Buy investment property in Banya near Bansko Bulgaria
Off Plan Property in Bulgaria

Off Plan Property in Bulgaria

'Off Plan' purchases provide excellent return on investment in many countries. The key to why buying 'Off Plan' can be a good investment is that you only have to pay a small amount of the purchase price as a deposit and then often nothing until completion of the property at which point the rest can be financed with a mortgage. Mortgages are now available in Bulgaria for foreign buyers and this has led to an increase in demand and prices.

Buying Off Plan has benefits for both the developer and the purchaser. The developer is able to attract working capital for the project with less reliance on bank finance and the purchaser will generally buy at a discount to the expected market value of the property upon completion and will normally have the option to sell the purchase on even before it is completed.

Bulgaria currently affords many Off Plan purchasing opportunities based mainly in Sofia, in the ski resorts and on the Black Sea coast.

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