Real estate

Russian Buyers Of Vacation Properties On Bulgaria's Coast Waning

The Ukraine crisis and the sanctions against Russia are already affecting Bulgaria's vacation properties sales on the Black Sea coast, reports

According to the analysis, sales of vacation properties to Russians, who were the most numerous buyers, and as a whole, are already dropping.  

Seaside Property Sales to Russians Drop By 30%

The sales of Bulgarian seaside real estate to Russian citizens has dropped by 30% since end of July, reports the Nova TV national channel. 

According to real estate brokers, the story with the British buyers repeats – suddenly the interest of Russian buyers dissipated and some of the owners are already trying to sell.