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Bulgaria Still No. 1 on Russia's Real Estate Market

Date: 16.03.2010

A vacation project in Bulgaria's beach town of Sozopol was among the 18 finalists of the first international competition for best vacation properties held in Russia

Bulgaria remains on the top of the list of the Russian real estate market, according to the organizers of the first in Russia international competition for best vacation properties.

The competition is affiliated with the Russian edition of the 35-year-old British Home Overseas.

250 projects applied to participate in the competition and 18 made the final cut, of them 3 Bulgarian – in the beach towns of Sozopol and Shkorpilovtsi and in the winter resort of Pamporovo.

According to the Russian real estate agencies dealing with Bulgarian properties, the crisis had not affected negatively Russian interest in acquiring vacation properties in Bulgaria.

The same trend was demonstrated during the first for the year expo of Bulgarian properties, recently held in Moscow. The potential buyers were offered differed payment opptions and legal help. During the exhibit the direct sales have jumped 20 % compared to 2009, the Bulgarian National Radio, BNR, reports.

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