The best time to invest in cheap Bulgarian village house
Now is the best time to invest in village properties and apartments because the prices slump to 20%.Representatives of real estate companies are united around the idea that now is the best time to buy homes if buyers have secure income.
They reasoned that this year the supply will continue to be more than demand, which will allow customers to find the price appropriate for their locations and quality of housing.
According to Executive Director of the Loan Center, Tihomir Toshev until the end of the year, interest on mortgage loans will retain current levels of 8 - 10 per cent.
Reduction can be only if the real estate market is alive, Toshev added, without specifying when that might happen.
Toshev said that this month two banks already offer better terms on their mortgage loans.
According to Executive Director of “Elta Consult "Valeri Leviev in the second half of this year is expected the real estate market to revive, because by then it is likely parent banks to resume credit to the sector.
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