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

Prices of holiday properties in Bulgaria continue to drop

2012-01-04   |  Trud Daily, 04.01.12

The asking prices of holiday homes in the large resorts in Bulgaria continue to fall, an analysis of BULGARIAN PROPERTIES shows. Compared to the end of 2008 prices of apartments in Sunny Beach have decreased by about 45%. At the end of November 2011 the average asking price was 750 EUR/sq.m. and 51,400 Euro average asking price for an apartment. However, deals are concluded at 515 EUR/sq.m. or 32,400 Euro.

It is Russian clients who are most interested in beach properties and they find extremely good bargain offers of finished and furnished apartments that are ready to move in at prices up to 40,000 Euro. The Russians are the main buyers of holiday apartments (mainly beach apartments) in the last couple of years and this trend is to continue in the future, the analysis reads.

There is not a lot of optimism for the ski holiday homes either. Prices of properties in the largest ski resort in Bulgaria – Bansko, dropped by about 25% in the last year. To compare, the highest prices of Bansko properties were registered in 2008 and since then prices there have dropped by about 55%, BULGARIAN PROPERTIES say. The average asking price in Bansko in 2011 is about 715 EUR/sq.m. However, deals are concluded at an average of 500 EUR/sq.m.

  read more articles

Share
Properties in the Bulgarian Beach Resorts!
Check our selection of properties on the Bulgarian Black Sea Coast! Attractive prices, regular flights to Burgas and Varna international airports. Perfect for frequent visits, summer holidays and more.
See More
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

REQUEST DETAILS