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Good news for Bulgarian property market 2014 – sales are expected to increase

21.01.2014

Good news for Bulgarian property market 2014 – sales are expected to increase Higher market activity during the current year is expected. This is due to the decrease in the interest rates that would facilitate property investments. The prices will be closely related to the quality and the condition of a particular property. The driving mechanism for the prognosed successful year of the estate market will be buyers with steady income who are willing to invest in their property. Thus, such kind of investments will be profitable and safe.

Despite the fact that most of the properties are still in construction stage, a large part has alreаdy been sold. According to recent data, these are 60-70% of the apartments in certain buildings. And in spite of the delayed construction, the real estates branch is most likely to revive. Moreover, the new properties will be fully complied with the buyers’ demand. This improved situation could lead to successful transactions amounting to EUR 55 000-60 000. Approximately 15% of the buyers are expected to invest in real estates which is far more compared to previous years.

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I can’t thank Kiki and Rosen enough for the exceptional service they provided while helping my father and me find the perfect studio apartment in Bansko. From the very beginning, they went above and beyond to understand exactly what we were looking for. They guided us through the search process with expertise, always keeping our needs at the forefront. Once we found the ideal place, Kiki and Rosen worked tirelessly to secure a great deal and walked us through every step of the buying process. They handled everything with such professionalism and care, making the entire experience completely stress-free. I highly recommend Kiki and Rosen to anyone looking for property in Bulgaria —they truly know how to take care of their clients!

— Ligia Adamska, United Kingdom