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Real Estate Prices at Bulgarian Seaside Decrease
2008-08-11 11:51 News from News.bg

The price of real estate at the Bulgarian seaside is lower compared to previous years, because demand is lower. This was announced by the real estate agency "Valen".

The price of square meter farm land with the opportunity to change its statute in the Kranevo region is between 100 and 150 euro. In the Kavarna region well-off people can buy property at a price between 20 thousand and 40 thousand levs. 

A lot of property and land are becoming desolate because of the decreased interest. 7000 square meters of land with changed statute between Balchik and Kavarna at a price of 3 million euro remains unsold. The biggest interest in seaside resorts in Bulgaria show Russians. The foreigners` enthusiasm for a house in Bulgaria, however, is not as great as before, brokers claim.

As a rule foreigners cannot buy land in Bulgaria until 2014. In fact they are buying a house and in case they have a registered firm here they can also buy the land.



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

house for sale
house BalchikBalchik
80 m2
€ 42500
land for sale
land SofiaSofia
720 m2
€ 10000
house for sale
house PlovdivPlovdiv
130 m2
€ 16700

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

> 2009-06-23 Bulgaria ranked 4th as Top Real Estate Investment Destination
> 2009-06-23 English settlers at Bulgaria`s Black Sea coast sell their homes
> 2009-06-18 More than 80 property agencies in Bansko close down
> 2009-06-11 Only Russian buyers can save the Bulgarian property market
> 2009-06-09 Bulgaria Estates Reach Real Market Prices
> 2009-06-04 Turyan mayor: Number of foreign property buyers has decreased
> 2009-06-03 11% less newly built residential buildings for Q1 of 2009
> 2009-06-02 Property developer BLD will build holiday village near Kavarna
> 2009-05-28 Fall of the prices of residential properties from 16% to 38%
> 2009-05-28 Over 10 000 apartments owned by foreigners offered for sale
> 2009-05-22 Port of Burgas sells to its employees real estate owned by the company
> 2009-05-13 Project for new hotel complex in Teteven
> 2009-04-28 Hard year for the residential segment in Bulgaria and Romania
> 2009-04-10 The average renting price of offices in Sofia`s decreased by 18%
> 2009-04-08 New property project in Varna Breeze neighbourhood
> 2009-04-08 Mortgaged flats available on the Bulgarian real estate market
> 2009-04-02 State sells land in the Black Sea region - most preferred are near Kavarna and Aksakovo
> 2009-03-27 Golden Pearl resort near Varvara is illegal
> 2009-03-24 Big interest from Russian investors for properties in Sofia and BG sea-side resorts
> 2009-03-20 Russian stars purchase properties on the Black sea

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

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