FinanceThe property

Property for Rent in Bulgaria

As statistics show, the share of real estate transactions in Bulgaria with the participation of citizens of Russia is about 80%. Some buy housing for their own permanent residence in the country, someone plans to just relax in their living space in the summer, and at other times to rent an apartment.

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And the one and the other option has undoubted advantages and disadvantages. Let us consider them in more detail.

Benefits

Real estate on the beach will bring its owner a stable income throughout the holiday season. Moreover, the prices for daily rent of housing are always greater than the cost of renting for a long period of time. Therefore, the advantages of buying apartments near the sea in the first place will be high rental prices, a long tourist season, the availability of great demand. The price of accommodation will depend directly on the proximity of the apartment to the sea. Also in elite apartments, the cost increases with the availability of a guarded parking lot, swimming pools, equipped khon recreation, gyms and other signs of improvement.

disadvantages

But there are disadvantages. An apartment in such an area will cost you very expensive. In addition, it is likely that in the off-season the number of tourists will decrease significantly, and for some time your living space will be idle, and utility bills need to be paid all year round.

If you plan to rent out the property daily, then take care of the internal improvement: there must be furniture, household appliances (refrigerator, washing machine, air conditioning and so on), dishes, bed linen.

In the case of long-term lease, housing is not in great demand not on the seashore (mainly because of high prices), but in large cities of the country. Here, no longer does proximity to the beach matter. Much more valuable will be the availability of heating in winter periods and the overall insulation of the apartment.

For example, in the capital of Bulgaria, Sofia, thousands of tourists annually rent housing to spend several months in the city and get acquainted with all the sights. Also in the housing need students, foreigners who came to work, businessmen who arrived for negotiations. The cost of renting a home in the capital is quite large. It almost coincides with the prices on the sea coast. But there are pluses here: housing in large cities is required not only in the warm season, so the apartment will not be idle in the winter. In addition, long-term lease will allow you for a long time not to think about finding new tenants, which again will save you the resources and resources that you would spend to pay for the services of realtors. But still you lose a little money, because long-term rent costs much less than the daily rent.

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