Bulgarian Property Market

Russian property buyers in Bulgaria are divided into two main groups, as shown by analysis of the Green life. The first group, which according to the data is 62.5% of customers looking for the best price deal. These buyers expect to receive 20% discount for the original proposal from 70 000 to 75 000 euros for an apartment in Bulgaria, with one bedroom. The second group is inclined to accept the original price, but instead wants to get a good infrastructure, high quality and excellent views of the window. Basically they are looking for home park Wednesday, and apartments on the seafront. With regard to social status, 38.3% of Russian clients in the Bulgarian real estate market – business owners, 41.6% – top managers and servants in positions of responsibility, the remaining 20.1% represent a diverse group. Age distribution was: 17.6% – 30-40 years, 32.9% – 40-50 years, 49.5% – 50 years. 89.3% of the buyers are investing in buying property in Bulgaria's own funds, and only 10.7% use bank financing. The purpose of buying property in Bulgaria to 98% of all cases – for personal use, 22% – for investment purposes.