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Higher rents in Burgas – € 650 for a flat near the sea

10.10.2013

Higher rents in Burgas – € 650 for a flat near the sea The growth of the real immovable property market on the Southern region of the Black Sea amounts to 10%, the Russian clients who look for an all-year-round residence, are heading to the bigger cities, estate agents’ surveillance shows.
A new group of clients is currently forming – Russian families of an age to work are looking for properties within the price range of € 800 – 1000 per sq. m. as the offering in this segment lags behind the demand, Stefka Tomova.Except for the Russians, Bulgarian clients are an active market group as well.The budget that is at the disposal of a huge part of the local candidate-buyers, amounts to € 30 – 40 000.The price corresponds to a well maintained two-room property.
The rents have increased drastically One of the factors in Burgas is the business of the Lukoil company and the foreign experts, who come according to a contract with the integrated works. The rents have increased from € 340-350 to € 650 for the properties that are located in the area close to the Marine Garden. Except for Russians, citizens from Israel with Russian origin show interest to immovable properties in Bulgaria., representatives from estate agencies reveal. They have come experimentally to rent a property within one year and most of them decided to settle in Bulgaria.
10 000 Russian citizens live currently in the town, 400 Russian children began to learn in schools here, Krasimir Stoichev, Deputy Mayor of the municipality of Burgas says in a debate.He focused on the fact that the main goal of the local administration is to make enough attractions in the town, so that the tourists on the Black Sea can stay here more than one day when they enter the town. A new transport scheme will be able to facilitate the trip for the people, that own a property on the Black Sea coast. Stoichev explains that this scheme reminds of a organization in Vienna – it is divided into three stages. Estate agents render an account of a more dynamic market this year. The total deal growth amounts to 10%.
Data of the registration agencies show that the deals in Pomorie have the largest share during the recent year. A slight slump in Nessebar is registered but according to the number of the deals Nessebar lines up among the large cities such as Varna and Burgas.

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The first thing I want to say is, thank you Kiki for all you have done. The first time we spoke to Kiki we felt right at ease. Because we didn' t know how or when we were going to be in Bulgaria we didn't let her know. So when we got there we contacted Kiki. Because we were only there for a week we didn't have much time. She immediatly made sure we could visit a house the same day. She called us crazy because it was 400 km from varna were we stayed. But we went. She could not be there with us because it was such short notice, but the next day she was. Kiki cleared her calender to make sure we could look at some other houses with her. Besides the fact she showed us some good houses we also had a lot of fun. When we went to see the last one it was bingo. So we would buy the house. Kiki made sure a paper work was oke before we left back to Belgium. Now not even a month later we can call ourselfes the proud owners of a house in Bulgaria. What Kiki did for us was amazing. Everything went smoothly without any problems. She is a hardworking woman,(sometimes to hard working), she makes sure everything goes smoothly. And besides that she is a great person. We know we have a new friend for life. When we buy our next house it will be with Kiki. So again Kiki thank you, you are amazing

— Bart en Annick, Belgie