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.
Well, where to start....Kiki is by far the best... an amazing woman who takes everything in her stride...we cannot praise her enough... a true professional with a fantastic personality and wicked sense of humor, nothing is too much trouble and nothing seems to phase her. Her command of the English language is brilliant and that helps so much with the buying process, we honestly would not be here if it wasn’t for her...the service she provides is second to none.... from the start we knew that we had found a cracker!...make that initial contact now, we promise you won’t regret it!... she is so good that we ended up buying another property from her and now our friends are buying from her too!...we have made a true friend for life... so if you’re looking for property in Bulgaria for either a holiday home or to relocate BulgarianHouse.com are the only company that delivers what they promise and so much more... thank you Kiki for making it all come true for us and our family.
— Kirstie & Mike, Catalunya