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.
Kiki is by far the BEST realtor we have ever worked with My husband & I have moved few times in the last 30 years. Obviously, we've dealt with many realtors both on the buying and selling side. I have to say that Kunka Boneva ( Kiki) is by far the BEST realtor we've ever worked with, her professionalism, personality, attention to detail, responsiveness and her ability to close the deal was Outstanding!!! If you are buying or selling a home, do yourselves a favour and hire Kunka Boneva and Bulgarian House's team !!
— Amanda Beal, USA