Law real estate prices bring more potential buyers in Bulgaria
Bulgaria is one of the most preferable destinations among many Russian buyers. One of the major factors attracting Russian buyers in Bulgaria is the law real estate prices.An article in Rossiyskaya Gazeta say: “The Bulgaian properties worth up to 50 000EUR( 39 337 GBP) are about 80 % of the properties on sale , and it is very profitable to invest with these prices.”
Reported on figures released by Bulgarian Reals Estate agency “Bulgarian House ” Ltd, the most of the deals in Bulgaria are with Russian and British byers. The main properties in that they invest are renovated Bulgarian properties or very cheap rural houses which need renovation work.
The most preferable destination is Black Sea Coastline, specially the south Black Sea coast. Another destinations are the mountain resorts like Bansko,Pamporovo or mountain areas-Veliko Tarnovo region.
The most of the Russian property byers in Bulgaria are considering buying real estate overseas, as it has become more affordable and therefore opened up the market to purchasers in the middle classes.
We would like to say a big THANKS to Kunka & Hristo from Bulgarian House team. You've been a great help to us, not only with the things involved with buying a house in Bulgaria, setting up a company and all the paperwork ect, but also when we've had other questions relating to life in general in Bulgaria we had no one else to ask but Kunka,. She's gone above & beyond her role as an estate agent, she must have bent over backwards to be as helpful as she possibly can & has kept us well informed every step of the way with regards to the sale. Thanks again, Kate & Mel xXx
— Kate & Melvin, UK