Hi, I’m from Israel and I currently have $51,000
I plan to live in Russia for about a year, but before I do that I consider buying a property or two in Bulgaria to rent out and use the same money to rent an apartment in Russia and basically live rent free.
What can I expect of the money I currently own?
20 comments
You can buy one or maybe two garage cells in Sofia for this kind of money. You can expect around 100 euro per month from rent, from one cell.
So there *are* people who unironically want to move to Russia!
for 51k lol, that’ll net you a garage in a good part of town to rent out. I don’t think you get the global part of global recession.
Buy properties in Russia since you are moving there.
MAKAK TAKAБЕ!
TINEZNAESHLICHERUSSIAENAIGADNOTOMIASTO!!1!
To be honest these money are not enough for a city property.
You can buy lots of village properties though, but they wont give you any rent income.
phaha. sorry man our country may be poor but everything is inflated. you cant really buy anything with that
Just move to Russia. Bulgaria is a 3rd world colony.
[https://www.imot.bg/](https://www.imot.bg/)
you can check here for some idea, but **very** optimistically you might be able to get 200 euro per month, which I don’t know what you’ll do with that in Russia
Tldr; $50k is not enough to buy a flat in a city, especially Sofia. You can get a one-bed for $150k and expect about $400 pcm in rent. Use imot.bg as explained above. Have fun!
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Assuming you are not a troll are you serious what kind of a normal person would want to live in Putin’s Russia?
If you move to Russia about now and rent a flat in occupied Crimea, you will be there just in time to get liberated by Ukraine by the end of summer, then get evicted and leave for Russia proper, so that you can get trapped there for the civil war that will ensue after the frontlines collapse. Solid plan.
We are in a massive real estate bubble that price wont get you much in the big cities and the small ones arent usually that good for renting
Better buy something in Bulgaria and live here instead of Orcistan!
Go suck Putin off while you are at it.
For your price range you can get something like [this](https://www.oikia.com/offer/sale-ville/22327/).
OP, if any of what you write is true, you’re on the path of either losing a kidney, a limb, or your life, on top of your $51000. I think losing at least a kidney plus the money is the most likely outcome, even if you don’t get drafted, or become a casualty of the war. It sounds like you believed some kind of Nigerian Prince stories.
A good use of your $51000 would be to extract your girlfriend from Russia and relocate to any place that will want to give her residence like Kazakhstan or Turkey. Is she even real? Have you had an in-person relationship with her?
The irony is that you can settle quite well here with this money, and without owning a property, but I doubt she’ll be given a visa.
**don’t even consider moving there without meeting her first in Israel or some other country**. You can offer to pay for her ticket/accommodation. I think that you are extremely naive and her intentions seem far from honest. Forcing you to move there while things in Russia are constantly changing to the worse and your security won’t be guaranteed, seems like some kind of a scam to me. If she is not willing to travel and meet you first, that would be **a huge red flag.** You seem to be an easy target- a guy without experience who gets easily infatuated by some basic female attention. Have you even spoken to her on video?
Don’t be stupid.
Firstly, Bulgaria is known for having relatively low property prices, which can make it an attractive location for real estate investments. However, it’s important to note that there can be some variation in property prices depending on the location, condition of the property, and other factors.
Secondly, if you plan to rent out the properties, you’ll need to consider the rental market in Bulgaria and whether there is demand for rental properties in the areas where you plan to invest. You’ll also need to factor in any associated costs with renting out the properties, such as property management fees and taxes.
Thirdly, it’s important to note that real estate investments can be relatively illiquid, meaning that it can be difficult to sell the properties quickly if you need to access the funds. You’ll need to consider the potential risks and benefits of tying up your money in real estate investments, especially if you may need the funds in the near future.
Regarding your plan to live in Russia, it’s important to note that there may be some restrictions on how much money you can bring into the country, and you may also need to obtain a visa or other documentation to stay there for a year. It’s important to do your research and ensure that you have all the necessary documentation before you make any significant investments or travel plans.
So you want to move there because of a girl? Totally understandable. I hope you will be happy there.