The Forecast for the Commercial Real Estate Market in Bulgaria
December 27, 2021
21
A distinctive trend next year will be the acquisition of real estate, which has not been that popular until now.
Situation. Bulgaria's business real estate market will meet 2022 with serious signs of recovery and investments, the consulting company Cushman&Wakefield Forton predicts. Experts add that the commercial sector has begun to recoup months of uncertainty and slowdown, investors began to look for interesting assets in all segments already in 2021.
Many buyers are willing to invest in more flawed facilities in order to achieve profitability in the face of accelerating inflation and rising construction costs.
Quote. "The availability of free capital and the lack of an alternative for an investment lead to unexpectedly high demand. It even happens that we receive offers for assets that have been looking for a new owner for many years," commented Sergey Kostov, Operating Director of Cushman & Wakefield Forton.
"If at the beginning of 2021 investors around the world were still experiencing problems and could not predict the duration and damage from the COVID-19 crisis, at the end of the year we see a new trend of investment determination in the real estate segment," he adds.
Examples of commercial real estate in Bulgaria:
750 000 €
Industrial in Kableshkovo, Bulgaria
12478 sq.m
The production base in Kableshkovo on an area of 12478 m2.
There is a central water supply, sewerage. Power supply 200 kW
Built-in water well.
The database includes:
I Solid wood processing equipment:
Production premises - 600 m2,
horizontal gourmet WOOD MIZER,
woodworking machines, electric and cordless tools.
, FEEDER...
Avrora Plyus
270 000 €
Commercial property in Ravda, Bulgaria
300 sq.m
A supermarket shop is offered on the main shopping street, between the Black Sea resort town of Nessebar and the village of Ravda.
Price: 270 000 euros
Locality: Ravda village
Total area: 300 sq. m.
Retail area: 200 sq. m.
Storage space: 100 sq. m.
Floor: 1 of 4
No maintenance fee.
The building is put into operation-Act 16...
OAZIS REALTY
686 000 €
Commercial property at Sunny Beach, Bulgaria
520 sq.m
#27724546 We offer a two-storey office building in the center of Sunny Beach resort, Burgas region, Bulgaria.
Price: 700,000 euros
Locality: KK Sunny Beach
Rooms: 20
Total area: 520 sq. m
. Land area: 700 sq. m.
Terrace 0
Floor: 1 and 2 of 2
Without a support fee
The building is put into operation-Act 16
Payment scheme:...
OAZIS REALTY
30 060 €
Shop in Lozenets, Bulgaria
17 sq.m
#28124872 A shop and land of 60 m2 are offered, on the ground floor of a 5-storey building, 200 m away. from the sea in the popular resort village of Lozenets, Burgas region, Bulgaria.
Cost: 33 400 euro
Locality: S. Lozenets
Rooms: 1
Total area: 16.66 sq. m
. Land area: 60 sq.m.
Terrace: 0
Floor: parterre of 5
Maintenance fee: no...
OAZIS REALTY
399 000 €
Investment project in Obzor, Bulgaria
3333 sq.m
Regulated plot of land in the new district of Obzor! Only 150 meters away from the beach.
ID:15773. Regulated building plot of land, is situated in town Obzor of 150 meters from the beach and 55 kilometers from the center of the city of Varna.
The plot is in regulation with square surface of 3333 sq.m. with splendid sea view.
The building...
STEFANOV INVEST
631 120 €
Hotel in Ravda, Bulgaria
928 sq.m
#28350224 A working five-storey hotel with a swimming pool in Ravda village.
Type: Family hotel
Yard area: 451 m2
Built-up area: 826 m2
Price: 644,000 euro
Reception: yes
Swimming pool: yes
Distance to the beach: 650 m
Year of construction: 2008.
Construction phase: Act 16
The beautiful family-run ALDEMAR Hotel was built in...
OAZIS REALTY
690 000 €
Commercial property in Bata, Bulgaria
3000 sq.m
#29617866 The current business is the production of wood braces-pellets in Bulgaria in the village of Bata.
Price: 690,000 euros
Locality: Burgas region, Bata village
Land area: 3,000 sq. m.
Floor: 1 of 1
There is no service fee.
Payment:
2000 euro-deposit
100% when signing a notarial deed of ownership.
A new factory for the...
OAZIS REALTY
350 000 €
Commercial property in Burgas, Bulgaria
101 sq.m
A ready-made developed business is for sale: A beauty salon with a large regular clientele in Burgas. The salon is located in its own office, which is a multi-room apartment, on the first floor of a residential building with a separate entrance. The salon is distributed as follows: Reception. Kitchen corner. Barber shop for 3 workplaces with a...
Avrora Plyus
30 990 €
Shop in Nesebar, Bulgaria
30 sq.m
ID27304072
Office-Rakovsky 31, Nessebar (New Town), Bulgaria
Price: 30,990 euros
Total area: 29.83 sq. m
Floor: ground floor / 6
Service fee: No
Construction stage: Act 16
An office in the New city of Nessebar in rough finishing is offered for sale. The office has a separate entrance from the building, and the building is located...
OAZIS REALTY
550 000 €
Commercial property in Varvara, Bulgaria
10000 sq.m
#28101108 Land for sale on the second line of the sea in the village of Varvara, Burgas region, Bulgaria.
Price: 550,000 euros
Locality: S. Varvara
Plot size: 10,000 sq. m.
Payment plan:
Deposit 2000 euros
100% when signing a notarial act on the transfer of property.
