Underwater stone buying cheap property

Some property buyers are worried that if the price is too low (for example, 50 thousand euros), something with the proposal is not right. In many cases, really is so true, however, and that some factors, the price drop might not be essential for the buyer.
In some cases, buyers in Bulgaria is available to 50 percent reduction, said before the Internet magazine Metrinfo.Ru Igor Indriksons, director of the department to invest in property abroad in the Russian agency IntermarkSavills. The overall decline in the secondary market to the first quarter of 2009 was 20 percent, while the primary is affected more severely. Second line of the sea may buy property for € 700 per sq. m and in high places and for 500 euros, reads the article.
In Turkey – other destinations to which the Russian buyers now have a strong interest in property prices in the words of Indriksons not come under the influence of economic shocks. Property on line prices between 1000 and 1500 euros for sq. m. For the most elite destination traditionally considered Bodrum as follows there can be expected such prices. In other areas of the country may be searched on line properties and € 800 per sq.m. Those who do not hold the sea, you can focus on mountains or in complexes to rivers, where prices may have been 300 euros for sq.m.
In search of underwater stones into inexpensive meter
To imagine that a developer proposes to house not more than 1 kilometers from the sea for 25 thousand euros, says the publication. The proposal is attractive, but raises the question „Is it not too cheap and what is wrong?“.
„In principle, there is something – failures or lack of available infrastructure,“ explains Julia Kaynova expert Agency Century 21 BeverlyWood Realty. „You can not expect high quality construction and luxury for such money. Nevisokata value may be due to hidden construction defects or problems with the permit documents. To a great extent are probably other reasons – to provide facilities at the final stage of construction, apartments with a small area with poor performance and others.
In the economic category fall neloshi and residential complexes, attracting buyers with good discounts. Education Board chief is wisdom „Trust but check“ – ie do not have to buy blind, and to visit the property. During the visit will become clear what problems may arise and what is a victim because of the low price.
Most of the buyers of resort properties in the first place keep access to the beach. Sometimes, however, when cheap Bulgarian properties This is offered in sacrifice. „Only a small number of complexes located in the real line, have direct access to the beach,“ notes Stanislav Zingel, president of real estate agency Gordon Rock. „The other complexes located in the second and third line and beyond, have no direct access. All beaches in Bulgaria are open to holidaymakers, but not always the natural features of the site make it easy to get to them. “ In the most popular resorts such as Sunny Beach, Sveti Vlas, Albena question of accessibility to the sea is determined, and for other local councils to examine personally.
Buyers still incomplete object can not be comfortable until the end. As the Indriksons in Turkey all the construction sites are, in Bulgaria there is sufficient incomplete. Purchases in the secondary market risks are less.
However, if you invested in the form object, which plan to relax after a year and a half-time when there is found a construction site? „Yes, there are builders, whose financial situation causes fear, which always warn customers“, commented Polina Malisheva, director of the Moscow representation of AN „Premium-grupp. „Sound business but change the length of the transmission site to provide apartments for holiday shoppers, similar to those purchased.
25 to 50 thousand euros: studios and two
The selection of proposals for this money is doing. In Bulgaria, for example, 25 thousand can be found a little studio 500-800 m from the sea or further writes in the article. „If the property is located in far unpopular resorts (White, Kranevo, Kavarna), in this quality parameters and the apartments will cost less, attention Malisheva. Studio ready complex north of Varna is more expensive than a one bedroom apartment in White for example.

If the amount is twice as large, ie 50 thousand euros, it’s easy to find a studio in a popular resort.
About 20-25 thousand Indriksons proposes to seek a one-bedroom apartment second line on the Bulgarian coast or the mountain complex. In Turkey, for that money can buy small studio, but not in Bodrum, but rather in Alanya, or 2-bedroom apartment with an area of 40-45 square meters of 4-5 km from the sea.
Here are some advantages and less when purchasing a cheaper home:
Advantages:
+ Economical
+ Now has the opportunity to find a good option
+ Mortgage increases the chance to buy a decent property
+ Any possibility of resale at a higher price later
Less:
– Danger of nevisoko quality construction
– Possible problems with the documentation
– No access to beach
– Poor infrastructure

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