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Translation (From English Only)

Buying Off Plan Print E-mail


Buying an ‘off plan’ apartment in Bulgaria is essentially the same as buying in the UK and means reserving a property on a new development before the property is completed, often before construction has started.

Buying ‘off-plan’ can prove a fantastic investment and prices are extremely competitive at this early stage as potential investors only have floor plans and artist impressions of the finished development to view and developers are keen to sell to minimise risk and to provide the project with some forward momentum.
You then have the option of selling straight away upon completion for a profit, or you can hold on to your property for further rental/capital growth whilst having a great holiday destination to visit.

Holding on to the property for a longer-term means you can benefit from Bulgaria’s accession to the EU in January 2007 where considerable appreciation is expected throughout the Bulgarian real estate market, with holiday apartments expected to lead the way and appreciate the most in value.
'Off Plan' purchases have provided spectacular returns for hundreds of people over the last couple of years. The real key to why buying 'Off Plan' can prove such a good investment lies in the fact that in many cases you only have to pay initially a deposit as low as between 10% - 25% of the purchase price and then nothing until various stages of the project are completed.
Buying off-plan takes some courage, but is financially rewarding. Prospective purchasers should bear in mind that property with a good investment potential sells extremely quickly, in the emerging markets such as Bulgaria, property sells within days of the new complex releases.
First Line BG Property ltd will point you in the right direction and assist you to choose an investment project that would provide the best returns. We work hard to only handpick the developments offering high returns and best possible security.