Call
Send Email
Messenger
WhatsApp
Mihail Chobanov on NOVA TV about vacation homes during the pandemic
Mihail Chobanov, owner of BULGARIAN PROPERTIES, was a guest in the morning block of NOVA TV "Wake up" on Saturday, 20.02.2021. He was invited to comment on the current trend of increased demand for properties on the Bulgarian Black Sea coast and the holiday property prices.
'Bulgarians have been the main driving force on the holiday property market by the sea over the past 2-3 years. If two years ago, they were about 50% of the market, the pandemic turned them into a leader', said Mihail Chobanov.
'Interestingly, it cannot be said that prices have risen significantly. What Bulgarians buy are more expensive holiday properties compared to previous years. They buy them cash, without mortgage', he added.
'Traditionally, Sozopol is a preferred place for Bulgarians. The other two or three places that stand out as higher in price range are the village of Lozenets and parts of Sveti Vlas', said Chobanov.
'During the real estate boom back in 2005-2008 the largest construction on our Black Sea coast was in the area of Sunny Beach and Ravda. Accordingly, there are the most properties on the market, so for 20,000 Euros it is not impossible to buy a decent apartment within walking distance to the beach.'
View Mihail Chobanov appearance on TV (in Bulgarian) 🎥👇
Check our beach property offers
Read more news
More News
The real estate market in Bulgaria's major cities is calmer than expected, just months before Bulgaria joins the eurozone. The euphoria and large sales volume remained in the first half of the year, until the decision to accept the country into the eurozone. This was commented on by Polina Stoykova MRICS, Managing Director and co-owner of the real estate agency Bulgarian Properties, during the Rea...
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...
