On the Bulgarian real estate market may be new opportunities

Recently, the Bulgarian real estate market is going through hard times, but the future economic conjuncture could be a little more favorable for potential buyers and sellers. Address real estate agency experts report that in the last quarter of 2009 the most "popular" prices for real estate in Bulgaria's capital Sofia and the third largest city of Varna is about 40 000 euros. According to the agency, about 73% of buyers of Sofia and Varna said they would have purchased a property if it was sold at that price, said marketing manager Address Kaloyan Bogdanov. "Earlier in 2009, people were willing to spend on buying a home up to 50 000 euros, but now they have become more cautious. The majority of buyers simply do not have enough funds for this "- he said. Stimulating factor in sales could be the so-called alternative transactions in which one of the participants would have sold one property in order to use the money to buy the other, - says the manager Address Tsvetelina Tasseva. On this Site sofiaecho.com