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Attractive Prices Remain the Decisive Factor in Purchases of Real Estate in Bulgaria - 13 May, 2011
A real estate conference taking place in Sofia, Bulgaria this week has revealed that although the market for property in Bulgaria will remain ‘moderate’ for the next 1 to 2 years, attractive prices remain the decisive factor in keeping the market buoyant, according to property experts House Sales Bulgaria (http://www.housesalesbulgaria.com/).

As the real estate experts at House Sales Bulgaria have previously stated, realistic pricing is key for anyone wanting to sell property in Bulgaria in this market. There is still demand for property in this perennially popular beach and ski holiday destination, but it’s the property which is priced to sell which, predictably, sells the fastest. The 2011 BalREc investment and real estate market conference revealed that while the residential property market in Bulgaria would remain at a moderate level for the next couple of years, correctly priced property is still in high demand.

According to Sofia’s Novinite news agency, prices ‘remain a decisive factor in purchases of real estate in Bulgaria’ and that ‘entrepreneurs who took part in the [conference] discussion agreed that in this respect the market is expected to remain unchanged in the next few years’. Maximilian Mendel from the Warsaw-based REAS market research company, an attendee at the conference, was quoted as saying that ‘from a mid-term perspective, the potential of the market remains high’. The market research analyst cited an insufficient supply of residential property in Bulgaria which met up-to-date requirements, as well as the long-term positive outlook of the Bulgarian economy as reasons behind this potential.

Finding property in Bulgaria which is priced attractively comes down to the method of your search. Choose a trusted and expert property finder such as House Sales Bulgaria, part of the Worldwide Group network of property websites, and you are presented with listings for quality property priced at realistic levels. View the best property bargains in Bulgaria at http://www.housesalesbulgaria.com/.
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