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11.01.2008 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.

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The First "Bile Fest" - Herbs Dedicated Festival Will Be Held on the St. Anastasia Island in Bourgas


The island of Saint Anastasia will welcome guests with folk rituals for health and fertility in the first edition of the "Bile Fest", a heraldic festival, announced Burgas Municipality.

More than 50 participants will take part in the event with herbs and healthy foods, curative extracts and ointments, and will show the authentic ways of preparing them.

The accompanyin... read more

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The Residential Market in Sofia During the First Quarter of 2019 - Increased Activity and Unchanged Prices

Polina Stoykova MRICS, Executive Director of BULGARIAN PROPERTIES

BULGARIAN PROPERTIES takes care to keep you well informed and presents you regular market reports and statistics as part of the overall service for our clients. Whether you buy or sell property, you can rely on us!


It seems that 2019 will bring the long-awaited market equilibrium through a balance between supply and demand while maintaining stable property prices.... read more

Public Transport in Sofia is Becoming Greener


Public transport in Sofia is getting greener in recent months. This is why the new YUTONG E12 electric buses, which run on the public transport lines in the capital, contribute to this.

Changing transport habits is a very slow process that requires new behavior, investing new infrastructure, reported. YUTONG E12 buses run for 5 months now in Sofia.

These v... read more

Almost 12 million Passengers Have Passed Through Bulgarian Airports in 2018


2018 was a successful year for Bulgarian aviation, characterized by consolidation of market positions and addition of production capacities on the other. This was reported by the chairman of the Association of Bulgarian Airlines Svetoslav Stanulov during the annual report of the association for the s... read more