Apartments for sale in Bulgaria-the pros and cons

AND NOW the NEW TREND

On the real estate market in Bulgaria there is a tendency, characteristic of all post-socialist countries - a small number of housing units with high parameters and quality. The term "housing options" means a modern layout, decoration, nice view from Windows, good floor etc, the offer lags behind demand. The reason is, again, the same notorious crisis: many construction companies are simply unable to meet the growing demand. Those who owns the old house, not in a hurry to sell, so price increases. According to realtors, these trends will definitely affect the value of the property. According to their forecasts, prices will rise, but not more than 10%. Today, greatly increased the demand for the luxury properties in Bulgaria. In its acquisition of interested people with a decent financial state. But since, according to economists, the real estate market is a litmus test of the entire economy, then, if wealthy citizens rush to buy expensive housing and land, then the economy is doing no better. No matter what, the citizens of Russia are one of the largest groups of foreigners seeking to purchase property in Bulgaria. If earlier mainly buy houses in cities like Varna or Bourgas, but now there is a tendency to increase purchases of stores. Many Russians buy in Bulgaria supermarkets and other objects trade and service. Recently we had a record high for such a deal. A Russian citizen has been bought a private residence in the city of Sinopoli. It is located right near the beach and its area is 420 sq. m. On the territory of the residence is located a SPA center, a fitness center and pool. The amount of the transaction amounted to 900 thousand euros. In addition, the Russians began to move into Bulgaria and their offices. For example, in Pomerania there was even its own "little Moscow". It is a Russian district that has already be called.

more NEWS TURKEY