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29JulBulgarian Property Market Comments OffOn 22.07.2011 the Bulgarian National Statistical Institute (NSI) announced its data for 2Q 2011 for the prices of apartments in the regional cities around the country. Statistics shows that the decrease in the prices continues but now it is still slowing down as in most cities it is about 5%. This is also what the data of BULGARIAN PROPERITIES show which we announced in the beginning of July in our 2Q 2011 market analysis.Average prices of apartm (Read more...)
Tags: Statistics of apartment prices in Bulgaria 2Q 2011. Flat, apartment, house for sale in Sofia
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29JulBulgarian Property Market Comments Off„Total loss!" This is how a real estate agent would react if you told them that 4-5 years ago you bought an off-plan seaside apartment for 1,300 EUR/sq.m. and now, after finishing and furnishing it you want to sell it for at least 700 EUR/sq.m.This is the reality for foreigners looking to sell their properties in Bulgaria now. In most cases they are UK citizens who came in great numbers to Bulgaria attracted by the mild climate, cheap life a (Read more...)
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29JulBulgarian Property Market Comments OffAccording to the recently published data of the Bulgarian Registry Agency for the sales of properties in 1Q and 2Q of 2011 for the first time since the beginning of the crisis the number of concluded property deals is increasing. BULGARIAN PROPERTIES announced similar data in our analysis of the last quarter as we interpret the increase in the number of sales as the first positive signal for the beginning of recovery of the real estate market. Th (Read more...)
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29JulBulgarian Property Market Comments Off„Total loss!" This is how a real estate agent would react if you told them that 4-5 years ago you bought an off-plan seaside apartment for 1,300 EUR/sq.m. and now, after finishing and furnishing it you want to sell it for at least 700 EUR/sq.m.This is the reality for foreigners looking to sell their properties in Bulgaria now. In most cases they are UK citizens who came in great numbers to Bulgaria attracted by the mild climate, cheap life a (Read more...)
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29JulBulgarian Property Market Comments OffOn 22.07.2011 the Bulgarian National Statistical Institute (NSI) announced its data for 2Q 2011 for the prices of apartments in the regional cities around the country. Statistics shows that the decrease in the prices continues but now it is still slowing down as in most cities it is about 5%. This is also what the data of BULGARIAN PROPERITIES show which we announced in the beginning of July in our 2Q 2011 market analysis.Average prices of apartm (Read more...)
Tags: Statistics of apartment prices in Bulgaria 2Q 2011. Flat, apartment, house for sale in Sofia
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29JulBulgarian Property Market Comments OffAccording to the recently published data of the Bulgarian Registry Agency for the sales of properties in 1Q and 2Q of 2011 for the first time since the beginning of the crisis the number of concluded property deals is increasing. BULGARIAN PROPERTIES announced similar data in our analysis of the last quarter as we interpret the increase in the number of sales as the first positive signal for the beginning of recovery of the real estate market. Th (Read more...)
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28JulBulgarian Property Market Comments OffRussian restaurants, bookshops, shops, Russian units in real estate agencies, Russian speech along the streets and on the beaches… In the last couple of years the Bulgarian Southern Black Sea coast is Russian territory where many of the signs and menus are written also in Russian.It can’t be any different as at present 90% of deals with holiday homes along the Bulgarian Black Sea coast are concluded with Russian buyers. For now the influx doesn’t (Read more...)
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28JulBulgarian Property Market Comments OffRussian restaurants, bookshops, shops, Russian units in real estate agencies, Russian speech along the streets and on the beaches… In the last couple of years the Bulgarian Southern Black Sea coast is Russian territory where many of the signs and menus are written also in Russian.It can’t be any different as at present 90% of deals with holiday homes along the Bulgarian Black Sea coast are concluded with Russian buyers. For now the influx doesn’t (Read more...)
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25JulBulgarian Property Market Comments OffThe 14th edition of the ever popular International Jazz Festival in Bansko – Bansko Jazz Fest - will take place between August 8th and August 13th in the resort of Bansko, like every year since its founding in 1998. Bansko Jazz Fest is the biggest summer music festival in Bulgaria. Its great popularity among musicians and fans from all over the world has turned it into one of the most important cultural events on the Balkan Peninsula. For six day (Read more...)
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25JulBulgarian Property Market Comments OffThe 14th edition of the ever popular International Jazz Festival in Bansko – Bansko Jazz Fest - will take place between August 8th and August 13th in the resort of Bansko, like every year since its founding in 1998. Bansko Jazz Fest is the biggest summer music festival in Bulgaria. Its great popularity among musicians and fans from all over the world has turned it into one of the most important cultural events on the Balkan Peninsula. For six day (Read more...)
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