Russian media: Bulgarian property prices hold
Bulgaria holds a special place in search of the property of Russian citizens. According to research by September, prepared by specialized estates trading site prian.ru, first as a destination for investment in property abroad stands namely Bulgaria (15.16%), which get ahead twice time the number two Finland and number three Germany with over 7 % of the market.Russians have long appreciated the advantages of investment in the properties around the world. But because of the global credit crisis, which led to a decline in the prices of properties (some say dependence is exactly the reverse), Russian investors becoming more anxiously look at what is happening to the property market in the world. Instead decent dividends many of them see how their money is hardly not gone.
In recent evidence of Russian agencies, reduction in the price of properties has affected 22 of 27 countries in which Russians invest most often. The most significant is reduction of prices in Latvia, Lithuania and Estonia, where the value of investment in property reduced by 20 - 40%. In the UK, which passed for fast, cheapen 10 - 12%.
With 5 - 10% property prices have dropped in France, Spain, Greece and Portugal. In some regions in France the properties could lose 15 percent and in Spain - even 50% of its value.
Against this background, the property prices in Slovakia that rice up to 25%,and in Bulgaria, with 18% they outstanding. According to calculations of Russian agencies, the houses in Switzerland and Italy get up to 2%,and in Netherlands are frozen.
Journal “News” indicates that all property world now looks with hope of Russian buyers - but who are not in haste. The number of requests to purchase abroad does not go down, but impulsive decisions are not taken and before to make investment is long been considering. The council of Russian experts: No panic. Since the fall in the market you will lose unless urgent need to sell.
Provident the importance of Bulgaria as the property market for Russia, Russian media carefully watch the economic processes in our country. With concern is quoted the statement of Georgi Ganev, which saw 7 - 8% drop in foreign investment in Bulgaria since the beginning of the credit crisis.
Probably the best estate agent in Bulgaria. As a recently married couple looking to give up the grind of 8-6 mon-fri rat-race lifestyle... but without enough money to actually do so at home in the UK. We have always been adventurous, but after watching the series ‘Ben Fogle: New Lives in the Wild’, the idea of just quitting our jobs and moving away to start something completely new, suddenly seemed very doable. We turned to the internet for answers and based on the budget we had and the lifestyle/climate we were looking for, Bulgaria seemed to be the place for us. So after hours of trawling through websites, and countless emails back and forth with various estate agents throughout Bulgaria, it quickly became apparent that there is a lot of choices out there and ‘viewing trip’ was in order to see it for ourselves. We booked some tickets and flew over to see how it could be possible to buy a whole house for less than your standard deposit back home. In order to view some of these properties, in the beginning, we were in talks with a number of different agents and even a lawyer!, but the only person who actually seemed to care about helping us find our dream home that was right for us (and not about taking our money), was a lady called Kiki from BulgarianHouse.com. So after coming home, now with a better understanding of what your money can buy, the different things to look out for and the vastly different regions of the country, we asked Kiki to assist us with our search. With this newfound knowledge and her help, we quickly condensed a list of 30 potentials down to just 2, and then after Kiki did some investigation into the legal side of both the properties, we made our choice. When it comes to customer service, she helped us every step of the way, from suggesting houses that offered what we were looking for to guiding us through the legal process and completing the sale. She has consistently delivered on her promises and has always been just a phone call or message away - Which actually helped alleviate a lot of the possible anxiety linked to buying a house in another country… Not to mention choosing to do right in the middle of the Brexit negotiations. To be honest, the whole process has been a breeze with her help and I would certainly recommend her and BulgarianHouse.com to anyone who is looking to do the same. Now the sale is complete and the house is ours, we couldn’t be happier and plan to take the leap in the new year. Thank you for all your help Kiki Tia and Lee
— Lee and Tia, United Kingdom