Latest News - Property - Bulgaria

It has already been a year since the Bulgarian real estate market was officially hit by the crisis. This report shows the latest data of BULGARIAN PROPERTIES about the current state of the real estate market in Bulgaria.

This article follows the trends on the Bulgarian office and shop commercial spaces in 2009 - average prices, price decreases in comparison with 2008, as well as top office and shop location prices.

Soon, Bulgaria will be home to one of Europe’s top 3 golf courses, in the form of Thracian Cliffs Golf and Spa Resort, which boasts an 18-hole Gary Player Signature golf course.

The luxury property segment followed the general market trend towards a decrease in the number of concluded deals. The prices of elite properties remained relatively stable as the decrease didn’t exceed 20%. Luxurious properties will recover first.

Ski resort properties in Bulgaria's most famous resort of Bansko have decreased with 50% and are very attractive to buyers. Finished apartments in Bansko can now be bought for as low as 28,000 Euros. Bulgarians and foreigners show increased interest.

The crisis didn't bypass the rural properties in Bulgaria. Their prices have fallen with 53% in 2009 compared to the average prices in 2008. This has brought the prices back to levels from year 2005. The buyers' interest is slowly rising.

Soccer mad Bulgaria traditionally hasn’t had much time for golf, but that is changing as people realise that the Bulgarian climate would suit the golfing season perfectly- stretching it out to eight or nine months a year.

Following a 3-month stabilization on the market, June brought a substrantial 50%-increase in the property deals at 50% lower prices. The British buyers are slowly returning to the market with a 10% increase in their number, searching for bargains.

Analysis of Bulgarian property price decreases in 2009 based on property offer prices and the prices of real deals. All data comes from the offers on BULGARIAN PROPERTIES' website www.BulgarianProperties.com, as well as the company property deals.

BULGARIAN PROPERTIES share advice on how to use the crisis and find a bargain property, how to negotiate the best price and what to be careful about when choosing a property in Bulgaria, all based on the company's experience in making deals in crisis

Where ever your property is in the EU, you’ll have seen its value plummet. However, EVERYONE has seen the value of their property plummet. Many are considering Permanent Property Exchange, which is a great way to get around a slowing market.

Interest towards rural properties in Bulgaria is rising due to attractive prices at levels from year 2006 and diverse supply of good offers for sale. Bulgarian and foreign buyers are monitoring the rural property market in search of bargains.

BULGARIAN PROPERTIES' summary about the property market in Bulgaria for the first 3 months of 2009. General market trends in property supply and demand, interesting facts about the market dynamics and information about the various market segments.

Overview ot the Bulgarian Property market for rural houses for 2008 and the beginning of 2009. Price comparisons with 2006, 2006 and 2007. Rural houses become cheaper and are very attractive to buy now.

NTC International, Inc. has announced its plans to start offering BMV investment properties in different Bulgarian locations: Sofia, Bansko, Kavarna, Sunny Beach, among others.

EuroGroup Real Estate, one of Bulgaria’s leading real estate companies, today announced its expansion into the European market, by establishing a partnership with one of the biggest real estate agencies in France.

The company wants to jump ahead in the bulgarian property market before Bulgaria enters the EU on January 1st, 2007.