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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 SozopolSozopol
109 m2
€ 86000
house for sale
house RosenRosen
105 m2
€ 76000
apartment for sale
apartment SozopolSozopol
92 m2
€ 1800

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

> 2011-08-15 Sofia planning to create new industrial park nearby defunct steel plant Kremikovtzi
> 2011-05-31 Greeks buy out properties in Bansko and Razlog now owned by British citizens
> 2011-05-09 Property agency, managing the properties of the BG Ministry of Foreign Affairs, will be restructured and then sold
> 2011-04-15 French hotel operator invests EUR 22 million in new hotel in Sofia
> 2011-03-01 New office complex with a Hilton Garden Inn hotel in Sofia in Q3 of 2011
> 2010-12-28 Bulgaria`s home property market likely to hit rock bottom in 2011
> 2010-12-20 BTC halts sales of large estates
> 2010-10-29 Bulgaria is at 44th position in property prices decline
> 2010-10-13 Housing prices in the Bulgarian capital Sofia have stabilised
> 2010-09-28 Changes in Real Estate Market in the capital Sofia
> 2010-09-15 Luxury apartment rental company acquired new building in the Iztok borough of Sofia
> 2010-08-31 Search of Bulgarian properties from Brits dropped dramatic
> 2010-08-31 Registered in Bulgaria Irish property firm is allegedly a pyramid scheme
> 2010-08-23 The most expensive Sofia properties
> 2010-08-19 2 skyscrapers could be built in Sofia Studentski Grad quarter
> 2010-08-17 Municipal Sofia Properties company declared BGN 248,000 profit for 2009
> 2010-06-22 A Project for ski and spa complex in Borovets resorts was freezed
> 2010-05-19 Investments in the real estate sector in Eastern Europe to be put on hold again in 2011
> 2010-05-13 Sopharma Imoti invests EUR 50 M in business complex in Sofia
> 2010-05-03 Winslow Gardens project in Sofa`s quarter of Manastirski livadi is resumed

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

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