Business

Lifestyle

Politics

Society

Sports

Home » Business

The interest in luxurious estates in Bulgaria increases

Submitted on Thursday, 23 April 2009No Comment

The economic crisis decreases the price of luxurious estates, which csot about 1,5 million euro at the moment. Previous buyers are withdrawing from the market due to the crisis, and the estate owners are forced to decrease the prices if they want to sell the estates.

The biggest interest is for the villas in the neighbourhoods Boyana and Dragalevtsi in Sofia. Luxurious apartments and houses in the center of Sofia are also preferred. The price of these real estates varies between 1 and 5 million euro.

The estate sells companies also use new strategies when selling estates. At first, the apartments are rented, and the tenants that intend to later buy the estate are given preference.

According to brokers, the real estate selling business will stabilize within 4-5 years.

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