The Properties by the Sea: The Russians Leave, the Westerners Come

The Properties by the Sea: The Russians Leave, the Westerners Come

French, Germans, Belgians and other residents of Western Europe are asking to buy property on the Bulgarian Black Sea coast. At the same time, real estate developers registered a drop in the number of Russians investing in holiday properties on the Black Sea coast.
The reason for the interest of Westerners is the declared intention of the government that our country should enter the Eurozone waiting room, say brokers. They explain the outflow of Russians, especially with the ongoing economic sanctions against Russia.
Growth of inquiries from French, Belgian and Swiss for purchase of property for holiday in the region of Bourgas and Sunny Beach is reported. This was explained by Deputy Head of the Association of Real Estate Brokers Iliyana Vassileva to Trud.

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