Buyers from Belgium, South Africa and China Looking for Holiday Homes in Bulgaria
Buyers from Belgium, the Netherlands, South Africa, China, Ukraine, France, etc. are interested in holiday homes in Bulgaria, Mihail Chobanov – Managing Director of BULGARIAN PROPERTIES told Klassa Daily. He explained that there is still interest in Bulgarian holiday properties from Lithuanians and Estonians as he underscored that the main buyers are Russians and British, who like Bulgaria more and more and are considering moving here.
Mihail Chobanov commented that there is increased interest from many countries in the holiday home sector and that the range of buyers is wide.
Nevertheless, he noted that holiday home sellers are still selling according to their needs. There are properties equal in value which are sold at 400 EUR/sq.m., 800 EUR/sq.m. and even at 1,600 EUR/sq.m.
The best prices of this type of properties come from resale holiday homes which were bought at lower prices some years ago. Usually such deals are concluded with English and Irish who at present are selling their properties even with a small loss, the expert added.
Mr. Chobanov reported that in the last couple of months the company concluded deals with clients from more than 18 countries. He forecasts that the beginning of the year will be hard and that after the end of May there will be a gradual improvement in the sector. According to him the property boom years will never return.
According to experts in the branch there is also quite a lot of interest in properties on the part of Romanians as well. Most buyers along the southern Black Sea coast used to be British and now they are the biggest sellers. This area is very popular but the key to a sale is in price discounts.
In the resorts of Borovets, Pamporovo and Golden Sands there are very few deals because price there are still high, real estate agents say. According to them Bansko is a very popular property destination with investors as its location is wonderful.
View all our holiday home offers
Read more news
More News
🏆🌊 AGENTS OF JULY 2020
🌞 Summer is already in full swing, and the 🏘 real estate market in Bulgaria is also a hot place!
The activity has increased and we are now convincingly returning to the pre-crisis volumes of sales, this time the interest is not only in Sofia and the big cities, but to the whole of Bulgaria, including the sea and m...
At the moment - in June, the property market is quite active, the crisis seems to be behind us. At least that is what the behavior of the market participants shows. Overall, there is quite a good activity and it's as if we're back at the beginning of the year.
People who inquired about properties in early March are now returning to those same properties and are buying ...
Life is gradually restarting and we are witnessing an increased interest to Bulgaria 🇧🇬 as a country with very few 🦠 coronavirus cases and the Bulgarian 🏘 real estate market as one of the most attractive and affordable in Europe.
From strongly negative, the forecasts have began to become more optimistic. The current crisis has had a healing effect on ...
Bulgaria plans to lift an obligatory 14-day quarantine from June 1 for travellers from most European Union countries, but not those states with the biggest coronavirus outbreaks, a senior health official said on Friday.
The quarantine will remain obligatory for travellers from Sweden, Belgium, Ireland, Portugal, Spain, Italy and Malta, the official said, as well as the UK, which is ...
