Bulgaria is popular and favorable for investments of vacation properties.
Bulgaria is popular and favorable for investments of vacation villas. The interest in investing in real estates in our country has been preserved still high despite the new destinations that enter the international market. The exposition in the English capital has been visited by approximately 12 000 people despite the poor advert from the English side .At the official Bulgarian stand 12 companies have taken part in.
The tendency of previous years has not been changed and most offered but sought after are the vacation properties along the Black sea coast and in mountain resorts.
Preference of Bulgaria have mostly young people. In recent years this tendency is expected to be saved, the holiday property market to calm down and focus to be moved on city dwellings.
Imposing of Northern Cypress becomes a factor in British market. The country is widely advertised and popularized. The English feel sympathy for this part of Europe because of the fact that it is an ex colony of the Kingdom.
The country though cannot be compared with Bulgaria in price matter. Proposals that comes from Cypress are at three to eight times higher prices than those in our country . Moreover Bulgaria is more attractive and varies in natural resources.
A stand of our country has been organized in the exhibit in Moscow. Here most sought after are sea and ski properties but an increasing interest is observed in new developments in Sofia and Plovdiv. In comparison with other years this is the greatest exhibition for Bulgaria. The Russian market goes up and develops mostly its part of investments in foreign properties. An absolute bang can be seen in offering and seeking and Bulgaria is on the first place in this matter.
All this is due to a rank of factors. Possibilities for investing in Russia are merely finished and in conditions of poor offering ,buyers begin to orient towards foreign markets.
In last two years ,customers become more informed for overseas markets of real estates .Recently there were no enough sources of information for this topic on a local basis. Nowadays media affords enough materials ,which facilitates the right orientation of the audience.
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RESIDENTIAL PROPERTY PRICES HAVE AGAIN RISEN UP REASONABLY
From the beginning of 2007,home prices have raised up with average 15-20 % ,as in some regions ,the height reaches 25 %.Double profit from properties in Bulgarian capital- Sofia
Profitability from investments in properties in the capital is expected to increase untill the end of the yearAbout 1200 maisonettes are on offer in the capital of Bulgaria- Sofia
Approximately four times as much maisonettes are for sale in comparison with those, that are rented. This, what makes this kind of property sellable is not the location but the views as well as the fact that most of them have been built up in the last 10 years. Two years ago this kind of properties are sold much easier, while today with increasing of the offering of apartments in complexes of closed type, the interest lessens.