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Real estate market in Sunny Beach,reduction of Russian Buyers

17.09.2013

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.

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Aww our Kiki!! This lady is smart , efficient, knowledgeable with a big heart ??. I took my two children on holiday travelling Bulgaria and we went house hunting on one of the days which was super fun!! Kiki and her friend were amazing with the kids getting them involved and us 3 picked a lovely little old farm in a lovely village. The thing that stands out about Kiki is she is not pushy. She will not sell you to profit herself but wants you to take your time to find the best option for you. She is a kind soul and I won’t buy from anybody else a little. Happy house hunting guys - the value for money over there is absolutely amazing, the people are so friendly, the food and drink is great and some of the scenery is breathtaking ?? . Thanks again for all you’ve done with our little house /kushta xx

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