The prices of Bulgarian Real Estates are experiencing significant fall. This will help clients who are looking to buy property in Bulgaria. It doesn’t matter in which region: Varna, Dobrich, Burgas, Stara Zagora, Sofia or Pleven they will find a bargain.
As well as providing good value of the real estates, Bulgaria is also a popular destination with property buyers and tourists.
In the ranking in Prime Location’s top ten searched- for countries by UK residents, Bulgaria is taking place.
According to research from Colliers international, some regions in Bulgaria have seen prices drop as much as 19% year-one-year and when coupled with the strength of sterling against the Bulgarian lev, this creates a real opportunity for investors.
Bulgarian real estates building permits increased by 46%, while actual constructions of properties in Bulgaria rose by 70%.
It was recently reported that clients looking to buy real estate in Bulgaria may soon have more choice with figures from the National Statistics Institute highlighting that the property construction industry rose 46% in the second quarter of 2010.