Call
Send Email
Messenger
WhatsApp
Russian Websites Full of Bulgarian Property Offers
Russian property websites are now full of offers for Bulgarian real estate, Monitor daily writes. More than 7 000 offers - out of a total of 24 000 - are now for Bulgarian developments indicating an increased Russian interest in Bulgarian properties, primarily in the holiday property segment.
Unlike the Irish and British, Russians do not usually buy for speculative reasons. Instead, they want to reside in the homes purchased. They prefer investing in high-quality establishments, either on the beach-front or with mountain views if at ski resorts.
А Russian client would not buy a resort apartment which has not been fully completed and is still in gypsum plaster and cement paste. These customers seek mainly turnkey offers for holiday units, according to brokers' observations. They add that Bulgaria is becoming a popular location because of its geographical and cultural closeness to Russia.
There is also an interest in apartment complexes situated in balneological resorts - like Sandanski, Velingrad and Banya village (near Bansko).
Rapid appreciation of real estate in Russia, particularly Moscow, is another factor stimulating interest in Bulgarian real estate. Middle class people opt to invest in property abroad so as to secure their money against devaluation.
Out of EU countries, only Latvia rivals Bulgaria in terms of the number of offers on Russian property websites. And yet, the total number of Latvian offers is less than half of those offered by Bulgaria.
Cyprus, which is popular with Russian holiday real estate buyers, is represented through some 2200 sale offers. Spain, Montenegro and Turkey lag far behind with 1981, 1089 and 1081 offers respectively.
View our hottest holiday home offers!
Read more news
More News
Twenty years ago, Bulgaria became one of the most attractive destinations for British buyers searching for affordable holiday homes and retirement havens. Now, two decades later, the trend is back – and stronger than ever.
One of the many inspiring stories we’ve witnessed recently is that of Yossef, a buyer from the UK who came to explore Bulgaria with the hope of find...
🏆 Your Trusted Partners in the Peak of the Real Estate Season!
As autumn settles in, the property market in Bulgaria is showing no signs of slowing down!
Between national holidays, the start of the school year, and the buzz of city life, we at BULGARIAN PROPERTIES have been working at full speed to bring buyers and sellers together in successful transactions...
Housing prices in Bulgaria are accelerating their growth on an annual basis compared to the first quarter, both nationally and in the country's major cities, according to data from the National Statistical Institute (NSI).
In the second quarter, housing prices in the country rose by 15.5% on an annual basis, which is a slight acceleration compared to the 15.1% growth i...
Bulgaria has long appealed to British buyers more than other Eastern European destinations.
A mix of affordable beach, ski and village life, it offers a bit of everything and regularly features in A Place in the Sun’s Top 10 Best Places to Buy Abroad rankings.
In this year’s list, Bulgaria comes in at number nine - above Dubai - with the average property...
