0
Hello,
Favourite properties (0)
Saved searches
Selected for you
Notifications
Subscriptions
Settings
Sign out
Close

The CEO of BULGARIAN PROPERTIES About the Property Market on the Bulgarian National Television

2009-01-22   |  BULGARIAN PROPERTIES Head Office

Mihail Chobanov, the Executive Director of BULGARIAN PROPERTIES, commented the situation on the real estate market and the trends on the Bulgarian National Television morning program Denyat Zapochva.

Mr. Chobanov noted that in 2009 the prices of real estate in Bulgaria are not expected to increase but added that no mass decrease is expected either – this can happen only in certain segments. On the question about the situation on the credit market he answered that it is quite dynamic and that the situation there changes constantly.

BULGARIAN PROPERTIES’ Executive Director pointed out a couple of times that at the moment we are witnessing a market of lessors and lessees as most people are waiting to see what direction the real estate market is going to take.

On a viewer’s question whether the interest towards properties in the towns and villages around the big cities had increased Mihail Chobanov said that according to the company’s 2008 analysis more and more people are interested in the settlements around Sofia, Plovdiv, Varna and Bourgas and that there is a lasting trend on the part of Bulgarians to buy properties in these locations with the idea of moving to live there permanently.

In conclusion Mr. Chobanov noted that 2009 will be the year of the buyers with cash and of much more attractive real estate prices.

Click here to watch video
Video with English subtitles coming in few days. Please check again soon.

Request our annual market report

  Read more news

Share
Festa Chamkoria Forest Residence - Turnkey Apartments for Sale in Borovets
Feel at home in Borovets! Buy your own vacation apartment in a completely finished and operational complex with quiet location among a century-old pine forest. Available studios, 1- and 2-bed apartments at attractive prices, no buyer's commission. With guaranteed rent!
See More
Euphoria Club Hotel & Resort - your paradise in Borovets!
Fully furnished studios and 1-bedroom apartments in a unique complex in Borovets. All-year-round complex with all needed facilities for your comfortable stay - lobby bar, reception, bar and restaurant, outdoor and indoor pool, SPA center, underground parking and many more. Choose your holiday home here! No buyer's commission! Suitable for rental income.
See More

More News

latest news
We've opened a new office in the heart of Dupnitsa: Visit us at Knyaz Boris I Street, No. 1

We are proud to announce the opening of our new office in the city of Dupnitsa, located at Knyaz Boris I Street, No. 1, Floor 1.

This strategic move is part of our mission to be as close as possible to our customers and to provide high quality local service for both buyers and sellers.

In our new office, clients will be able to take advantage of the ful...

28 March, 2024
latest news
Selling property in Bulgaria? Check out what documents you will need!

In a series of materials, we present you with useful information on how to best prepare your home for viewings and how to determine the right price of your property.

Here we will focus on the heart of the transaction. Buying and selling real estate often seems a complicated and cumbersome procedure, requiring a number of documents and communication with various institutions. And buy...

22 March, 2024
latest news
How much is your property worth and how to set a perfect listing price?

When deciding, or even just considering listing a property for sale, our first question is often: What price should I be looking for my property.

Every homeowner is probably trying to do their own mini market research. They look at the listings in their area, read the latest statistics on property transactions, turn to an agency to get an idea of what they can get.

Ve...

18 March, 2024
Company news
BULGARIAN PROPERTIES Agents of March 2024

Spring comes with new opportunities in the real estate market in Bulgaria!

February showed us significant activity in the real estate market, spanning the entire country, and that gives us plenty of reasons to be optimistic.

Latest market data and trends:

- We are seeing an increase in issued new building permits - a sign of growing interest in new dev...

05 March, 2024

REQUEST DETAILS