Expat Community > Bulgaria

RadioGAGA
Joined 2018
Posts: 4

Relocating from Ireland. It all looks too good to be true!!

6 years ago

As title suggests, my wife and I are considering Bulgaria as an option for our retirement. It is a few years away yet but we are starting to assess our options now and Bulgaria looks a front runner along with one or two others like Portugal and India (as an extreme outside chance!!!)

We would be hoping to purchase a 2 or 3 bed townhouse style property near but not nessecarily in one of the main toursist centres. Our logic here being that it would be reasonably close to Airports for when our children or family come to visit or when we ourselves want to return to Ireland for a visit. Ideally something with a small garden/outdoor living area.

Our budget for this would be €85k-€100k. Would this be enough to get us the kind of home we would like?We would like to puchase it outright without a mortgage. I have been looking online but the prices for these kind of properties seems to very masively. I've also heard that prices online can be wildly exaggerated in both directions. And while online sources are good to a point there is nothing like real world advice from people who have done this before!

My second main query is in regard to cost of living. Our combined monthly pension would be in the region of €2600 after tax. Taking into account that we would like to save €200-€300 per month for 'rainy days' etc, what standard of living could we expect if we did not have to pay rent/mortgage??

Thanks to all who take the time to read this and thanks for any and all replies.

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