Weekly news

 
BULGARIAN BLACK SEA RESORTS PROPERTY DEALS ON THE RISE
09:10 Fri 11 May 2007
 

Just before the start of the summer season, the number of holiday properties on sale along Bulgaria’s Black Sea rose sharply.

In the northern summer resorts of Zlatni Pyasatsi (Golden Sands), St. Konstatin and Elena and Slunchev Den (Sunny Day) more than 250 one bedroom, two bedroom and three bedroom apartments were put on sale, imot.bg said, as quoted by Dnevnik daily.

The number of holiday properties on offer in southern Black Sea resorts was 650, almost triple that in the north. Most offers were concentrated in Slunchev Bryag (Sunny Beach), St. Vlas and Elenite.

The average price of vacation apartments was 900 euro a sq m and the highest prices were 2500 euro.

Elements characterising properties on offer at higher prices include noiseless lifts, pools, green areas and all-year maintenance of the property.

Brokers say that a third of apartments now on offer belong to investors who bought them three or four years ago at prices from 600 to 800 euro a sq m.

 
Printer friendly version
 
 
 
 
Custom Search
Free Daily News Alerts
BNB Fixing 05 Sep 2008
EUR1.4488USD
EUR0.8086GBP
EUR1.95583BGN
USD1.34997BGN
GBP2.40569BGN
 
 
 
Download first page