17.04.2020 Virtual property tours are a hit on the market!
Real estate is no exception and, although often considered a more conservative sector with less penetration of new technologies, the current crisis proves the opposite.
The real estate agencies quickly switched to online mode and within a month managed to implement a number of technological innovations in their work so that they could stay close to their clients.
Virtual property tours are the most popular of these innovations. They are expected to help solve the difficulties with conducting physical inspections because it is not impossible to travel and we all need to stay home.
What are Virtual Viewings?
In a real virtual viewing is one in which the property is shot with a special 360-degree camera, which allows you to view the rooms spatially, to be able to look from different angles, to move in all directions, to walk virtually in the rooms, to see the sights and feel the overall atmosphere.
All this is even more real if you have virtual reality goggles or the so-called VR headset. They are available for purchase at any hardware store online, and are priced from 10 Euros - fully affordable and a great tool for virtual property tours. At any time of the day!
But even if you do not have such glasses, you can still see the virtual tour of the property on your computer or smartphone.
Try it, this is the future! Explore our properties with 360 degree tours 🌐
We are slowly returning to our normal everyday lives and the Bulgarian property market is experiencing a growing demand and a rising volume of deals after the corona virus lockdown.
Here are the present market trends which mark the start of a new beginning for the property market in Bulgaria:
🔵 Technology stays with us to help us in the new reality! We will ne...
The average selling price of residential properties in Bulgaria's capital Sofia increased by 4.0% on an annual comparison basis in the first quarter of 2020, local company Bulgarian Properties said.
The average price of dwellings in Sofia reached 1,120 euro ($1,219) per sq m in the first quarter, the realtor said in a quarterly property market analysis published last week.
High activity during the first 3 months of the year and acceleration of the price growth to about 4% on an annual basis. This is how the real estate market in the Bulgarian capital of Sofia developed until mid-March, when the state of emergency was introduced and many economic activities where put on hold.
Average Prices and Annual Change
In the first quarter of 2020...
BRITS could return to Bulgaria's Sunny Beach as soon as July as the country reduces its lockdown measures.
To encourage tourists, beaches will also offer free loungers, sun beds and tables when they open again for business.
Bulgaria has managed to keep coronavirus cases relatively low - the country has reported just 1,704 infections, and 50 deaths.