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Bulgarian buyers of holiday properties have leveled with the Russians

novinite.com

28.11.2017

Bulgarian buyers have already leveled out with Russians who signed holiday properties deals in 2017, SEGA reported.

According to recent analyzes of a real estate company, Bulgarian buyers account for 35 per cent of the total market and the share of Russian citizens is 36 per cent. The local market is already sustainable and not temporarily activated at the expense of the Russian.

Brokers have emphasized that we are already witnessing the creation of a culture of investment in holiday properties, including Bulgarians working and living abroad.

Both Bulgarians and Russians did not worry to buy holiday properties still in construction.

Differences in values ​​in 2016 and 2017 are minimal. Future owners are not in a hurry, they take quiet and slower deals, explains Theophil Petrov.

The forecast for the year 2018 is that growth will be seen again with 5 to 10 percent. And it will stay for another 1-2 years.

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The published article is a translation/revision of the original article or material of the relevant quoted media. According to the Copyright Act of the Republic of Bulgaria (art. 9), the copyright on the translation or revised text belongs to the person who did it without prejudice to the rights of the author of the original text.

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