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BULGARIAN PROPERTIES' Head of Operations in an interview for a Romanian TV
BULGARIAN PROPERTIES’ Head of Operations and Property Research Polina Stoykova MRICS was recently interviewed for the Romanian business TV channel 'The Money Channel' in Metropolis broadcast.
Polina Stoykova shared her insights about the following topics:
- The interest by Romanian buyers to properties in Bulgaria
- Property prices in Sofia and latest market trends
- Vacation properties on the sea and in the ski resorts
- The interest by Russian and British buyers and why they choose to buy in Bulgaria
- Renting a property in the Bulgarian beach resorts for the summer season
Polina Stoykova shared that BULGARIAN PROPERTIES registered an increased interest from Romanians in the years of 2007-2008. The Romanians started to be interested vacation properties mainly in the area around Varna and the Northern Black Sea coast, but the crisis came very fast and this interest could not increase. Currently the Romanians are present as tourists as they like the Bulgarian Black Sea resorts, she added.
She comments that the investment in terms of capital growth and rental income is going to be more possible in big cities like Sofia, Plovdiv, Varna, Burgas that have steady markets and have great opportunity for growth. She thinks that for the foreigners who are looking for a second home in order to spend their vacations there and for own personal use now there are very good opportunities to acquire something that is affordable like an apartment on the Black Sea coast. At present an apartment can be purchased for 25,000 Euro and these are prices that have never been on the market.
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Watch the full interview with Polina Stoykova in English here:
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