Is this the right time to sell a property in Sunny Beach?
There is no question that if you have properties in Sunny Beach or anywhere else in Bulgaria, the outlook for the country has never been better for a long, long time. The days of the global economic recession are far behind us, and those who have Sunny Beach property for sale have every reason to feel excited about the new upward trend in house prices.
And this is based on facts. The Bulgarian National Statistics Institute (NSI) says that property prices in the country registered an increase of over 7 percent in 2014, which has continued into 2015. One of the reasons for the jump in the property prices here is because how attractive Bulgaria in general and Sunny Beach in particular has become to score of British and Irish buyers, looking for an idyllic getaway in Europe with a plenty of sunshine.
They get that here in the golden beaches of the Black Sea Coast, especially in Sunny Beach. Sunny Beach holds great attractions for middle income buyers from Russia and Ukraine as well. In fact the increase of interest from these countries in properties in Sunny Beach has jumped by 10 percent in 2014.
Many British buyers are relocating to Sunny Beach as well. Why? Well, where else can you buy a house in Europe for less than 12,000 Pounds?!
So, what’s so special about Sunny Beach? Sunny Beach is at a distance of 20 miles from the city of Bourgas and is the biggest sea resort in Bulgaria. It is located on the southern part of the vast and scenic Black Sea Coast. The beach here is noted for its golden, sandy dunes, which are unlike any you see in Europe. For sure, Sunny Beach has one of the best beaches in Europe.
Tourists love the warm Mediterranean climate here, which is perfect for shopping, entertainment, eating out and water sports. Tourists also love the vibrant nightlife at Sunny Beach, which has some of the liveliest nightclubs in Bulgaria.
In fact, many tourists love Sunny Beach so much that they are looking to buy a property in Sunny Beach, so that they can stay on for much longer, perhaps on a permanent basis. The price of properties in Sunny Beach has increased from just 600 Euros/square meter to 1600 Euros/square meter from 2010 to 2015.
So clearly, if you’re looking to sell properties in Sunny Beach, there has never been a better time. This is an area on the up and there is a huge demand for properties in Sunny Beach from overseas buyers, especially rich individuals in China, Russia and Eastern Europe. But to get in touch with these rich overseas property buyers, you will have to hire the services of the most reputable international property agents.
You should get in touch with us at WorldWide Group as we have extensive relationships and contacts with high net worth individuals from emerging countries such as China, Russia, Ukraine, etc. who are interested in investing in properties in Sunny Beach. WorldWide Group are the #1 UK estate agents for overseas property markets.
For more on how we at the WorldWide Group can help you sell a property in Sunny Beach, do contact us by filling the contact form here. We will be sure to get back to you promptly.