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Today we have 250,420 Bulgarian properties for sale and rent.
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Russians replacing Brits in Bulgarian property market
A growing number of Russian investors are replacing Brits as the primary buyers in the Bulgarian property market, it has been claimed.
The market, which has been insipid of late, has been enjoying a resurgence of interest from holiday-home purchasers from the country, AFP reported.
Wealthy investors are replacing Brits who bought second homes on credit several years ago and are now re-selling at half-price following the economic crisis, Antonia Wirt, Bulgarian section chief of the International Real Estate Federation, said.
"In the past three or four years, over 200,000 Russians have bought property in Bulgaria, worth over a billion dollars (726 million euros)," Alex Romanenko president of the organisation told AFP.
"Bulgaria occupies a dominant position in the real estate market in the Balkans, which has a great potential."
Real estate professionals in the country cite the similarities of the Bulgarian and Russian languages, close cultural ties and religion as being some of the reasons that a growing number of Russians are buying property in the European destination. - PropertyShowrooms.com
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Bulgarian property market predicted to improve this year
The property market in Bulgaria will begin to improve in the second half of this year, a major property consultancy has forecast.
Colliers has suggested that there will be a rebound in sales in the c... - PropertyShowrooms.com
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Bulgarian property market tamed
The fact that the force with which the Bulgarian residential property market has been developing is beginning to subside was officially confirmed by real estate company executives during a press confe... - Propertywisebulgaria.com
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Bulgarian property market tamed
The fact that the force with which the Bulgarian residential property market has been developing is beginning to subside was officially confirmed by real estate company executives during a press confe... - Propertywisebulgaria.com
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Bulgarian property market tamed
The fact that the force with which the Bulgarian residential property market has been developing is beginning to subside was officially confirmed by real estate company executives during a press confe... - Propertywisebulgaria.com
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