The people's Bank of Bulgaria noted 150% increase in financial transactions with real estate. Buying property in Bulgaria has become a popular method of the investment of funds not only among wealthy Russians, but also among the forward thinking citizens of Bulgaria itself.
Stimulus to increased demand for various real estate was the reduction of interest rates on Bank deposits, the introduction of a new tax on income, and, of course, the appearance available prices for urban and seaside apartments. It is for these reasons the citizens of the Republic, as well as permanently residing on the territory of the country by foreigners, prefer to purchase apartments and houses, Bank deposits and financial exchanges. So illiquid assets of the Bulgarian real estate market are experiencing the era of the Renaissance, promising its customers confidence in the future.
