The amount of such transactions was recorded only 3-4 years ago. Most sellers from Bulgaria to pin their hopes on Russian buyers. Indeed, during this period, new housing in Bulgaria is bought more often, unlike other countries.
Aggregated value of the transactions executed between our citizens and sellers of real estate in Bulgaria, amounted to about 1 billion US dollars. But why most people prefer to buy property in this country? The answer is obvious. Because good and probably the most favourable relationship between quality and price.
Note that a few years ago, leading citizens to purchase housing in this country was the British. Now, Russians can oust them! The Brits are selling their homes for half the price, thereby trying to repay the loans that were issued to them to purchase a property.
The main market of Bulgaria is in difficulties. According to one Bulgarian Agency, 5 years ago the amount of transactions was 1.88 bn USD. A year later, that number had dropped to 33%. And 3 years ago, fell to 51%. The next few years, including our day, Bulgarian real estate has grown and started to gain momentum, in large due to Russian citizens. This means that many Russians have a desire to buy an apartment in Bulgaria, or other houses with facilities.
Most analysts of real estate recorded that the number of sales this year will be more than in 2010, namely, by 300%. Also, significantly dropped the price of square meter. The total percentage of the real estate market is one half of Russian investments, namely 56%. That is, even more than half, the General part.
Russian tourists are the most numerous, along with them are Romanians, Greeks and Germans. Speaking at a conservative estimate, the number of tourists in Bulgaria has increased by 3%, it is a good climb, most Russians prefer to rest here in the winter, the best time to buy real estate and recreation. Year after year, more and more Bulgaria continues to attract investors. Most realtors and Directors of real estate companies can no longer dispute the fact that Bulgaria is a leader in the current housing market. This country is developing day by day, and soon it will become one of the Il first estate.
