Bulgarian Property Market Moving in the First Quarter of 2015
The Bulgarian property market accounted on a more dynamic development during the first quarter of 2015. The results are almost the same compared to the ones during the previous year that ended with more deals and mortgages in Sofia, the Bulgarian capital city and in the larger cities, as well.Local real estate agencies and building companies prognosticate a trend of deal increase in the large cities and the prices remain steady.
The first quarter of 2015 ends with a consecutive deals growth compared to the previous year in the property market and the cities. The increase of the deals in Sofia amounts to 26.6 % where the mortgages grow by 23.5 % considering the legal mortgages and 36.6 % is the share of the contractual mortgages.
A similar situation is typical for the cities of Varna and Plovdiv. A growth also is registered in Pleven. The main purpose of the property buying is investment in a new home. Another feature denoting the property market moving is the minimal price discount.
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Thanks for---everything, Kiki & Hristo! Ron and I are touched by all the extras we did not expect from you or any realtor. The flowers and catered dinner you gave us when we moved in to our new home are priceless. Your commitment, professionalism and expertise are commendable. You have been a great support all throughout the process of buying our dream home in Bulgaria. This process can be stressful to anyone but we always felt a certain level of comfort and confidence in knowing that we had you looking after us. Peggy Fallon from USA
— Peggy & Ron Fallon, USA