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BULGARIAN PROPERTIES published its analysis for 2Q 2013
The trend for activisation and returning to the market of the Bulgarian buyers in the large cities, which we outlined in the first quarter, continued and even strengthened in the second quarter of the year. Bulgarian buyers’ interest remains focused on Sofia and Plovdiv, while in Varna and Burgas along with the traditional demand from local buyers properties are also being actively bought by Russian buyers.
The beach properties continue to dominate and take the largest share of holiday property sales. The volume of the concluded deals in 2013 remains at the levels from the second half of 2012 when the seaside holiday market experienced a real demand recovery and a start of a new cycle in its development.
The sales in the ski resorts and in Bansko in particular remain significantly less than those concluded in the beach resorts. However, we have witnessed a stabilization there as well and an increase in the demand, which has remained even during the summer season this year.
If you wish to receive the full analysis with detailed information about cities, resorts and rural properties, please send us an enquiry via e-mail.
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