Countries in the south of the EU are attracting property buyers. The top countries include Greece and Bulgaria. They have a similar culture and mentality. Among the advantages are picturesque landscapes, a variety of traditional dishes, luxurious beaches. Property in Greece and Bulgaria is available on the primary and secondary markets. Choosing it, consider not only the advantages of apartments. Pay attention to the features of the countries. We offer to find out what is better: Bulgaria or Greece. The review will help you make the right choice.
Where to buy property: in Bulgaria or Greece
Buying a flat or townhouse at the sea is a good idea. Property is bought to go on permanent residence or holiday in Greece or Bulgaria. Another reason is investment. Investments in property in the EU are considered safe. Also buy housing by the sea to rent square metres to tourists. At the height of the season you can get a tangible passive income. Millions of tourists go on holiday in Bulgaria and Greece.
To understand where it is better to buy property, let's compare both countries by such criteria:
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Salary level (median). In Greece - 1700, in Bulgaria - 1000 euros. But in Greece there are problems with employment. Many jobs are seasonal. They are connected with the tourist season.
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Living standards in Greece and Bulgaria. Both countries are members of the EU. In Greece there are higher prices for essential goods. This levels out the significant difference in salaries. The cost of living in Greece is high. Let's also take into account the high cost of travelling by public transport.
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The cost of property in Greece and Bulgaria. For a variety of inexpensive property should go to Bulgaria. Here the prices for flats and flats are attractive. In Greece, property is expensive, especially in the island part.
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Climate. In Bulgaria it is milder. The weather is not as changeable as in Greece. Summer in Bulgaria is not as hot as in Greece. There is also less rainfall in autumn and spring. Summers are mild, with no drought.
When considering whether to buy property in Greece or Bulgaria, consider your preferences. Evaluate the budget allocated for the purchase, and additional payments. In Bulgaria you can choose a new flat from the developer at a favourable price. In Greece, housing in the primary market is expensive. Consider also the high cost of utilities. Monthly you will have to pay up to 350 euros. In Bulgaria - up to 200 euros.
Popular resorts of these countries
Having considered the pros and cons of life in Greece and Bulgaria, you will be able to decide. It is also recommended to consider the region of buying a home. In Bulgaria among the popular - Sunny Beach. The resort on the Black Sea attracts a mild climate. Picturesque landscapes will complete the experience. Sunny Beach is chosen by tourists of all categories: families with children and young people. If you buy a townhouse or a flat, you can rent it out profitably in the season. Bulgarian Resales agency has offers for your budget.
Among the popular resorts in Bulgaria are Sveti Vlas, Elenite, Nessebar and others. These are small settlements. However, property in them is invariably popular. Everything is created here for a quiet and measured holiday by the sea. Also in the southern EU country are interested in property in Burgas. This city attracts tourists, students and businessmen. Affordability of prices opens up opportunities for investment.
In Greece, tourists choose the capital Athens and islands, such as Crete. These are picturesque places with a rich history. However, property here is expensive and remains unaffordable for many. Therefore, Bulgaria is deservedly considered more attractive for investment.
