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Russian media: Bulgarian property prices hold

29.10.2008

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.


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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