The Moscow Times Singles out Bulgaria as Top Location for Russian Real Estate Purchases

The Moscow Times Singles out Bulgaria as Top Location for Russian Real Estate Purchases

According to one of Russian's leading newspapers, Bulgaria is the country favoured most by Russians for real estate purchases in today's market. The Moscow Times reported on 13 April 2010 that "Bulgaria was the country of choice for Russians buying real estate abroad in the first quarter, beating out warmer climes like Spain and Italy because of low prices and aggressive marketing." One real estate company successfully helping people who want to sell a property in Bulgaria by harnessing effective marketing is The Worldwide Group, through its website HouseSalesBulgaria.com (http://www.housesalesbulgaria.com/).

According to The Moscow Times and a report from Russian real estate agency DOKI, while Bulgaria has always been a favourite destination for middle-aged Russians looking for holiday homes, it is now also becoming a hotspot for retirees from the country. Russian retirees want to enjoy their retirement in a cheap place that is away from the harsh winters of their homeland and Bulgaria beat other European countries as the favoured location for this. It is the third year that Bulgaria has topped the list of Russia's most popular countries for overseas real estate purchases. This means that property in Bulgaria now appeals to a broad section of the Russian population, from young couples looking to start a life elsewhere in Europe, to middle-aged holiday home buyers and elderly retirees.

The report referenced by The Moscow Times stated that "the aggressive advertising of Bulgarian property and comparatively cheap housing prices make the country extremely popular in Russia". It is just this aggressive advertising and marketing that The Worldwide Group deploys through its website HouseSalesBulgaria.com, one of a network of over 300 global real estate websites. This style of marketing, which harnesses the internet, multi-media applications, networking and years of experience in real estate sales, is proven to work, helping thousands of people who want to sell a house in Bulgaria, as well as land.

This latest news from Russia is good news for vendors who have an increased market of potential purchasers to target, as well as those looking to buy property in Bulgaria due to the fact that competition is fierce and there are bargains to be had.

For more information on buying and selling Bulgarian property, visit http://www.housesalesbulgaria.com/.

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