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
BULGARIAN PROPERTIES CEO Polina Stoykova was a speaker at the panel "The Future of the Real Estate Sector" at the "Sound of Money" forum.
The forum is one of the largest economic events in Bulgaria. It took place on June 6, 2023, at the Sofia Event Center and brought together leading experts from international, European, and local institutions, as well as representativ...
It is already June and we are confidently heading towards the end of the first half of this year!
After the festive May, in which we had more holidays and more frequent interruptions in the work process, we expect increased activity in the new month and new successful deals for our customers.
They will be taken care of by the entire BULGARIAN PROPERTIES team, which ha...
With summer season already here, it's the perfect time to start planning your beach getaway along the picturesque Black Sea coast in Bulgaria. As you embark on the journey of finding your dream beach holiday home, there are key extras that can elevate your experience and make your stay truly exceptional.
From magnificent beach views to convenient amenities, BULGARIAN ...
The warm months are here, and the real estate market is in great shape! Proof of this is the winners in our monthly ranking - colleagues from offices across the country who specialize in selling various types of properties - from new constructions to rural and vacation homes, plots of land, and commercial properties. All of them managed to achieve amazing results and make April better than last ye...
