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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 ZidarovoZidarovo
5000 m2
€ 2900
land for sale
land AtiaAtia
5885 m2
€ 411950
house for sale
house ZidarovoZidarovo
180 m2
€ 32350

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

> 2008-02-14 British investors flee Bulgarian winter resorts
> 2008-02-14 Homes in Radomir post a 70 per cent annual rise
> 2008-02-14 Colliers: Varna shopping mall market may be headed for oversupply
> 2008-02-13 World Superstars Boost Sofia Property Prices
> 2008-02-13 Atlas Estates Fund plans a 215-million euro investment in Bulgaria
> 2008-02-13 Investors build in Bansko and legalise their developments in Sofia
> 2008-02-13 Bulgarian co to build villa community in Ribaritsa resort
> 2008-02-12 SAS Hero Goes into Battle over His Holiday Home in Bulgaria
> 2008-02-11 Bulgaria`s Karrat Group To Invest over 50 Mln Euro in Residential, Commercial Project in Sofia
> 2008-02-11 Winter House apart complex will be built in Stoykite village
> 2008-02-09 Bulgaria Loses Allure for UK Buyers
> 2008-02-08 Kavarna Municipality green-lights Bulgarian Land Development`s July Morning project
> 2008-02-07 Irish West Properties completes second project in Bulgaria
> 2008-02-06 Brokers cheat foreign investors in Bansko ski resort
> 2008-02-04 Viva complex Varna - a modern attitude to the urban environment
> 2008-02-01 Holiday complex under construction on dunes of Oasis camping
> 2008-02-01 Foreign property investors in Bulgaria head for cities
> 2008-01-31 Prices of Plovdiv off-plan, old homes on convergence path
> 2008-01-31 Karlovo and Plovdiv think over tax increase
> 2008-01-30 Plovdiv Property Market is Flooded

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

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