Bulgaria: A Hidden Gem In Europe

When you think of beautiful places to visit in the world

, it is not often that one mentions the country of Bulgaria. This country is just north of Turkey and attracts tourists from all over Europe and the Middle East. Bulgaria has a rich history and is responsible for many of the traditions found throughout eastern Europe. With mountains, seaside, villages, and resorts, it has become a travel destination as well as a smart place to make the investment of real estate. Property in Bulgaria is very reasonably priced and has continued to drop. It is a great time to buy and have the property as a rental when it is vacant.

In the mountains of Bulgaria one will find numerous villages and resorts geared towards the skier. These resorts are open during the skiing season and offer quaint lodging as well as allow the skiers to enjoy the diverse mountain ranges found in Bulgaria. Buying a property in Bulgaria in this area would be an investment that could yield a high return if it was rented out to skiers from out of town. Many around the area come to ski here and pay to stay in the mountains. While there are resorts in the area, there are large families or groups that would prefer to stay in a private house. This is when a nice rental would be a wise investment.

You can hire a management company to help rent it out and manage it if you are not the area or even in the country.

Another type of tourism in Bulgaria is in the seaside. This is where people come to enjoy moderate temperatures and the beaches. The same thing can be said of the seaside as the mountains; many like to stay at resorts but others like to stay in homes with more space and freedom. If you had a rental property on the shore, it would probably experience an influx of visitors during the summer months. Rents are at a premium during the peak seasons and the investor will usually be able to make some money during those months. Just as in business, it is important to research when the high seasons are and when to expect the low seasons.

A property in Bulgaria can be a long-term investment that provides a reasonably high yield if you are able to keep it maintained and establish a marketing plan. Online reviews from vacationers and long-term rental users are crucial to this type of investment. When people go on a vacation, they may be more apt to stay at a chain hotel as that is where they have a comfort level but with positive reviews, your property may sway them otherwise.

by: James P Martin

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