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Real Estate in Bulgaria

At the moment, Bulgaria provides huge opportunities for buying real estate. According to the Bulgarian National Institute of Statistics, prices have fallen by 40% lower than during the pre-crisis peak. House prices in Bulgaria have dropped to 450 euros per square meter. However, last year, for the entire time of the crisis, showed a decrease in the cost at the lowest level. For example, in Sofia, the capital of the country, the average decline in prices was less than 1%, and in a number of segments, some increase in the cost of housing has already been recorded.

In general, the value of real estate in Bulgaria is beginning to stabilize. The process of price growth begins. As an indicator, we can consider the growth of 4.5% in the city of Targovishte, 3.5% in Veliko Tarnovo, which occurred in 2012.  Over a two-year period, from 2006 to 2008, foreign representatives invested in the country's real estate at the level of 540 million euros per quarter. After these years, there was a sharp decline in capital injections, but after 2011, the growth in investment continued to grow.

The Russian share in the investment of capital in the purchase of Bulgarian real estate is approximately 65 – 80 million euros per quarter. This means that Russian citizens carry out transactions, about 80% of the total volume, among all foreign buyers. A significant proportion of purchases of real estate in Bulgaria, by Russian citizens, are objects worth from 25,000 to 30,000 euros.

Read more: Buying a property in Bulgaria

Over the past few years, there has been a rapid increase in real estate prices in the Israeli real estate market, which is why the markets began to gradually fade - the number of sales decreased every month.

Israel as an excellent real estate market for foreigners has been open for more than six years. Due to the rise in real estate prices in 2020, many, especially Russians - due to the abolition of the visa regime, are eager to invest in Israel's growing housing.

The Real Estate Valuation Department of the Israeli Ministry of Justice provided the public with such information. In major cities: Jerusalem, Tel Aviv and others, the cost of housing continues to rise.

Good news for those who intend to buy an apartment in Jerusalem or find a good ground for investment! The Jerusalem Mayor's Office has approved the construction of more than five hundred new properties in the city.

The incessant rise in housing prices in Israel in large cities leads to the fact that fewer and fewer people have the opportunity to purchase it. Therefore, the popularity of the real estate market of large Israeli cities is gradually falling. Especially after the coronavirus. People have no money left at all. 

Alupka is a small, but very attractive seaside town for foreign tourists. Being very close to other resort centers - Yalta, Simeiz, this city has found something to stand out, and therefore there are always many people who want to buy a house in Alupka.

How to buy a house in Yalta.  Real estate prices in Crimea remain stable, and the purchasing power of citizens is falling - in light of this, it is a sin not to take advantage of the opportunity and not buy a house in Yalta - one of the most popular Crimean resort cities.

It would seem a stupid question - what can you have fun in such a popular, fashionable and developed resort as Alanya? But many tourists who come here do not know half of the entire entertainment potential of the city, so it is worth briefly describing it.

Surely everyone who has only recently been able to buy a house in Mahmutlar, there was a need to purchase a large number of things. The residents of the town have a great opportunity to help each other, sell unnecessary things and buy necessary things from neighbors! Booking a table for sales cost only 5 lire.

Turkish Alanya can rightfully claim to be the "sunniest" resort: the number of sunny days here is rarely less than three hundred. The climate in Alanya is warm, there is no sea hardness, cold winds.

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