Residential Bulgarian market in January 2011 was double than January 2010
2010 was a difficult year for the Bulgarian property market a whole. We observed drastic drops in the property prices in all segments. But in the last quarter of 2010 appeared indications for stabilization. Searching of properties started to rise slowly, property prices starred to stabilize and to take mortgage loan is easier. In the next few months we expect smooth growth in the Bulgarian property market.The number of property deals on Bulgarian real estate market in January 2011 was double that of January 2010. Usually the number of sales at the start of the year is lower, but this is this year is different. One of the reasons is the discounted price of many properties- this includes village houses, apartments, sea properties, agricultural lands, forests, town properties, etc.
This is a sign for the property market a whole, because the trend is indicative of Bulgaria’s real estate market.
Residential property prices will stabilize in 2011. Even we can expect slight increase in prices with 2-5 %. The clients are looking for new buildings, renovated village properties, new flats and properties with good location, luxury houses and luxury apartments. Specifically for Sofia- search price range is 700-900EUR/sq.m depending of the location and quality of the property.
Any one wants to buy a property from Bulgaria he/she should contact the amazing lady called Kunka(Kiki), she is not just an estate agent but she goes beyond that from explaining all the small steps to the complicated ones, she is trying to do her best to make feel confortable about your choices and she offers plenty of choices and also she has reliable and trustworthy solicitors which she works jointly with them in order to make sure that your purchase is in the safe hands and not compromisin. Kunka is very patient lady who is trying listen and to answer to any questions you may have and also she will give the best advice which will suit your demand. Remember that if you are buying a property abroad so you need a professional, trustworthy who knows the local complicated bureaucracy and she will help you through it from point A to Z. Kunka doesn't stop only in helping you to buy a property but she does more than that she is willing to drive you around and pick you up from your hotel and shows you around. She will make everything easy for you from contacting a solicitor to notary registration. I am very lucky to buy my property through this lovely lady which she gave me a huge support in completing my purchase. From Salah
— Salah, Morocco