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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

land for sale
land Sunny BeachSunny Beach
21100 m2
€ 251000
apartment for sale
apartment Sunny BeachSunny Beach
95 m2
€ 99000
house for sale
house Sunny BeachSunny Beach
80 m2
€ 45000

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

> 2008-11-08 200 million EUR blocked in unsold apartments in Sunny beach
> 2008-11-04 A multipurpose complex under construction in Sofia`s Lyulin 2 neighbourhood
> 2008-11-04 Victoria Gardens residential and business complex in Plovdiv
> 2008-11-04 Luxurious estate under construction on the side of Kavarna golf
> 2008-11-03 "Allure apartment house" complex under construction on Primorsko beach
> 2008-10-31 National conference on real estate frauds in Sofia
> 2008-10-28 Ecological village near Smolyan will use the sun and wind energy
> 2008-10-27 New residential and business complex in Sofia`s Manastirski Livadi district
> 2008-10-27 London-listed property funds squeeze BG projects in Sofia and Bansko
> 2008-10-24 Bulgaria’s property prices increased by 3% in Q3 2008 compared to 2007
> 2008-10-23 EUR 200 million holiday village project in Balchik suspended
> 2008-10-21 Real Estates Prices in Pernik have dropped 10%
> 2008-10-18 BG Banks sell over 1000 mortgaged real estate
> 2008-10-10 Overseas property market hit by credit crunch but bargain in Bulgaria is still attractive
> 2008-10-10 Real Estate Prices on Sunny beach, Ahtopol, Tsarevo and Primorsko Go Down
> 2008-10-10 Real Estate Agents Expect bargain-seeking Brits to rent out or sell to Russians
> 2008-10-09 Conference about perspectives of Real Estate Market in Bulgaria starts in Sofia
> 2008-10-07 Avalon complex in Sofia
> 2008-10-07 New Luxury Apartment Projects in Sunny Beach Resort
> 2008-10-07 Real Estates Domino Effect Hits Bulgaria

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

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