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26.01.2010 Interview with BULGARIAN PROPERTIES’ Chief Operations Managers with regard to the Company’s Annual Property Report
BULGARIAN PROPERTIES
The main accent of the interview is the rural property market in Bulgaria and the changes which occurred in this segment in 2009. According to the company’s report it is rural properties whose price fell most in 2009 – by over 53 percent. According to Polina Stoykova prices could fall by further 10-15% but only in specific areas and for specific properties. The greatest price decrease is witnessed in rural properties around the cities of Sofia, Varna and Bourgas where in the last few years prices increased considerably.
According to the company’s report prices of properties in winter and summer resorts in Bulgaria also decreased noticeably in the last year as now the segment offers great bargains. Victor Vucheliyski adds that at present a one-bedroom holiday home in a functioning development can be bought for as low as 38,000 Euro.
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Has the Bulgarian property market reached the bottom?
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Copyright: 2010 Bulgarian Properties Ltd. All rights reserved. For further information or advice please contact us on tel.: +359 2 9 11 50 or e-mail: info@bulgarianproperties.com. The use of this article by third parties is allowed only with proper quotations of the source www.BulgarianProperties.com and the Author of the article. The data in this material has been collected by the Author and Bulgarian Properties Ltd. and is presented for information purposes only. We have made every effort to ensure the accuracy of the data. However, Bulgarian Properties Ltd. cannot be held responsible for loss or damage as a result of decisions made based on the information presented in this article.
© Bulgarian Properties Ltd. 2010
Read more news
15/November/2011
Focus news, 14.11.2011
The deals with properties in Vidin (Northwestern Bulgaria) are increasing, as for some of the quarters this year the increase is up to 80%. This is what Polina Stoykova – operations manager in a real estate agency – told Radio Focus -Vidin.
This increase is mainly due to the deals with agricultural land, but there are also more deals with apartments, Ms Stoykova explained. The arab... read more
01/February/2012
аfter an article in Trud Daily, 01.02.12
The Ring Road is not only a trade mark of the capital Sofia. More and more people in the big cities around the country identify a perimeter in which they would like to live. But the have some conditions – to have fast access to the city’s downtown, to the amenities and to their workplace.
The trend to migrate to areas around the city is a recent one in Bulgaria. With the reconstruc... read more
27/July/2011
pochivka.com
A new airline has entered the Bulgarian market. The Bulgarian seaside city of Bourgas welcomed the first flight of German Sky Airlines a few days ago. The airline company will have regular flights every Friday until the end of the tourist season.
The 181 passengers from Düsseldorf were welcomed with Bulgarian roses and souvenirs. Each of the passengers also received a guidebook wit... read more
11/April/2012
propertyshowrooms.com, 11.04.2012
The real estate market in Bulgaria has begun to stabilise, with a rise in the number of transactions concluded recorded by local agents.
Figures released by property consultancy Yavlena revealed the volume of deals climbed by 22 per cent in 2011, compared to a year earlier, the Sofia E... read more
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