The cost of apartments in Veliko Tarnovo

Veliko Tarnovo is a favorite holiday destination for foreign tourists and Bulgarians. This is quiet and cozy place with centuries-old history, local traditions and cheap property value. The best options for apartments in Veliko Tarnovo are located in the new city. New modern residential complexes with a good infrastructure and high quality of real estate attract new buyers. The city is great not only for recreation, but also for permanent residence. High level of economy, good transport links with other regions of Bulgaria, one of the best universities in Bulgaria is the advantages of Veliko Tarnovo.
 

The great demand for property in Veliko Tarnovo encourages developers to buy a lot of land in the vicinity of the city and build new residential complexes and cottage villages. At the same time, the cost of real estate remains at the same level for 5 years. Apartments in new residential complexes cost from 20,000 euros. There are options for apartments from 15,000 euros in the secondary market. Foreigners are accustomed to the better living conditions, so they buy luxury apartments and penthouses with a picturesque view of the mountains.
 

Developers of new residential complexes offer different options for installments and even a loan for less percent than in a bank. It is very advantageous to buy real estate at the stage of construction of a residential complex. In this case, the price may be lower by 20%. Of course, the risk is present, so you need to carefully choose the developer.
 

Bulgaria is interested in new investments in its economy; therefore it creates favorable conditions for buying and selling real estate. An alien on equal terms with a Bulgarian can buy property in Bulgaria. To do this, you need to have the necessary amount of money in euros and a foreign passport. A foreigner can get a loan from a Bulgarian bank to buy real estate. Additional costs for the transaction are 4-6% of the value of the property. You can see different apartment’s options in Veliko Tarnovo on our website http://www.domaza.co.uk/apartments_in_veliko_tarnovo/