Where is it better to buy an apartment: in Turkey or Bulgaria
Real estate in Turkey and Bulgaria: price
The home is pleasant, but the sea is better. Many people want to be closer to the sea and buy a second home in resort countries. Among the most popular countries for buying property abroad, Turkey and Bulgaria are worth highlighting, which can offer excellent apartments at the best price.
Where is the best place to buy an apartment abroad: in Turkey or Bulgaria? Housing prices in these countries are about the same. Pricing is influenced by the distance from the sea, the quality of construction, and the development of the nearest infrastructure. Naturally, luxury houses on the first coastline are much more expensive than ordinary housing far from the sea. As for budget options, you can find affordable apartments of good quality in both countries.
In recent years, Bulgarian property prices have become slightly lower. It is due both to the global situation in the housing market and to the peculiarities of the local real estate market. Since the nineties, construction has been actively carried out in the country, so there are more offers than buyers. Therefore, developers often offer promotions, discounts, and installment plans for housing.
There are also a lot of reasonable offers in Turkey. Buyers can profitably invest at an early stage of construction or purchase a finished apartment or house. Unlike Bulgaria, Turkey offers mortgage lending and interest-free installments for foreigners, making the purchase more affordable.
Quality life in Turkey and Bulgaria
Several major aspects affect the comfort of living:
- Infrastructure. In this aspect, Turkey wins since most of the infrastructure of resort towns works year-round. As for Bulgaria, entertainment facilities here are closed at the end of the holiday season;
- Airlines. Many flights, including low-cost ones, allow you to quickly and cheaply get to Turkey, even in the summer, even after the holiday season. With Bulgaria, the situation is more complicated. There are many flights in summer, but in winter, planes fly to the country less often;
- Prices. In Bulgaria, life is cheaper. Prices for Bulgarian products and services are lower than in Turkey. However, in terms of the cost of fuel, car rental, and some other parameters, the countries are equal;
- Culture. Turkey is a Muslim country, but the Turks have a respectful attitude towards foreigners. Bulgaria is closer in terms of the similarity of language and mentality for a Russian-speaking person.
It is also worth considering the features of the access mode. You don't need a visa to visit Turkey. Only Ukrainians with a biometric passport can enter Bulgaria without a permit. Citizens of Ukraine without a biometric passport and Belarusians, residents of Kazakhstan, to travel to Bulgaria need to contact the consulate to apply for a visa and pay the fee.
Buying an apartment in Bulgaria or Turkey with Hayat Estate
Hayat Estate is an international agency that helps citizens of Ukraine, Belarus, Kazakhstan to buy property abroad. We are approached by people who want to buy a second home on the seashore, move to a permanent place of residence in another country, or profitably invest in overseas real estate. In addition, we help clients with overseas property rentals so that you can build a passive income without the hassle.
There are properties in 16 countries, including Bulgaria, Turkey, Spain, Montenegro, Thailand, and many more. We have been advising on real estate issues abroad and helping to make transactions since 2012, so we know all the nuances of the sphere. Our company also built two residential complexes in Turkey ourselves, so we are familiar with the "inner kitchen" of the real estate market on both sides and are always ready to offer the best option.
Our services are free for buyers. We work with several hundred developers worldwide, and we will select a property for any request. We can talk about anything you'd want to know about in our Kyiv office or over the phone. Leave your phone number, and we will call you back.