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Bulgarian property prices dropping up to 20%

traditional Bulgarian houses for sale

traditional Bulgarian houses for sale

Bulgarian property prices are still on the decline mainly due to people eager to sell a property.

Recent news updates from the Bulgarian real estate industry have reported that in many cases people with properties on the market are continuing to lower prices up to 20% in an attempt to sell.

The biggest price falls are in towns and villages in rural locations, like the Veliko Tarnovo area, where prices in some cases are nearly half to what buyers originally paid. Village houses continue to offer exceptional value to buyers considering purchasing property in Bulgaria. There is a great variety of rural homes and house and if you’re up for some renovation challenge there are homes as cheap as 4 000 Euros.

Alternatively if you do your homework there are plenty of bargain properties which have been renovated to a very high standard and on the market fully furnished for as low as 25 000 Euros!

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