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The local people in Sofia known also as “Shopi” have a cheerful folk song that states that there’s nothing higher than Vitosha Mountain, and there’s nothing deeper than Iskar River in the world. As for the trade and luxury showcases there is no other place in Sofia to can compare withVitosha boulevard.

Vitosha boulevard is one of the main thoroughfares in the Sofia’s center, which starts from the “St. Petka” Square, continues through the top center, intersects with boulevards "Patriarh Evtimii" and "Bulgaria", passes through the district “Ivan Vazov” and finishes at the crossing of The South Park. People of Sofia and tourists of the city love to walk on this boulevard, because of the multiple shopping options available in the boutiques and luxury shops, restaurants, bars and cafes located there.

In the pedestrian part of "Vitosha" boulevard, known as "Vitoshka", there is no auto traffic. In contrast, there are various social events regularly organized on the boulevard.

Many people compare this boulevard with the popular Champs Elysées in Paris. The street lighting is has been changed to look even more attractive.

Vitosha boulevard

After opening the new metro station "National Palace of Culture," which is located under the boulevard, and improving infrastructure, the interest in the emblematic "Vitosha" boulevard is very strong and the area regained his allure and the feel of city center.

You have a property for sale near the “Vitosha” boulevard? We have a client for it!

Our company www.Cash4BulgarianProperties.com specializes in the quick sale and letting apartments, which are located near the “Vitosha” boulevard. There is great interest from our clients (cash buyers and tenants), who are ready to buy or rent apartments near the “Vitosha” boulevard immediately. According our statics for the last quarter of 2015 we have received more than 50 enquiries from clients who are willing to purchase or rent a property near the “Vitosha” boulevard.

The apartments, located near the “Vitosha” boulevard, always were a “Hot Spot” for purchase or rent from Bulgarians and foreigners.

Property analysis by www.Cash4BulgarianProperties.com are showing the current market levels for selling and renting prices:

Selling prices vary from 950-1300 euros / sq.m, depending on in which part of the boulevard are situated. The highest prices are in the region in the pedestrian zone.

You have a property for rent near the “Vitosha” boulevard? We have a client for it!

Renting prices depends of the type of the apartment and it’s condition:

Vitosha boulevard Sofia city

The architectural complex on Vitosha boulevard located in the section from the Courthouse to the National Palace of Culture, consists of about 50 buildings. Shops are located on the ground floor and above them about 3 - 5 floors are occupied by business offices and housing. With a few exceptions, the buildings are built between the two World Wars.

Further improvements of the boulevard are to be made in the near future. To solve the parking problems of the local people an underground parking will be built under the boulevard with a capacity of between 200 and 300 vehicles.

Our company www.Cash4BulgarianProperties.com offers its customers Free Property Valuation, Free Analysis of Finalized deals in the area of the “Vitosha” boulevard.

Year 2015 has emerged as a successful for Bansko and particularly for real estate sector in the region. Indications that we saw during the summer, then took a number of world events /Jazz festival, Bansko beat and many more/, which generated huge interest and brought together people from around the world. Number of enquiries and realized deals has increased by 15% compared to the same period of the previous year. During the summer months, British buyers were the main engine on the property market in Bansko. Strong pound has played the main role for returning the interest of the British citizens on real estate market in Bansko region. Decreased interest by 40% from the dominating Russian buyers until last year was observed. Weakening of interest from Russian buyers is mainly due to the Russian crisis, the devaluation of the ruble and imposed restrictions of the country by the European Union.

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The average price of sold apartments in Bansko for the second quarter of 2015 was 380 euro per square meter. The average purchase price of apartments in the resort is € 23,000. Again, the - large interest in apartments were the complexes located near the Ski Lift (Bansko Royal Towers, Belvedere Holiday Club, Vihren Palace, Sport Hotel). Usually there is a high interest to the well managed and maintained complexes (St. Ivan Rilski Hotel & Spa, Winslow Infinity & Spa, Casa Karina and Green Life Ski & Spa). Most demanded apartments are studios, one and two bedroom apartments.

St.Ivan Rilski Hotel & Spa

If you are looking to sell apartment in any of the above complexes, we will find a buyer for your apartment in short term!

The major factors influencing in the final decision to purchase an apartment in Bansko are location, positive goodwill of the complex in which the property is located, good management, reasonable maintenance fee and availability of SPA center.

