Resale property in Bulgaria - Cheaper Means Cheaper

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situation on the secondary real estate market in Bulgaria is that the British - owners of luxury apartments, nice apartments and houses wishing to sell their property in the short term, are forced to reduce its price.The shore of the Black Sea is becoming a place for Russians to buy enough cheap second homes, which are sold by the British.You can make such a deal with the company New Estate Bulgaria.The company's specialists will provide effective assistance in an advantageous purchase of second homes in Bulgaria.

may seem suspicious that the British almost detriment dispose of their property in Bulgaria, where you can get a decent income from investments.

SETimes According to experts in the first half of 2011, prices on the secondary real estate in Bulgaria decreased by 5%, and for the time since the boom in Bulgarian real estate market, when the British were buying real estate, houses and apartments fell in half.The British sold their apartment transformed, ready to move in, equipped with the latest technology, furnished with modern furniture.What causes them to give up part of their funds invested more recently in 2006-2008, and is not there some trick?

In fact, everything is explained very simply.The fact that the objectives and means of buyers from the UK and Russian buyers are very different.The British bought property in Bulgaria for investment funds and receive income from the later of the date of housing for rent.To make such a deal, the British took loans from banks to pledge their own homes in the UK, which are invested in real estate.

global economic crisis has corrected these investments, and maintain expensive apartments Englishmen was not profitable.Those apartments and houses that were acquired to generate income are sold to repay the loans and savings of their own homes.And the apartment for a family holiday on the Black Sea coast of the English still prevails.

Russians also generally buy property in Bulgaria for the rest of the cash, so the debt to anyone they do not hesitate.Today, Russian buyers are offered not only apartments in resort complex and simple houses and apartments.Therefore, the owners of the secondary real estate in Bulgaria by the English can easily become a Russian family with an average income.