Prices of Bulgarian properties tipped to put up in Spring
Some analysis suggested that the property market in Bulgaria could begin soon to rise. During the past few years, since 2008 the residential building’s prices in Bulgaria have fallen with 40%. This reduce of the prices saw a large scale price drop which, in turn, encouraged many people from Bulgaria and abroad to consider properties in Bulgaria. Now, new research predicted that the real estate prices will go up again in spring time.
A report from Bulgarian National Television tipped the next few months of 2013 to see a rejuvenation, which will appeal to many investors, while it also highlighted where exactly the sales of Bulgarian properties taking place.
The most of the sales took places in the country’s capital Sofia, in the sea capital Varna, south Black Sea Coast Burgas, Veliko Tarnovo like a mountain region.
In Sofia, property buyers were increasingly looking to spend more on property, moving upwards from the 30 000EUR budget, which would typically buy a small one or two bedroom apartment.
Indeed, One of the fastest growing markets in Bulgaria currently is for three-bedroom apartments, which families in particular keen on thus sort of home.
The middle price for apartments that the property buyers are looking for is about 40 000EUR. Large three bedroom apartment can be found for the price between 60 000 and 80 000EUR.
More attractive are the renovated, resale properties which can be found at a price as much as 20 000EUR, sometimes and less. These are the properties located in a country side, villages. Cheap Renovated Bulgarian houses can be found and near the sea in Varna, Dobrich region with a price starting 2 2000 -25 000EUR.
The Globul Property Guide reported at the end of last year that the property prices in Bulgaria have fallen dramatically since 2008. This was the reason for appearing of many Bargain offers for investors.
The new research predict that the Bulgarian property prices are already rising. So now is the moment to take opportunity and buy one of these still cheap bargain properties.
The only and best agent I can recommend for those who are looking for selling,buying,building or all that is related to real estate is Not only she will find what you are looking for but she will make sure that it's really the thing you would like to have, so she's never in a hurry to make you sell or buy anything,on the contrary she's working for her clients to never regret dealing with the agency (BULGARIAN HOUSE) I know what are the daily troubles she is giving herself while dealing with so many clients around the globe ,answering ,giving calls or writing mails,queuing in a bank for long time and lot of things she is always smiling and make you feel comfortable while dealing with her daily business,so the sole and only one : THE VERY CONFIDENT,RELIABLE COMPETENT,EXPERIENCED AND PROFESSIONAL AGENT IS KIKI BULGARIANHOUSE.COM MY DEEPEST AND ENDLESS THANKS TO KUNKA HADJI FROM KABYLE
— Hadji, Kabylie