As wine tourism grows and Bulgaria’s reputation in the international wine world increases, property in one of the many wine towns becomes an attractive investment option and the best news is that there are still plenty of bargains to be found. Bulgaria’s best wine towns are set in scenic rural locations, which provide many opportunities for year round holidays and business opportunities.
Melnik This gem of all wine towns is reputed to be the most romantic town in Bulgaria. Located on a steep hillside, it is a protected area full of magnificent, well-preserved houses and churches and surrounded by breathtaking scenery including the infamous sand pyramids. It is the smallest town in Bulgaria with around 230 inhabitants, yet its reputation for the robust red wine produced here is legendary.
However, not only quality wine production makes this picture postcard town a fantastic location. Melnik's close proximity to a wide range of tourist facilities from the ski resorts to the spa towns mean that it is an ideal base for a holiday home or business. Average prices in the town are around 58,000 euros with regulated land prices starting at 8 euros a sq. m. There are still plenty of renovation projects in this area, but prices for turnkey, high-end western style villas start at 100,000 euros.