With 20-30% have fallen real estate prices in big cities and along the Black Sea

With 20-30% have fallen real estate prices in the central part of the big cities in Bulgaria and Black Sea. Most dramatically reducing the prices of properties in Sunny Beach – 50-60% of the hotels, which are more distant from the beach.
However, the property market in Bulgaria is slowly comes alive, „said Diana Kirova, president of the Federation for real estate in Bulgaria.
Major investors in Bulgaria continue to be Russia and Ukraine. Most buyers are from Moscow and Kiev, who are looking for luxury apartments on the northern Black Sea coast of over 250 000 euros and offices with 2500-3000 prices per square meter.
Problem outside the summer season – no direct flights Moscow-Varna and visas for Bulgaria.

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Finance