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Russians Once Again on the Bulgarian Real Estate Market
2008-09-04 15:43 News from News.bg

90% of the buyers of vacation properties in Bulgaria are Russians. This was announced today in Sozopol by Nikolay Pehlivanov, the executive director of the investment company Green Life.

Clients of Bulgarian property no longer come from Moscow and Saint Petersburg, but from other regions in Russia as well. They prefer big vacation properties near the beach with a well developed infrastructure.

The weak tourist season influenced the Bulgarian vacation real estate market in Bulgaria negatively. The levels of return this year are between 3 and 5% when the expected was 10% and the realized is 7% in the previous year, representatives of Green Life claim.

The English-speaking clients retreated from the market because of their inability to pay their credits and the financial crisis in Great Britain. Green Life predicts a retreat of profiteers from the market.

Experts claim that the prevailing vacation home search is for big properties and more scalable land terrains. The prices of big complexes will continue to increase, the company predicts.



This News is listed at news.Guide-Bulgaria.com

house for sale
house ZidarovoZidarovo
180 m2
€ 32350
land for sale
land SozopolSozopol
4446 m2
€ 350000
house for sale
house KrushevetsKrushevets
75 m2
€ 20000

Pages: [1][2][3][4][5][6][7][8][9][10][11][12][13][14][15][16][17][18][19]

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> 2008-09-29 Bulgaria with the cheapest agricultural land in Europe
> 2008-09-26 Banks control the moods on the real property market
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> 2008-09-17 Willbrook to put 40 mln euro in Bulgaria’s 1st green project
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> 2008-09-10 People from all over the world flock to Gesha View, Bulgaria
> 2008-09-06 Foreign Investments in Bulgaria Real Estates Down by 10%
> 2008-09-04 Russians Once Again on the Bulgarian Real Estate Market

Pages: [1][2][3][4][5][6][7][8][9][10][11][12][13][14][15][16][17][18][19]

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