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 BULGARIAN PROPERTIES : ARTICLES : RUSSIANS ONCE AGAIN ON THE BULGARIAN REAL ESTATE MARKET...
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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

land for sale
land PrisadPrisad
785 m2
€ 14700
land for sale
land PrisadPrisad
980 m2
€ 24500
land for sale
land RosenRosen
5999 m2
€ 148000

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

> 2008-07-21 Peak Moment in Bulgarian Real Estate Market
> 2008-07-18 Expensive Properties Force Bulgarians Draw Bigger Credits
> 2008-07-17 Foreigners Start Selling out Bulgarian Real Estate Properties - Report
> 2008-07-16 4% of Bulgarians to buy homes over next 3 yrs
> 2008-07-14 New gated type complex Riviera is under construction in Plovdiv Rowing Canal zone
> 2008-07-11 Real estate broker Foros kicks off franchise program
> 2008-07-09 Raiffeisen Real Estate reports 49% growth in real estate deals
> 2008-07-07 Property Blues? - Not in Bulgaria
> 2008-07-07 Sofia has nation`s smallest avg home size
> 2008-07-02 New modern office building in Sofia`s Drouzhba 1 neighbourhood under construction
> 2008-06-26 Top attraction, one-of-a-kind “global village” to be built in Straldja, Bulgaria
> 2008-06-24 Demand for Bulgaria Real Estate Properties to Continue to Go Down
> 2008-06-24 Dubai co to market Arapia holiday apartments
> 2008-06-24 Google Trends: Bulgaria is no longer a preferred second home place
> 2008-06-23 Residential complex Raiski Kat 2 is under construction in Plovdiv
> 2008-06-23 Complex in Asenovgrad combines High-tech design and classical composition
> 2008-06-23 St.Toma vacation village to open this week
> 2008-06-19 Bulgarian realtors wake up to market slowdown
> 2008-06-18 Austria`s Cuubuus to invest 100 mln euro in Ruse real estate developments
> 2008-06-16 EUR 24m invested in a residential complex in Belene

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

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