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Why Sell to a Russian buyer you ask – The answer is simple they have cash in their pocket and love investing in Bulgaria.
UK & Irish Estate agents selling in Bulgaria now do 99% of their deals to Russian buyers. Mainly due to the reasonably priced properties in Bulgaria and the weak euro. Over half a million Russians fly to Bulgaria each year to holiday and buy investment property. This is because it is so close to home for them and the languages and cultures are very similar.
Over 400,000 cash rich Russian investors have bought property in Bulgaria in the last decade. Investments have ranged from land, townhouses, apartments in sunny beach, apartments in Bankso, apartments in Pamprovo, villas, hotels and much more. Because of this investment Russia is the only place you should be marketing your Bulgarian property to.
Irish and English property owners are not taking advantage of this surge of Russian investment as the Irish and English invested heavily in Bulgaria from 2006 – 2008. They know if the price is right they will sell their property in Bulgaria fast as the buyers are ready and waiting with cash in their pockets.
90% of the buyers are from wealthy families from ST. Petersburg and Moscow and this is the most important factor in the Russian Property shows that are held in these two major cities each year attracting in over 20,000 cash rich buyers for Bulgarian property. This is why we have so many partner agents in Russia who can take your property to these shows and present your property to buyers in your price range.
Russians do not use credit to buy property they have savings in the banks in Cyprus in euro which is where 95% of the money comes from to buy property in Euro in Bulgaria. The money is transferred from the buyer to a solicitor of your choice to a bank account of your choice and we can handle every aspect of your sale from the marketing to the inspection trips and the legal side of the sale if required.
Contact the number 1 re sale network online for Bulgarian re sales.
Sell Property in Bulgaria fast and efficiently with the experts in marketing to Russian buyers.