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.
When we started our journey to buy a property in Bulgaria post Brexit I was told by a friend, trust Kiki, she can sort it. Well she did, we are now the proud owners of our dream home in Bulgaria. We currently live in the UK and will be emigrating as soon as we can get our visa sorted, hopefully early next year. From the start Kiki has supported and assisted us throughout, from the initial agreement to purchase, sorting the notary and personally assisting us with opening a bank account (which in itself is no mean feat) Kiki managed it all. No words can do justice to how professional and helpful she is, I cannot recommend her highly enough and can only promise you, Kiki can sort it.
— Max, United Kingdom