Bulgaria drags the attention of the foreign business property investors again
The economic situation is the key factor for recovering the trust in the Bulgarian real estate market. This is the opinion of the participants in a conference about property investment which took place in the Bulgarian capital city of Sofia. Our country is able to offer high-quality assets with a very good profit and with lower risk. Conventionally, Bulgarian investors tend to take risks aiming at higher profit and getting involved in initiated projects or buying undervalued and troublesome assets. However, there already are elaborated, high-quality, liquid assets on the market that match the requirements of the foreign buyers thanks to the investors. If the market stabilizes and gets more liquid, the assets which the investors could obtain, could have the necessary potential to raise their value in the long term. Real estate deals are expected to increase on the market including business properties, investment deals in the field of the office areas, buildings with class A and commercial properties – these are the leading projects and the most preferred ones.
Other key trends are going to be the recovery, the restart and the replacement of troublesome assets.
A managing partner highlighted the expected deals growth in the region of Central and Eastern Europe. However, the debt crisis is no more the main reason for the deals. The banks are expected to be the most active especially as sellers and the property investment funds which are both buyers and sellers.
The recovery of the trust in the property market is the key factor for the situation of the real economy.
The real estate market is already stabilized, it shows a tendency for a slight increase and the trend for decreasing the real estate prices. After the crisis, only professional investors are the ones who stayed which enhanced the quality of the production and made it more competitive. Besides, the banks have gotten much more flexible and they are interested in funding high-quality projects.
???????? Opinia po polsku: Z całego serca pragnę podziękować cudownej osobie – Kunce – za jej ogromne serce, ciepło i profesjonalizm. Kunka to nie tylko wyjątkowa kobieta, ale też prawdziwa ekspertka w swojej dziedzinie. Dzięki niej zakup nieruchomości stał się nie tylko prosty, ale wręcz przyjemny. Pomogła mi znaleźć wymarzoną nieruchomość w przepięknym miejscu, w rewelacyjnej cenie – coś, co wydawało się niemożliwe, stało się rzeczywistością. Jej cierpliwość, uczciwość i zaangażowanie są godne najwyższego uznania. Jeśli szukasz osoby, której naprawdę możesz zaufać, która poprowadzi Cię przez cały proces z troską i uśmiechem – Kunka i jej agencja to absolutny strzał w dziesiątkę. Polecam z całego serca! --- ???????? Review in English: From the bottom of my heart, I want to thank the wonderful and kind-hearted Kunka – a truly remarkable person and an outstanding real estate professional. Kunka is not only warm, caring, and genuine, but she also brings deep expertise and dedication to her work. Thanks to her, I found my dream property in a breathtaking location at an incredible price – something I thought was impossible, made possible with her help. Her patience, honesty, and professionalism are truly exceptional. If you're looking for someone you can truly trust – someone who will guide you through the entire real estate process with care, kindness, and a smile – Kunka and her agency are the perfect choice. I wholeheartedly recommend them!
— Magdalena Gabriel, POLAND