The country of Bulgaria, the region of Burgas, the city of...
OAZIS REALTY
142 100 €
Commercial property in Burgas, Bulgaria
8700 sq.m
ID 31028690
We offer a plot of agricultural land in the Rudnik quarter of the city of Burgas, 8700 sq m in the locality – Popova Koshara. Category of land – 9.
Price: 145 000 euro
Locationva Koshara,as,as
Total area: 8700 sq m
Category – agricultural land, category 9
Ideal for investment purposes.
Payment:
A deposit of 2000 euro,...
OAZIS REALTY
188 000 €
Commercial property in Sveti Vlas, Bulgaria
530 sq.m
# 31167078
We offer for sale a beautiful plot of land in regulation in the center of St. Vlas
Cost: 188,000 euros
Locality: Sveti Vlas
Plot size: 530 sq. m.
Payment scheme:
2000 euro-deposit
100% when signing a notarial deed of ownership.
A plot of land located in a land settlement for construction is offered for sale .The plot...
OAZIS REALTY
55 044 €
Commercial property in Kosharitsa, Bulgaria
834 sq.m
#31174766
Available land in the village. Kosharitsa.
Area: 834sq.M.
Price: 55 600 euro
Payment:
2000 Euro-deposit
100% upon signing a title deed.
The property is 2/3 of 1251 sq. plot located in s. Kosharitsa, with permanent purpose-urbanized territory, way of permanent use-low construction (up to 10 m.)
The village of Kosharitsa...
OAZIS REALTY
26 235 €
Commercial property in Aheloy, Bulgaria
1318 sq.m
ID 31666080
Price: 26,500 euro
Location: Burgas region, total. Pomorie, Akheloy, Reservoir locality
Total area: 1318 sq m
Category – agricultural land, category 3, Vine
Ideal for investment purposes.
Payment:
A deposit of 5000 euro
100% when signing a notarial deed of ownership.
We offer a plot of regular shape with a size of...
OAZIS REALTY
270 000 €
Hotel in Malko Tarnovo, Bulgaria
850 sq.m
ID 22431457
We offer for sale a 2-star hotel complex in the unique town of Malko Tarnovo.
Cost: 270 000 euros
Locality: Malko Tarnovo,as
Total area: the area of the hotel complex is 850 sq.m. on a plot of 580 sq.m.
Floor: 1 and 2 of 2
The building was put into operation-Act 16
Payment scheme:
2000 euro-deposit
100% when signing...
OAZIS REALTY
15 000 €
Commercial property in Burgas, Bulgaria
15000 sq.m
Vineyard with a wine variety, with an area of 1,500 sq.m. Near Burgas and the city of Sredets.
Glavno
212 000 €
Commercial property in Karnobat, Bulgaria
825 sq.m
ID 31800024
A commercial warehouse with good transport accessibility is offered.
Cost: 212 000 euros
Locality: Karnobat,Krasno selo quarter
Total area: 825 sq.m.
Floor: 1 of 1
The building was put into operation-Act 16
Payment scheme:
2000 euro-deposit
100% when signing a notarial deed of ownership.
The premises are suitable...
OAZIS REALTY
64 944 €
Commercial property in Sveti Vlas, Bulgaria
590 sq.m
ID 32484254
Price: 65,600 euro
Location: Intsaraki area, Sveti Vlas,as
Total area: 590 sq m
Category – an undeveloped site for the construction of a resort and recreational facility
We offer a flat plot of land in UPI with a sea view in the area of Intsaraki, Sveti Vlas,as.
There is a road and communications to the site.
Suitable...
OAZIS REALTY
111 177 €
Shop in Nesebar, Bulgaria
56 sq.m
#31054490 Shop 56 sq. m. for 112 300 euro in the CENTER of New Nessebar, Bulgaria
Settlement CENTER OF NESSEBAR, Khan Krum str., 14 in
Total area: 56 sq. m
Floor: 1/6
Service fee: 0
Construction Stage: The building is put into operation - Act 16
Payment scheme:
2000 euro deposit,
100% upon signing a notarial deed of ownership....
OAZIS REALTY
420 948 €
Commercial property at Sunny Beach, Bulgaria
7653 sq.m
ID 33045692
Area:7653 sq.m
. Location: Burgas region, total. Pomorie, Akheloy, the area of the Prechistvatelnata
Price: 425,200 euros
Payment scheme:
5000 euros-deposit
100% when signing a notarial deed of ownership.
An urbanized plot of land located between Ravda and Akheloy, the purpose is an undeveloped property for a resort and...
According to Sergey Kostov, a new trend of the year will be real estate which has not shown much interest so far. For example, office buildings, land plots in unpopular places. There is also continuing interest in land transactions for the construction of logistics, commercial and residential facilities. And retail space is now the most popular type of commercial real estate in Bulgaria.
In the office segment, the trend of working from home, as well as the expansion of the number of companies, are pushing investors to more flexible and creative solutions. Therefore, many developers are already betting on workspaces that are easy to transform and require a minimum of resources to ensure.
The idea of common office space is being actively promoted. Market experts note that the relatively short lease terms and the possibility of growth without long-term planning are the main advantages of shared workspaces over traditional ones.
In the segment of commercial space, it is expected that the wave of development of the retail parks project will continue, which will become most noticeable in a year and a half. Currently, there are 215,000 sq.m of retail parks operating in Bulgaria, and about 130,000 sq.m are under construction or at the planning stage.
