These fantastic lots usually have a lot of space, and may or may not already have a house built on them.
In most cases, the houses are older and need repair, but with a bit of tender loving care they could be transformed into beautiful rural retreats. These types of country fixer-uppers usually sell for very cheap, so if you renovate them you could dramatically increase the resale value. Buying a rural property in Bulgaria means that you could have a peaceful and private place to live, in the fresh air and green spaces of the quiet Bulgarian countryside.
If you are considering buying real estate in Bulgaria in the countryside, here are some helpful tips to remember:
- Before you make the big move to purchase real estate in Bulgaria, research your location first. Take the time to find out which is the best place to look for property, and speak to others who have moved to the area.
- Think about what type of amenities you will want to be close to. How far away is the nearest shop, restaurant, hospital, pharmacy, or post office? If you are moving with your children, is there a school they can go to?
- How accessible is the property? If there is nothing but a dirt road leading up to the house, you might struggle traversing it on a rainy and wet day.
- Read about the history of the land itself. Have there been any zoning issues or land use debates? Is the well water in the area safe? Are there any disputes over property boundaries?
- When looking over real estate in Bulgaria in the countryside, check the plumbing by running the faucet at the same time as flushing the toilet. The well pressure should be able to handle both at the same time. Ask about the age of the septic tank and when it last was emptied, and ask to have the water tested.
- Keep in mind that heating your rural property in Bulgaria might be pricier than you are used to, because the building will likely be older and less well insulated.
- When you are choosing a conveyancing solicitor, select someone who is knowledgeable about the area so that they will be familiar with the history of the property.
- Ask the locals what the longest period of time has been that the power has gone out.
Often, rural areas are the last to be served during an electrical outage, and in some areas you might be forced to go for days without power. If you know this in advance, you can install a backup power generator.
These are just a few of the things that are important to consider before investing in a rural property in Bulgaria. Once you have found the ideal home in the country, you will be able to escape to your peaceful rural paradise!
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