Bulgarian property market overcame by Russian buyers
According to Bulgarian House Ltd data, almost 80 % of overseas transactions in Bulgarian real estate are Russian investors. That invasion is giving the property market a much-needed boost, with international buyers now responsible for 15 % of overall transaction compared to just 8 % in 2009.The most popular areas are the coastal areas : Varna, Dobrich, Burgas, Sunny Beach, etc. The Russian buyers prefer luxury houses or apartments with sea view. According to Bulgarian House Ltd- real estate agency with Russian buyers replacing British byers to take advantage of the low prices, which now stand at 40 % below the market peak.
The owners are not desperate to sell their properties. They are waiting for the exact time when the price will be good for them. This is and one of the reason the prices of the properties to go up.
Kunka is very very professional , polite , honest and helpful,,, I was about to buy a rural property in Bulgaria few months ago, and paid 1000$ , but an accident happened to my car and had to return my money back to contribute in repairs,, she politely returned them back on time,, but nearly I will buy from her Regards Mahmoud
— Mahmoud Aref, Egypt