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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

house for sale
house RosenRosen
105 m2
€ 76000
house for sale
house ZidarovoZidarovo
120 m2
€ 35500
land for sale
land PrisadPrisad
980 m2
€ 24500

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

> 2009-03-20 Interest of mortgaged homes that are announced in Sofia city court
> 2009-03-19 The British still interested in Bulgarian properties
> 2009-03-19 Bulgarian real estate market has hit the rock bottom
> 2009-03-15 Apartments in Sofia and Plovdiv more expensive in the center of Chicago
> 2009-03-12 UK businessman from Sliven closes its business because the crisis
> 2009-03-12 Bank loans still most popular for buying a property
> 2009-03-11 BG luxury property market in searching for balanced price
> 2009-03-09 Rich Russians buying unfinished or in bankruptcy hotels at the BG seaside
> 2009-03-07 Residential project in Shkorpilovtsi village granted a building permit
> 2009-03-06 FOREST GLADE Pamporovo - Ski Apartments and SPA
> 2009-02-27 Green Home complex near Radinovo, Plovdiv
> 2009-02-24 This year is perfect for buying of new property
> 2009-02-18 Construction of complex Fanagoria starts soon in Golden Sands resort
> 2009-02-04 Blue Mountain complex in village of Beli Iskar
> 2009-02-04 Aquamarin 2 apart complex in town of Obzor
> 2009-02-04 The Sky Buildings complex in Plovdiv
> 2009-02-04 Last construction stage of ecological village Gesha Vue near Dryanovo started
> 2009-02-03 BTC moves its Sofia offices to the new European Business Center
> 2009-02-02 Property investment fund freezes big projects in Varna and Sofia
> 2009-01-28 Prices of apartments on Sofia go down

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

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