We can conclude the worst for the property market in Bansko region already passed. The market is stabilizing and slowly starting to recover from the crisis with increased number of sales and termination of the downward trend in prices.

winslow infiniti and spa

Expectations for the upcoming winter season are positive. Forthcoming new office of Cash4BugarianProperties is opening in early November. It is located in the Lobby of Winslow Infinity and Spa Complex. Our specialists will be pleased to welcome you and assist you in all matters regarding the property market in Bansko. You can take advantage of our Professional Free Property Valuation which will be prepared within 24 hours without paying any fees.

Boyana, Dragalevtsi, and Simeonovo are differentiated from other districts in Sofia with the fact that they are gated communities. They all have multiple benefits that make them preferred residential areas in Bulgarian capital city, Sofia. Let’s take a closer look at each of these residential areas and why they attract investors and residents alike.

Boyana district

Boyana is among the most prestigious suburban quarters, located at southern Sofia. It is a drawing place for foreign investments and residents with high social status. Initially, the quarter has been a village in the vicinities of Sofia, but later it became a quarter of the continuously growing capital.

Boyana is situated at the foot of the Vitosha Mountain, which is declared the Balkan Peninsula’s first National Park. Its neighborhoods are Dragalevtsi and Knyajevo quarters. Among the best advantages of Boyana are the clean air, excellent mountain views, and the quick access to downtown thanks to the well-developed infrastructure. Boyana offers lots of greenery and peaceful ambiance that contributes to the healthy lifestyle of its residents.

Boyana

Two of the greatest attractions of Boyana are the Boyana Church dating from Х - ХІ century and the Boyana Waterfall, a river that flows between the quarter and Momina Skala Hut, forming numerous swift currents and waterfalls of about 15 meters in height.

Residential construction in the area mostly consists of new, luxurious houses with yards. There is also a new gated complex where people have the opportunity to choose between 1, 2 or 3 Bedroom apartments. There are newly constructed business buildings, where companies can rent or buy an office.

Analysis of prices on the apartments for sale and rental in Boyana district, Sofia 2014:

Average selling price:

Average rental price:

Dragalevtsi district

Dragalevtsi is another Sofia district, located at the foot of the Vitosha Mountain. Dragalevtsi has a favorable location between the city center and the prestigious Boyana quarter, which makes it a perfect place to live and a great place for successful investments.

dragalevski_manastir_2013_web

The local residents, as well as guests often spend weekends in Dragalevtsi, as they prefer to walk in the mountains breathing a fresh air and go to the favorite Aleko peak by chairlift, where they usually visit the St. Mary Dragalevski Monastery. Tourists may enjoy the accommodation options available in the Dragalevski area that offers comfortable 3-star hotels with their own restaurants or gardens with barbecue and a luxury 4- star complex.

Analysis of prices on the apartments for sale and rental in Dragalevtsi district, Sofia 2014:

Average selling price:

Average rental price:

Simeonovo district

Simeonovo district is the third quarter located at the foot of the Vitosha Mountain, offering a convenient and fast access to the city center. This exclusive district is built primarily with luxury houses, gated complexes and villa areas. The Simeonovo’s neighboring quarters are attractive Dragalevtsi and Bistritsa.

simeonovo lift

The location offers an unmatched feeling of calmness, stillness and beautiful nature, combined with a well developed infrastructure that makes it easy for the residents to access the city center and other parts of Sofia. People characterize the region as an excellent place to live because of the wonderful scenery and fresh air.

 

Analysis of prices on the apartments for sale and rental in Simeonovo district, Sofia 2014:

Average selling price:

Average rental price:

All these districts in Sofia offer great opportunities for local and foreign investors. Please, consult with the experts from www.Cash4BulgarianProperties.com to learn more about the available investment options in each of these exclusive Sofia’s quarters.

Barcelo Royal Beach is a great complex with perfect location in the center of Sunny Beach resort, just 50 meters from the sea. The most attractive and luxurious complex is an amazing combination of modern 5* star hotel, six hull of different types apartments for sale at bargain prices and a shopping center (mall) with many places for entertainment and recreation. The building of Barcelo Royal Beach features a perfect combination of breathtaking traditional Mediterranean architecture and mystical elements. The unique architectural design in a harmonious combination with the surroundings, make the Barcelo Royal Beach complex in one of the new emblems of Sunny Beach resort. This philosophy in the construction of the Barcelo Royal Beach made it possible to create the biggest garden in Sunny Beach, which has an area of ​​over 9000 square meters. This garden is a masterpiece that conveys prestige, exotic and luxury, which perfectly depicts the logo of the complex. The combination of natural plants, rocks, sand and water is the perfect place to escape the noise and hustle of everyday life. Pool bar and restaurant in the garden of Barcelo Royal Beach, the 4 swimming pools with different shapes and sizes (one indoor and heated), numerous places of entertainment and relaxation are a guarantee for rest and relaxation. For those who need specific therapies to restore vitality, Barcelo Royal Beach offers first-class SPA and a Health Center, including saunas, jacuzzi, recreation, medical services and more. Regardless of the relaxation procedure you need, you'll always feel special. The cosmopolitan atmosphere of Barcelo Royal Beach resort is complemented by a unique, first of its kind opened Mall in the Bulgarian Black Sea coast. This includes more than 120 stores and 6 different thematic restaurants.

