Higher Bulgarian property market activity mostly in big cities in 2015
2014 was rather active regarding the Bulgarian residential property market. The prices are expected to increase as according to recent data of the National Statistical Institute the average market levels by quarters account on a price growth predominantly in the big cities. This growth relates to the third quarter of 2014 compared to the same period in 2013 – 1.77 %. The average residential property prices range from EUR 650 – 750 per square meter. All the key factors that influenced the property market development can be generalized in brief: decreasing deposit rates, uncertain situation of the banking system and ceased slump of residential property prices.
Now people select very carefully what type of property is really worthy of investing.
Active buyers are young families or people who have sold their property seeking a bigger one. As far age is concerned, there are two types of buyers: the first type includes young people aged 35 and under who are constantly employed and have steady job positions. They are the ones who look for their first residential property to invest in. The second type comprises more mature people aged between 45-50 who are interested in property investment.
The two-bedroom apartments are more attractive and are also not difficult to rent.
This is why it is the most sought type of property. Three- and four-bedroomed apartments were the most demanded ones in 2014 that represent 70 % of all accomplished sales. About 70 % is the share of the buyers who purchase property with their own funds within 2014. At the same time, there is severe competition resulting in an easier drawing of mortgage or another loan. This trend is expected to continue, experts reckon.
A very high letter of recommendation for Real Estate Agent KIKI(Please, write your full name if you want to go under your full name) Mohammad Abid Hafeez US Citizen February 20th 2022 This letter will serve as my very high letter of recommendation for Real Estate Agent KIKI of Bulgaria, one of the most trusted, educated in Master of Industrial Management and a friend that any foreigners can depend on her Real Estate transaction with confidence. My recent visit to Bulgaria in February 2022, Kiki assisted me and with the purchase of a first home in the City of Granit, CHIRPAN (STARA ZAGORA, Bulgaria. Being an American I have worked with many real estate brokers and agents in Bulgaria on several real estate search during my visit in Bulgaria and can say with confidence that Kiki is the best and result oriented agent/ broker I have ever met her on Google search and used to buy a property in Bulgaria. Kiki has the qualities that make her an extremely successful and effective broker. I can’t say enough about her professionalism and knowledge within the industry, specifically in Bulgaria. She has high integrity and is very conscientious and tenacious, always keeping the clients best interests in mind. My real estate purchase was a small transaction relative to the size of properties and transact ions Kiki normally handles but she treated my me with the same professionalism and courtesies one would expect for a very large transaction. One of the qualities, I respected the most was her honest business style. I recently retired as an Executive from the US Federal Government and working in USA for more than fifty years , I visited a beautiful country and People, didn’t had time to waste. She gets to the point quickly yet professionally, always respecting the clients time. She did a great job of listening to her client’s needs and does not waste time showing properties which do not meet the client’s objectives. She does research to assist with assessing a fair market value of the property for the offer and then negotiates effectively with the opposing broker on behalf of the client. She is extremely responsive to questions, often responding immediately to our late night emails after midnight. She shows great attention to the details enabling the transaction to get done. I have the highest level of confidence in her. Our transaction went very smoothly and I the transaction closed on time without waisted my time. Kiki also helped me to introduce the beautiful, well educated neighbor and when Kiki told them I am an American and buying the property to their next doors, the old couple were extremely happy and welcomed me to her neighborhood. Although I don’t speak Bulgarian language but Kiki helped me as a translator and we shared common interests for more than an hour. After finishing our discussion she walked out and brought for me a fresh fruits from her garden, a symbol of love being her new neighbor. As mentioned above, she represented us on the purchase side of the transaction. She is very smart and transactions can sometime become very complex. I have the highest level of confidence in her and feel she would be able to properly assess any situation and figure out an effective solution. In future transactions, I will only have Kiki as to represent me that I am again in the process of buying an other property , Bulgaria through her. Let me share her Watts Apps telephone number +359 89 842 2816 in Bulgaria. Please, send her the text and your contact number what you want and your budget, etc and she will call you back after reviewing your info and will have something for you based on the info on property you share with her first. Most of her clients are foreigners from UK, Europe, USA and Canada. If you have any questions, I would be happy to email or talk with prospective clients to provide feedback on my very positive experience. Feel free to contact me at hafeezabid06@gmail.com Mohammad Abid Hafeez February 20, 2022 Michigan, USA
— Mohammad, USA