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Never Better Properties
Melton Court
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Melton
HU14 3HH
Smaller flats become increasingly attractive for property buyers in Bulgaria.
The majority look for one or two-bedroom flats.
Because of the lack of interest, construction companies split larger flats
before the final completion of real estate projects.
The higher demand for smaller flats resulted from the price increases since year
2000. Costs were pushed up by the intense demand, aimed at purchase and sale for
higher prices in the future.
Supply meets demand for the time being, real estate agents said.
At the same time, dealers of larger flats said the interest toward bigger
property remains steady. One reason for this is the decrease in the price of
three-bedroom flats, Capital reported.
More investors become interested in the purchase of flats with investment
purposes. Buyers from Bulgaria, the UK and Ireland participate in such deals.
Investors maintain their interest in the more expensive southern Sofia
districts.