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
2024 kicked off with a dynamic property market in Bulgaria, and this activity was sustained throughout the first quarter, making it one of the strongest quarters in housing market history. This was confirmed by data from the Registry Agency, which showed an increase in sales volumes in the country's leading markets.
This year, the market switched into a higher gear. T...
Spring is here, bringing new opportunities in the real estate market!
March was a month full of property transactions, reinforcing market activity and allowing us to successfully conclude the first quarter of the year. We witnessed significant movement not only in the major cities but also in our favorite seaside and ski resorts. Additionally, the season for buying rural houses is i...
We are proud to announce the opening of our new office in the city of Dupnitsa, located at Knyaz Boris I Street, No. 1, Floor 1.
This strategic move is part of our mission to be as close as possible to our customers and to provide high quality local service for both buyers and sellers.
In our new office, clients will be able to take advantage of the ful...
In a series of materials, we present you with useful information on how to best prepare your home for viewings and how to determine the right price of your property.
Here we will focus on the heart of the transaction. Buying and selling real estate often seems a complicated and cumbersome procedure, requiring a number of documents and communication with various institutions. And buy...
