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According new research of the Bulgarian property market residential prices in Bulgaria have stabilized at the end of last year, while transaction volume began to grow.
The Bulgarian real estate market is supported by buyers, who spend more on property that cost between 45000 and 65000E. The main buyers of the property market in Bulgaria are Russian and British.
Bulgaria still ranks first in Russia among the countres that attract the most property buyers
Bulgaria is still on the first rank list in Russia among the all countries that attract the most buyers with middle live standart. There is a growing interest in the Bulgarian resort real estate from buyers from Macedonia, Turkey and Greece as weel.
Last year the property prices have fallen by 25-30%.At this level the Bulgarian property market will stabilize in 2011. The crisis is not yet fully overcome, but there is already a deficit of residential properties with southern location with two or three rooms. They are offered at prices ranging from 45000 to 65000 euros, the price at which the Russians are buying a second property on the Bulgarian Black Sea coast
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