Can Ukrainians Buy Property in Bulgaria in 2024–2025?
A Personal Story by Emily Carter

When I first considered buying a property abroad, I never imagined how deeply I would fall in love with Bulgaria. And yet, here I am — living just minutes from the Black Sea coast, surrounded by warm sun, friendly neighbors, and a beautiful apartment I now proudly call my own.

So, can Ukrainians buy property in Bulgaria in 2024–2025? The answer is a resounding yes! And as someone who’s just gone through the process, let me walk you through it.

Ukrainians Are Welcome to Buy

Bulgaria allows foreign nationals — including Ukrainians — to purchase real estate freely. Whether it’s a cozy apartment, a modern studio, or a charming resale flat, the process is open and relatively simple.

The only exception? If you want to buy land or a house with a land plot, you’ll need to register a company in Bulgaria. That’s a small formality if you have your heart set on a private villa.

What About Prices?

Prices have been gradually increasing in the past few years, especially in resort areas like Sunny Beach, Saint Vlas, Ravda, and Nessebar. But they’re still very accessible compared to Western Europe.

Here’s a rough idea for 2024:

• Sunny Beach: €800–€2,000/m² in new builds.
• Saint Vlas: Starting at €900, with sea-view properties reaching up to €2,500/m².
• Ravda & Nessebar: Around €700–€2,000/m².
• Varna: From €1,500 up to €3,000 in prime new developments.
• Burgas: From €900 in less popular areas, averaging €1,050–€2,500.

I chose Fort Noks — a developer with wonderful complexes in both Sunny Beach and Saint Vlas. Their apartments start at €1,000/m², and their service is top-notch.

Why So Many Ukrainians Choose Bulgaria

In 2023–2024, Ukrainian interest in Bulgarian property grew by 25–30%. And it’s no surprise. Bulgaria is not only affordable, but also home to a vibrant Ukrainian community. From coffee shops and bars to schools, clubs, and retreats — Ukrainians are building a life here. You’re not just buying a home; you’re joining a welcoming neighborhood of fellow dreamers and doers.

Perks of Owning Property as a Foreigner

Here’s what truly warmed my heart:

1. Address Registration: Buying property can help with getting temporary protection or residence. (Although more is needed for permanent residence.)
2. Lifestyle by the Sea: Pools, beaches, shops, security — seaside complexes are like small, sun-kissed cities.
3. Affordable Maintenance: On average, it’s €10–€20 per square meter annually. Fort Noks charges €14.5 — very fair for the peace of mind they offer.
4. Great for Investment: I plan to rent my apartment during tourist season — a perfect way to generate passive income. Foreign investment in Bulgarian real estate jumped 23% in 2023 alone!

How the Buying Process Works

I was amazed at how smooth it all was:

1. Preliminary Agreement: Once I chose my apartment, I signed a preliminary deal and paid a small deposit (€1,000–€2,000 or 10% of the price).
2. Notarial Signing: We finalized the deal in front of a notary. Legal fees? Around 5% of the purchase price.
3. Ownership Registration: The final step was official registration — and then the place was mine!

What About Taxes?

• Property Tax: Only 0.15–0.45% of the cadastral value — incredibly reasonable.
• Rental Income Tax: A flat 10% if you choose to rent.
• Maintenance Fees: Most complexes charge €10–€20/m² per year for services and upkeep.

My Final Thoughts

Buying property in Bulgaria was one of the best decisions I’ve ever made. It was not just an investment — it was a step toward peace, freedom, and building a new life. Whether you dream of morning swims in the sea, peaceful evenings on your balcony, or the joy of hosting friends in your own coastal home — Bulgaria might just be the perfect place for you too.

And if you’re curious, Fort Noks offers free info tours: you’ll get a chance to view properties, enjoy a free stay, and feel the atmosphere firsthand.

Don’t wait. Your seaside story could begin today. Fill in the form — and take that first step.