Colliers International: this Is The Perfect Time For Investment In Real Estate In Bulgaria

According to respected real estate experts Colliers International

, this is the perfect time for investment in real estate in Bulgaria, reports property portal House Sales Bulgaria (http://www.housesalesbulgaria.com/). In a statement to the media on May 13 2010, Colliers International said that the time is "exceptionally appropriate for purchasing property, opinion which could boost property sales in Bulgaria.

Tatyana Emilova, Manager at Colliers International Bulgaria, stated that the main factors taken into consideration when coming to this finding was the "affluent choice of supply"; "alluring price tags"; the "readiness of investors to offer flexible solutions"; and the "suitable credit conditions" to be found when purchasing property in Bulgaria. Research carried out by Colliers International showed that in the first quarter of 2010, the average prices of real estate in Sofa fell by three per cent, with much of the rest of Bulgaria showing similar price drops. It is thought that reduced inward foreign investment will cause a further drop in value of many Bulgarian properties.

Drops in property prices, while a symptom of the wider global economic turmoil, are of course not good news when it comes to selling property in Bulgaria. However, while keen not to significantly lower their prices, owners looking to sell a property in Bulgaria may see this pronouncement by Colliers International as beneficial in bringing more people to the Bulgarian property market. They may also be keen to sell before any further price drops are necessary. This news will be welcomed by those wishing to buy property in Bulgaria, as they will be encouraged that they may be able to get a bargain as well as some flexible options for credit.

You can find out further information on the Bulgarian property market, and view the latest property listings, at http://www.housesalesbulgaria.com/.

Editors Note: The Worldwide Group and House Sales Bulgaria (http://www.housesalesbulgaria.com/) is represented by the digital marketing specialists and SEO provider Jumping Spider Media. Please direct all press queries to Louise Byrne. Email: louise@jumpingspidermedia.co.uk or call: +44 (0)20 3070 1959 / +34 952 783 637.

by: Jumping Spider Media

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