Bulgarian property market analysis for the next quarter of 2013

Bulgarian customers in the large towns of the country showed a pattern for greater exercise and need to return to the market. This trend continued and become stronger in the year’s second quarter. The attention of the Bulgarian purchasers remained to a large extent focused on the towns of Sofia and Plovdiv, while Russian buyers typically demonstrated greater fascination with acquiring bulgarian properties (Click On this website) qualities in Varna and Burgas. The biggest talk about of the Bulgarian holiday property sales are usually dominated by the beach properties. The number of the signed offers in 2013 remained at the amount of the 2nd 1 / 2 of 2012 when the holiday seaside market recovered and a new cycle in its advancement begun.

google.deThe concluded deals in Bansko and the ski resorts were significantly less than those signed in the seaside resorts. We have, however, seen a stabilization right now there also and a real rise in demand, which includes been stable even through the 2013’s summer season. There's been a rise in demand and much more sales in Sofia during the past three months. Clients looking for higher quality and much more expensive Bulgarian houses are more active buyers and the result was that even more luxurious qualities were sold. Another large group of buyers, constantly present on the Bulgarian property market was the one searching for apartments with costs ranging between EUR 30,000 and EUR 50,000. In the past 2 years buyers had two primary requirements when contemplating whether to purchase a property - the exact parameters of a house and best price.