Bulgaria No. 1 Destination for Russian Real Estate Buyers

Business » PROPERTIES | July 8, 2009, Wednesday // 15:07
Bulgaria: Bulgaria No. 1 Destination for Russian Real Estate Buyers Bulgarian properties are the most popular among Russian real estate buyers. Photo by BGNES

Bulgaria is the most popular destination for Russians seeking to buy real estate property abroad.

This becomes clear from a report of the DOKI real estate agency, as cited by the BGNES news agency.

According to the provided data, 25% of the Russians seeking to acquire property abroad over the last four quarters have chosen Bulgaria.

Thus, Bulgaria tops such popular destination for Russian real estate investors as Spain (13,3%), the Ukraine, Cyprus, and Turkey (6,1%), in the order ranked by the report.

The average sum that Russian buyers spend for real estate purchases in Bulgaria is EUR 32 400.

According to DOKI, the USA and UEA have registered the greatest decline in popularity among Russian real estate buyers.

 

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Tags: Russia, Russian, real estate, property

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