Monday, March 27, 2006

Demand on Bulgaria's luxury real estate market is rapidly growing, with a tendency to cover about 10% of the property market in the country.
Luxury properties become more and more affordable due to rising living standards and the development of new technologies.
Luxury real estates in Bulgaria currently account for 3% to 5%, according to data, presented at the "Development and Challenges of the Real Estate Market in Bulgaria" conference.
The participants in the session focused on market development by segments - residential and vacation properties.
As the prices rise, people learn to demand and search for higher quality that meets their own specific needs and wishes, experts say. Segmenting of the market into old and new building, wider spread of so-called closed residential complexes and higher quality are some of the new trends on the property market in Bulgaria.
Here some offers for luxury estates:

1. Apartment in Sofia Downtown, 151sq.m., three bedrooms, two bathrooms, exclusive design.
165 000 EUR

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2. Three-bedroom aristocratic apartment in one of the most prestigeous Sofia districts. 170sq.m., stylish furniture,
145 000 EUR.

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3. Luxury house near the Black Sea coast, in the wide-known resort of Albena. 200sq.m. living area, 14 000sq.m. yard with wineyards, luxury furniture. YOUR FRENCH DREAM ON THE BULGARIAN COAST!
850 000 EUR
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4. Exclusive restaurant in Sofia centre in artistic eclectical style. Fully equipped.
200 000 EUR

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