Bulgaria's Property Sales to Russians See Contradictory Trends
Two very different trends are observed in the real estate sales forecast in Bulgaria to Russian citizens during the spring - summer season.
The situation in Russia and Ukraine and the devaluation of the Russian currency have resulted in two opposite trends regarding the property sales, according to an analysis of Bulgarian Association of real estate brokers, Bulgarian National Radio (BNR) reports.
According to brokers from Varna and Burgas, Russians will remain the main buyers of holiday homes on the Bulgarian Black Sea coast in 2014 summer season. A slight increase in residential property investments may be observed due to the ruble's devaluation.
Real estate brokers from the regions of Pomorie and Bansko expect an average to weak season for holiday homes because of the complex situation in Russia and Ukraine and the continuing devaluation of the national currencies of both countries, BNR informs.
Regarding the property market in Central Bulgaria, the expectations of brokers in this region are that the gap between the offer price and the optimal selling price will continue to shrink.
- » Sofia, Varna Property Prices Rise, Still Well Below Pre-Crisis Peaks
- » Bulgarian Real Estate Market Picking Up - Brokers
- » Concerts, Fashion Shows Attract Visitors to Mega Mall Opening in Sofia
- » Bulgaria’s Rents, Capital Values to Rise in Next 12 Months, RICS Says
- » Russian Buyers Of Vacation Properties On Bulgaria's Coast Waning
- » Ukraine, Belarus Make Up for Russians on Bulgaria's Property Market
We are direct provider for BG/SBLC specifically for lease, at leasing price of (3 % +0. 5% + X% ) of face value, Issuance by HSBC Bank London , Barclays Bank London , Deutsche Bank, & AAA Rated Banks
Our BG/SBLC Financing can help you get your project funded, financing by providing you with yearly renewable leased bank instruments. We work directly with issuing bank lease providers, this Instrument can be monetized on your behalf for 100% funding: For further details contact us
with the below information.
Contact : Andrey Dorofeev
Skype ID: andreydro.finance
Intermediaries/Consultants/Brokers are welcome to bring their clients and are 100% protected. In complete confidence, we will work together for the benefits of all parties involved.