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Buyers in summer resorts most active in September and October
Realtors predict that buyers of seaside properties will become more active in September and October.
"It is still too early to talk about the end of the season. The sales are increasing right now," said Polina Stoykova, Chief Operations Manager of BULGARIAN PROPERTIES. The trend for more deals in the cooler months is determined mostly by the fact that the main buyers from abroad come to Bulgaria during these months not to rest, but to acquire a property. One-bedroom and two-bedroom apartments are most sold properties. In major coastal cities the demand is greater.
"In September and October there are more concluded deals than there are even in the summer months," said Polina Stoykova. The largest group among buyers remains Russians. Bulgaria’s summer resorts are attractive also for Belgians, Germans, Israelis and French, sometimes buyers from Egypt and other countries.
However, the political crisis in Bulgaria has not affected the real estate market. Business activities in the property segment remain stable.
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