Answered (Double CD Set)

CD One:

Jo shares her tips on starting your project including:
How to find an architect
Finding a builder
How to spot and avoid the common Bulgarian property renovation pitfalls

CD Two:

Learn all about:
Budgeting your project
How to get the best from your architect
The ins and outs of planning permission
Top tips on running your project from start to finish

Click here to purchase CD set.

Bulgaria Made Easy: The Property Investor's Toolkit (eBook Version)

A Complete Resource Kit Specifically Designed For Property Investors That Are Considering Bulgaria!

"Bulgaria Made Easy: The Property Investor's Toolkit" has been developed specifically for foreign buyers. It's a comprehensive resource that covers everything you will need to know to invest in the Bulgarian property market with absolute confidence.

It provides investors with clear, plain-English information on:Various ownership laws;
Cultural differences and the language barrier; and,
The costs involved with buying property in Bulgaria.
You won't miss a step with the "Purchase Process Checklist". It will clarify your options and guide you through the entire buying process.

Your Kit Contains:
*Bulgaria Made Easy e-book containing:
*Property Details Form
*My Property Criteria Form
*Towns Research Form
*Property Inspection Form
*Property Management Proposal Form
*Purchase Process Checklist
*Estimated Returns Calculator (.xls)
*Purchase Costs Calculator (.xls)
*Income and Expenses Calculator (.xls)

This comprehensive kit contains all the investment tools and information you'll need in a quick and easy to use format. The time and frustration you'll save with this simple resource is well worth your investment.

Click here to buy

Bulgarian Property Related Items for sale on Amazon 

The Secret of Shelter Island: Money and What Matters

Amazon Price: $14.82 (as of 07/10/2009) Buy Now

Articles on Bulgaria 

Extracts from articles on Bulgarian and property investment there

Top 5 Tips For Buying Bulgarian Property Off-Plan

In August 2004 I entered into a disastrous agreement to purchase an off-plan apartment in Bansko, Bulgaria. Eventually after around a year of heated correspondence with the developer and a court action...

Click here to read full article to read full article

5 Key Things To Look For When Buying Rural Property in Bulgaria

A lovely rural house in a charming Bulgarian village can still be bought for as little as 5000 Euros in some areas but what should you consider when viewing such properties and making a decision on whether to buy rural property or not.

Click here to read full article to read full article

Planning A Successful Bulgarian Property Viewing Trip

So you have scoured the internet for hours and hours and noted down hundreds of properties you would like more information on and to visit. But how can you ensure you have asuccessful viewing trip and...

Click here to read full article to read full article

Investing in Bulgaria - Which area is right for you?

Bulgaria is a very diverse country and so offers various investment options. However, you need to think carefully about which area and which type of property is right for you and your circumstances......

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More Publications on Bulgaria 

Books on Bulgarian Property Investment

How To Buy Property In Bulgaria - Where Else Can You Get A Rural Retreat for just £3,500?

Full of useful tips straight from a British property investor who learned what she knows the hard way, A Brit's Scrapbook: How To Buy Property In Bulgaria will reveal all the little secrets for being successful in finding your ideal holiday home or investment property.

Joanna Losack bought her first Bulgarian investment property in May 2004 for £3,500 and saw it double in value a mere 4 months on. This information is red-hot right now and anyone even considering buying in Bulgaria would do well to consult this book first.

Click here for ebook version and here for paperback version

by thetravelbug

I have always been interested in property investment and at the start of 2004 started looking at froeign property investment. I live in the UK and Bul... (more)

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