Britons living in Bulgaria. Guide to Bulgaria, Sofia and Varna

Bulgaria Possessions Prices - Mission Bulgaria Possessions Periodical

Bulgaria Possessions Prices - Mission Bulgaria Possessions Periodical There are pockets which are not doing well where oversupply has been keeping prices down yet there are equally many areas where prices are doing consistently well. The maturing of the market is slowing price increases from the heady days of 35% to a more reasonable and sustainable 10%. They indicate that presently there are no signs of decreasing prices but there is also no sign of any increase. The agents put this down to wary investors and buyers in the current global conditions, putting purchases on hold until they see what trends emerge from the crisis. Whilst only a small decrease of minus 0.4%, it does set a potential trend. Again, properties lacking in quality or location suffered most. Front line apartments in top quality blocks were still selling and even showing a slight increase. The large supply of off plan projects which are not frontline and of poor quality will keep prices down.Where prices have fallen, this is providing a good opportunity for those buyers with liquid money. High quality, finished apartments and villas are proving parituclarly popular with Russian buyers. If you're looking to sell such a property on the coast right now, then don't overlook this market.InlandInland, in the small towns, villages and the countryside there is a continual increase in prices, although significantly slower than in the previous three years. Again, those properties which are in the best villages are showing marked increases and demand is additionally high amongst the local buyers. This sector is currently the most vigorous market, particularly where locals are buying. The most expensive area currently is the Dobrudja area, where prices are around 500 leva per decare. This market seems to have been pretty unaffected by the financial crisis, although current indicators show that the price increases are slowing down.SkiOnly the best quality developments are getting good prices, elsewhere there is price stagnation. Some Britons are selling below the price they bought at in order to rectify financial problems at home. Properties for Sale and Rent Looking for that perfect property?Quickly and easily find your new property in Bulgaria. Click here for more.textbg = document.getElementById("ja-catslwi-textbg3");textbg.style.opacity = 0.8;textbg.style.filter = 'alpha(opacity=80)';Interamerican InsuranceWe'll cover you !