International Conference

May 29 in Sofia, the international conference Century 21, which discussed the status of the property market in countries such as Bulgaria, Macedonia, Serbia. Experts have confirmed the fact, which is currently virtually all experts say real estate in Bulgaria – Bulgarian real estate market stirred up. Also during the conference presented a project for which international funds are willing to allocate finance worth about 100 billion euros for financing and dofinansirovaniya various construction projects. This applies to starting projects and to projects that build company for financial reasons can not be completed. On the other conference – Real Vienna, an opinion was expressed by Gerhard Brayndla, director of real estate, Erste Group bank AG: Eastern European countries are accustomed to economic and financial crises and managing them better. Another Braydl said: “I see tremendous potential for positive development in the East European region. ” In addition, he said, Bulgaria and other Eastern European countries continue to remain attractive destinations for foreign investment, which will help further economic development of countries.

And Peter Obershner, a partner company koksaltingovoy WolfTheiss said that “pseudo-statements” and tests, as well as negative news, which are published on a number of countries, repel those investors who are not familiar with the region. Others who know the specifics of the region are in the best position and can properly assess the risks associated with this market and make an investment decision. “May 28 This indicates Sofia and held in Sofia, the press conference that the Bulgarian real estate agency and construction company noted that the property market in Bulgaria was excited. Growing interest and activity potential buyers, prices will not fall, and in the future price adjustment downward may be expected only for real estate revaluation, and this will be expressed in a low percentage. According to a member of the National movement of real estate Basil shops, a further decline in property prices might otherwise only be achieved at the expense of construction quality.

Luchezar Iskrov, chairman of the Commonwealth, said the good news: Buyers returned to the market and distrust diminished. This is confirmed by data on Russia. The interest of the Russians to real estate in Bulgaria is high. Buyers interested in the main segment of the price from 50 to 100 thousand euros, as well as property with a value exceeding EUR 1 million. These data showed the result of questioning the visitors of the international real estate in St. Petersburg May 16 and 17. For two days the exhibition was visited by about four thousand people. Properties between 50 and 100 thousand euros would buy about 48% and cheaper than 50 thousand euros – 29%. For real estate in the range of 150-300 thousand euros targeted 13.4% of respondents. Interest predstavlaet and expensive real estate – the value of 300 thousand euro to 1 million euros. Such a property ready to buy 2.5% anketirovannyh and luxury properties – more than 1 million could buy 4.4% of the respondents. Professional real estate market, anketirovannye on another event during the International Congress Inforeal also believe that most buyers set the price range of 50-100 thousand euros. It is expected that the Bulgarian property market and in June will continue the present pace of activity, and the sale will be sold at close to the price already reached, but only objects with a really good performance.