- on 01.12.09
- Bulgarian properties articles
Resorts await future real estate owners with lower prices and higher quality
“The holiday property market is dead. Long live the market of properties for holidays.”
Even though the quotation might not be exact, this was mostly what was said about the future of the holiday properties sector at the BalREc conference – Bulgaria, in October. For some buyers this is bad news, for others – a good one. The thousands of British, who bought up homes in the blocks in the western parts of Sunny Beach or the surrounding areas of Nesebar, Pomorie and Golden Sands just for investment, might never get their money back.