The History of Barcelo Beach Resort Apartment Complex

The construction of Barcelo Royal Beach started in the fall of 2005 and the complex was opened in the beginning of the tourist season in 2007. The total number of apartments for sale is 504 of two different types - studio and one-bedroom apartments. All are offered for sale fully furnished with stylish modern interior design and high quality furniture meeting the most exacting tastes and requirements. For the most part, sales of apartments in Barcelo Royal Beach were realized at the "off-plan", at price levels 1000-1250 Euro per sq.m. The main share of thesebuyers were citizens of the United Kingdom, who then took advantage of the comfort and benefits that had British pound against the Euro.

Investments in Bulgaria

Analysts of the Forex market remember well that at that time Currency Exchange Rates positions were GBP 1/1.40-1.50 EUR. With its investment in the Barcelo Royal Beach property owners first realized profits that materialized after the devaluation of the British Pound in 2009-

10 to levels of 1.15-17 EUR. The global economic crisis and subsequent recession collapsed the prices of the real estates in Sunny Beach with up to 20-30%. However, and though most of the apartment owners who purchased one of those properties were not aware, even with this financial changes, UK buyers were able to preserve their investments and be protected from losses. Barcelo Royal Beach is one of the best managed complexes in Sunny Beach and over the years all of the apartment owners receive a guaranteed annuity, which increases the returns to the invested capital to each of them. The foreign exchange market recovered positions in recent years. GBP 1/1.21-1.23 EUR is very stable and so it is clear that the purchase of an apartment in a quality and luxurious complex as Barcelo Royal Beach in Sunny Beach is a guaranteed Investment and brings good profits even just in a few years. On the Bulgarian property market prices also remained stable, with no tendency to move up or down beyond the statistical error. If you own an apartment in Barcelo Royal Beach complex and need to sale your this property, you can easily transgress to deal and realize a good profit. Current state of the market ensures the realization of sale at price levels 700-800 Euros per sq.m., which is another proof of the best Investment that you have made. If you need a real estate agent to deal with the sale of your property, in the collaboration with our company Cash4BulgarianProperties.com can find a trusted partner without any upfront fee and no obligation. At our customer base we have a long list of potential buyers who are immediately ready to buy your apartment in complex Barcelo Royal Beach at a price for a studio of around 33 000 Euros and the price of one-bedroom apartment up to 55 000 Euros. Any attempts to sell an apartment in Barcelo Royal Beach of Sunny Beach over these price levels currently, is very speculative and doomed to failure.

Investments in holiday properties in Sunny Beach resort, Bulgaria

Sunny Beach

Bulgaria continues to be in the TOP 10 tourist destinations that must be visited, and Sunny Beach remains the most popular Bulgarian holiday resort. The trend of positive growth was maintained over the past few years, according to statistics of the State Tourism Agency (STA). From the perspective of the real estate market, raising the rating of Bulgaria as a tourist destination should mean increased interest in the purchase and rental of vacation properties. Despite the positive signs however, Sunny Beach does not seem change the dynamics of the property market nor are there trends for higher prices. Reasons for this are a number of unresolved problems in the resort infrastructure, low quality of tourism services at very low prices of accommodation that do not guarantee a good return for professional Investors in real estate. The liquidity of the property remains low, the profitability of rental apartments in Sunny Beach resort is about 5% per year, which means a weak returns. At the moment, on the secondary market, we have apartments for sale at bargain prices that can become the perfect place for your summer vacations and holidays. In the long term however, perspectives and estimates are pretty good as the Burgas area has emerged as the first megapolis in Bulgaria. Reinforcing tendencies are that more foreign customers, from different nationalities, are interested in buying a property in Bulgaria. It draws prospects of the real estate market in Bulgaria and ensures its growth, because we are coming out of the bubble crated by United Kingdom and Irish citizens at the start of the property boom. Now, these are mostly in the role of sellers and the buyers mainly from Russia. At the moment, the real estate market has a dominant interest in the Black Sea resorts. Sunny Beach again remains the preferred place for the purchase of property. Extremely low prices, favorable moderate continental climate and low cost of living continues to be the main motive for the purchase of holiday property in Bulgaria.

 

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