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.
Aww our Kiki!! This lady is smart , efficient, knowledgeable with a big heart ??. I took my two children on holiday travelling Bulgaria and we went house hunting on one of the days which was super fun!! Kiki and her friend were amazing with the kids getting them involved and us 3 picked a lovely little old farm in a lovely village. The thing that stands out about Kiki is she is not pushy. She will not sell you to profit herself but wants you to take your time to find the best option for you. She is a kind soul and I won’t buy from anybody else a little. Happy house hunting guys - the value for money over there is absolutely amazing, the people are so friendly, the food and drink is great and some of the scenery is breathtaking ?? . Thanks again for all you’ve done with our little house /kushta xx
— Danielle, England