An article in Bulgarian newspaper is stating that the prices per sqm in Sunny beach are as low as 500 Euro. And further more they are expecting an extra drops in the next few years.
Not the best time to sell what do you do?

You try to sell it and take what you can, there is an over supply of property bought by foreigners that was not necessatated on the domestic market. If you can get out you should do so as this is a market we predicted would be dictated by the Bulgarian National so the realistic price will be what the Bulgarian will want to pay.

David Howe

Investment Romania - Property Romania, Invest Romania, Investment Romania

I can find you many articles saying the same thing, but still it is not true.
When people say Sunny Beach, they mean very wide area, and you can find maybe a few developments located somewhere in nowhere, no infrastructure, no roads, etc

Give apartments 'in" Sunny Beach (between the main road Burgas - Varna, The stadium of Nessebar and Poseidon hotel and I will sell it immediately

Hi Runchev,

Your statement about selling immiediatly is very bold)

Does that fit into your "hot zone" ?

Ifso I`d be happy to let you sell an apartment I have there. One bedroom, 68sqm overlooking the pool. Naturally we need to discuss the terms before hand.

have you thought of opening a new style property business in Sunnybeach dedicated to reselling apartments? Just read these threads , you can see it seems many buyers are wanting to pull out and are willing to make aloss to do so. This means you can market the properties, undercut the developers by a good chunk and still make a nice margin for yourself. Just a thought.

seems my last post omitted some necessary details...apologies

The apartment I would like to sell is in the Summer Dreams , do you know it? Does it fall into your hot zone ))

many thanks

Regina

It's still possible to get something in Sunny Beach for around 600 euro per sq m. Prices are low and lots of Brits wanting to sell often at a loss. We offer mainly resale.