In Bulgaria real estate market has been affected by the recent economic crisis, as a result in some areas the property prices have fallen by as much as 40 to 50 % and even more in other segments over the last 3 years.
As a result housing prices are very attractive to potential investors without any competition in comparison to other European Countries. Once the economy began its recovery, the slow increase in sales had a positive impact on a price growth. There is a rich supply, great prices and the buyers have the time to choose. More and more buyers are thinking of buying property because real estate is a safe real asset and a good investment.
Economists expect that next year the real estate market will be driven largely by the Bulgarian buyers including the segments that were traditionally dominated by the foreign buyers. Most foreign investors seek to take advantage of resort properties with excellent occupancy rates that ensure consistent rental revenue streams in a growing market. Modest price growth in both commercial and residential property sectors is expected throughout the year, matched by stable economic growth that will underpin investment in Bulgaria.
Real Estate associate market is fully developed in large scales. There are a lot of real estate agencies specializing exclusively in working with foreign buyers. Bulgarian brokers make the buying process easy and affordable, with full protection of client interests. Majority of the agencies offer their clients full services in real estate field. Considering all of the above Capital Realty definitely meets the criteria of the strongest real estate companies in Bulgaria.
Why did we choose Bulgaria as our primary market which we want to enter to? It’s a striving and growing market, offering the highest commission percent in Europe. In those conditions brokers have great opportunities to earn larger profits in their business; we as a company seek to provide them with the best working conditions in the market. Capital working conditions are competitive in Bulgarian market and our motivational systems are attractive to our brokers that enable them to become leaders in their market.