Bulgaria - a preferred spot for property investments by Russian State Officials
A new survey reveals that Bulgaria is the most preferred country by Russian State officials as far as real estate investment is concerned.Property declarations of about 500 Russian Members of Parliament and state officials have been recently analysed and the result was that approximately 176 of them possess apartments in Bulgaria. Most of them own just a certain part of a property in our country. They tend to choose predominantly one and two-bedroomed apartments.
The major reason why state officials purchase apartments exactly here is that they need a holiday home for their children. Another reason is the mild climate of the Bulgarian Black Sea Coastline. Russian MPs say that the warm climate in Bulgaria would strengthen the immunity of their children.
This was our first experience of buying a property abroad, and The whole process was managed and controlled by KiKi, due to Covid 19 we were unable to travel to Bulgaria to sign and complete the documentation, however we were guided through the legalisation process and purchasing using Kiki as our power of attorney, Everything was smooth and faultless, very happy with the service we received and the property, can’t wait to get to bulgaria to see our forever home project. Thank you very much Kiki.
— Donna Haskett, England