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 BULGARIAN PROPERTIES : ARTICLES : REAL ESTATE PRICES ON SUNNY BEACH, AHTOPOL, TSAREVO AND PRIMORSKO GO DOWN...
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Real Estate Prices on Sunny beach, Ahtopol, Tsarevo and Primorsko Go Down
2008-10-10 12:12 News from News.bg

The prices of vacation properties on the Southern Black Sea plummeted after the world economic crash at the stock exchange and the instability of bank systems in the USA and Western Europe. Brokers from real estate agencies announced that the sale prices of real estate constantly change their listing values downward. 

At the moment supply is enormous, while demand is almost nonexistent.

Most serious is the situation with residence complexes, built on the fourth and fifth line in the Sunny Beach resort as well as apartment complexes near Ahtopol, Tzarevo and Primorsko.

In Sunny Beach there are already prices of 350 Euro per square meter, which is an incredibly low value. South of Sozopol an apartment more expensive than 550-600 Euro per square meter can hardly be found. Only a month ago the listing values were 200-250 Euro higher.

An exception is luxurious complexes of closed type at the sea coast, as well as apartments in Burgas. Their values remain the same as 3-4 months ago.



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

apartment for sale
apartment Sveti VlasSveti Vlas
62 m2
€ 74500
land for sale
land KosharitsaKosharitsa
5700 m2
€ 305000
land for sale
land Sunny BeachSunny Beach
3800 m2
€ 64000

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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