Business

Lifestyle

Politics

Society

Sports

Home » Business

The real estate sector in Bulgaria: a market of buyers and construction leaders

Submitted on Wednesday, 1 April 2009No Comment

The ongoing crisis will show the real estate business the harsh reality; it will clean up the investment environment from speculative offers and non-profitable projects and will lead to a balanced level of estate prices. This will force the buyers as the leading people of the sector, insists the manager of “Tidar Bulgaria” Yoav Shenhar.

At the moment, Bulgarians are wary to purchase on the spot and prefer to see the project in progress. This gives them an advantage and is a guarantee for the stability of the companies, whose projects are already set in motion, added he.

The interest in projects that have already been started is also steady. Despite the slight decrease of prices, investors of projects that have already been started or even completed will inevitably profit. This situation will filter the serious businessmen in the field, so that they can continue their successful business even in the conditions of a shrinking market.

Popularity: 2%

Share and Enjoy:
  • Digg
  • del.icio.us
  • Facebook
  • Mixx
  • Google Bookmarks
  • email
  • Technorati
  • Live
  • MySpace
  • Reddit
  • StumbleUpon
  • Twitter
  • Wikio

Leave your response!

Add your comment below, or trackback from your own site. You can also subscribe to these comments via RSS.

Be nice. Keep it clean. Stay on topic. No spam.

You can use these tags:
<a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <s> <strike> <strong>

This is a Gravatar-enabled weblog. To get your own globally-recognized-avatar, please register at Gravatar.

More news from Business

» Large discounts for Bulgarian property
» Bulgaria real estate property increasingly attractive for Russians
» Russian pressure for the nuclear power plant Belene
» ORS aren't changing their plans for Bulgaria
» 700 jobs opened for the construction of Mall Pleven