An increasing number of British property buyers were displeased with their newly purchased properties in Bulgaria, which failed to meet expectations.
Sunday Times quoted Gavin Tweedie as saying that he purchased an apartment in Pamporovo winter resort. But when Tweedie arrived in Bulgaria to spend his ski holidays in his new property, “a lot of the things that were promised in the original plans weren’t there.”
He purchased flat in a five-star complex, but after completion of the construction, the complex was rated only three and a half stars.
Kate Shingleton was also unhappy with her purchase, the newspaper said. The promised spa bath, sauna and games room were missing.
Representatives of the company which sold the properties on behalf of the constructor, said that the project execution differed from original plans, but all facilities promised were provided.
Those who had purchased property in the complex “got a good deal,” because prices had risen, the company said.
Property expert said that such cased are “increasingly common” when people buy properties while still under construction.
Comments by david shaw - 12:49 03 Apr 2007 |
 | i can see the english point off view and also the bulgarians ,starting with the english first.
i would not put anything down untill i saw the finishing product, bad mistake. to me he should have come when the complex had been finished then he could have seen it, same as the lady, as this happens all over the world even in england,2 yes material does now go up as bulgaria has entered into the eu, and the prices do have to go up so there being the people that are building these complexes are having to charge a bit more. |  |
Comments by Victor - 13:59 03 Apr 2007 |
| As long as there is no regulation of builders and agents, these things will happen. This is the reason the “Quest for Real Estate Ethics” www.campaign.questbulgaria.com has been created | |
Comments by Kathy - 12:09 05 Apr 2007 |
| I do think it time for there to be more regulation in the property industry in Bulgaria and the idea for a campaign is a sound one. What concerns me is that agents and developers can become sponsors of the campaign without any checks on their own business ethics thus giving them an 'air of responsibility' that they may not deserve.
If sponsors were necessary they should have been from outside the property industry. | |
