Prices of Bulgarian properties tipped to put up in Spring
Some analysis suggested that the property market in Bulgaria could begin soon to rise. During the past few years, since 2008 the residential building’s prices in Bulgaria have fallen with 40%. This reduce of the prices saw a large scale price drop which, in turn, encouraged many people from Bulgaria and abroad to consider properties in Bulgaria. Now, new research predicted that the real estate prices will go up again in spring time.
A report from Bulgarian National Television tipped the next few months of 2013 to see a rejuvenation, which will appeal to many investors, while it also highlighted where exactly the sales of Bulgarian properties taking place.
The most of the sales took places in the country’s capital Sofia, in the sea capital Varna, south Black Sea Coast Burgas, Veliko Tarnovo like a mountain region.
In Sofia, property buyers were increasingly looking to spend more on property, moving upwards from the 30 000EUR budget, which would typically buy a small one or two bedroom apartment.
Indeed, One of the fastest growing markets in Bulgaria currently is for three-bedroom apartments, which families in particular keen on thus sort of home.
The middle price for apartments that the property buyers are looking for is about 40 000EUR. Large three bedroom apartment can be found for the price between 60 000 and 80 000EUR.
More attractive are the renovated, resale properties which can be found at a price as much as 20 000EUR, sometimes and less. These are the properties located in a country side, villages. Cheap Renovated Bulgarian houses can be found and near the sea in Varna, Dobrich region with a price starting 2 2000 -25 000EUR.
The Globul Property Guide reported at the end of last year that the property prices in Bulgaria have fallen dramatically since 2008. This was the reason for appearing of many Bargain offers for investors.
The new research predict that the Bulgarian property prices are already rising. So now is the moment to take opportunity and buy one of these still cheap bargain properties.
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