City property prices are significantly down in Bulgaria, offering shrewd buyers huge potential to purchase a city pad at incredibly affordable prices. Any European capital offers more security for property buyers as there is consistent demand for housing. Rental returns are currently at a good level, as sale prices have decreased but rental prices have remained consistent. In terms of EU funding, the cities, particularly Sofia, is where most of the money will be spent. For an alternative to Sofia, the ancient city of Veliko Turnovo also offers good potential with affordable property. We take a look at three hot city properties in Sofia and Veliko Turnovo.
Fully furnished 2-bed apartment located in the old heritage part of Veliko Tarnovo for 47,500 euro
This apartment is located in the old protected part of Veliko Tarnovo overlooking a river and near to the 13th-century fortress. It is set in a three storey building and provides 81 sq m of living space. There are two bedrooms, kitchen/dining area, living room, shower room with toilet and a balcony.
The apartment is ready for occupation, is fully furnished and benefits from central heating system and air conditioning. It comes also with a basement and garage (exceptionally useful for town living where parking can be difficult). Excellent value.