Property for Sale in Veliko Tarnovo, Bulgaria

Veliko Tarnovo is built on steep hills above the Yantra river, with the Tsarevets fortress, old town streets and a large university. Students, tourism and light industry support demand. The city is roughly halfway between Sofia and the Black Sea, with good roads towards both. Compared with Black Sea resorts it is quieter and cheaper, with more year-round life. Buyers include retirees seeking low cost of living, students' parents and local investors.

For other Bulgarian cities consider Stara Zagora, Ruse, Pleven, Shumen and Plovdiv.

Citizens of the EU and EEA may buy land and buildings. Non-EU citizens may buy apartments and houses but not land directly, and usually set up a Bulgarian company to hold land. Transaction costs are low: a municipal transfer tax of roughly 2% to 3%, notary and registration fees, and an agent's commission (approx.; verify locally). Annual property tax is also low. Always have a lawyer check title, debts and building permits, especially on older buildings and commercial space.

Read the Bulgaria page, the buying guide for foreigners and financing in Bulgaria.