Real estate market in Sunny Beach,reduction of Russian Buyers
Sales of Bulgarian properties in Sunny Beach showed a sharp decline for the first time since the revival of the market when the main buyers was Russian. In the district there are two notary offices that suggest a 15 percent reduction of the deals with Russian on the real estate market.It is very hard to say if this reduction will continue and in the next 2014 or if Russian buyers in Bulgaria who bought this summer are yet to purchase and will do so later in Autumn 2013. Possibly many property buyers are holding off and waiting for reduction of the prices, or in the worst case –the most of the middle class Russian interest have already purchased, thus their share of the market demand has peaked and now will show slump.
Anyway, official statistic will be available at the beginning of 2014, when we can talk for real data.
For first time since 2008, property prices in Sunny Beach have remained stable. It is unknown how will be the prices comparing with this year. But if the property market shows stagnation, definitely the prices will start to go down.
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