Russians rank second after Brits in investing in Bulgarian properties

Property Wise, 2007-05-23

     Russian businessmen display greatest interest towards investments in finished holiday villages.Russian buyers follow British ones in terms of interest in Bulgarian property, announced BG Estates Worldwide in the closing day of their one-month presentation tour held in Russia. During the tour, the company presented multiple real estate projects to Russian investors.
     After a series of meetings held in various Russian cities, mostly in Moscow, the organisers concluded that Russian businessmen are most in buying finished holiday villages. Second ranked retail clients, who wanted to invest in ready-to-use holiday properties along the Black Sea coast or in mountain resorts, such as Bansko.
     The prize awarded to a Bulgarian company at the 12th International exhibition in Moscow undoubtedly boosted the interest of large-scale Russian investors toward the Bulgarian real estate market.

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