Burgas is a city in the southeastern part of Bulgaria, located on the Black Sea coast, on the Burgas lowland, surrounded by three lakes.
The climate is classified as temperate oceanic according to the Köppen-Geiger system (comfortable, moderately warm winters and cool summers). The average air temperature in Burgas is about fourteen degrees Celsius.
Burgas is an industrial center with resort conditions and a mild climate; there are oil refineries (located outside the city), iron ore is mined here too. Economic sectors are also developed: mechanical engineering, textile production, fishing, and tourism.
Advantages of living in the city:
- new infrastructure facilities are being built,
- proximity to the sea and three lakes,
- two hundred sunny days a year,
- tourist attraction.
It is profitable to buy an apartment in Burgas from the owners
In Burgas, dynamic life is harmoniously combined with tranquility and comfort. Here you can buy modern and high-quality secondary apartments. Housing in Burgas is attractive both for the purpose of investment and for life, since it is profitable to rent out (many tourists come), it is comfortable to live, work, and relax in the city. There is a wide range of offers on the secondary market. Resale real estate in Burgas is represented by objects of different sizes and layouts, with a view of the sea. On the coast, apartments are almost always more expensive. Secondary real estate in the historical center also does not belong to the category of cheap ones, however, it is still somewhat inferior in price to apartments on the coastline.
It is inexpensive to buy an apartment in Burgas - there are Soviet-built panel residential buildings with apartments of a standard layout for that time (one-room apartments, and apartments with one, two, three bedrooms). Many of these houses have central heating and an elevator. At the beginning of the 2000s, brick houses appeared, where there are also relatively inexpensive secondary buildings. The layouts of the apartments vary: small studios, spacious multi-room apartments. You can buy an apartment in Burgas in some areas with small plots of land on the ground floor. On such terraces it is comfortable to spend time with the family, they are equipped with flower beds, barbecues are organized. This property is popular with retirees.
The GEOLN.COM real estate website with a convenient search interface helps investors to purchase secondary apartments without intermediaries, where you can quickly find an option according to the required characteristics (a wide selection of offers of verified objects with photos) and get expert advice. Owners of investment objects put up their options for sale on the site on their own. The purchase procedure is transparent, regulated in detail by law, which is confirmed by customer reviews.
Prices for secondary apartments in Burgas
In areas far from the sea and the center, a square meter of living space in an old renovated panel house is estimated at 500-600 euros. In the districts of Izgrev, Zornitsa, the price increases to 800 euros. Approximately on the same conditions, you can buy an apartment away from the center, but located on the seashore in the quarters of Sarafovo and Kraimorie. In the center, in the Lazur quarter, which is also close to the coast, the price per square meter does not fall below 900-1000 euros, rather it will be 1000-1200 euros. In new houses from the owners with a good sea view, modern renovation, original furniture, the price per square meter reaches 1300-1500 euros.
Purchasing an apartment in Burgas on the secondary market is a profitable investment with a reasonable expectation of receiving a stable rental income, as well as using it for recreation or permanent residence in a city with a warm climate near the sea.