Expected more opportunities for profitable property purchase

This year the situation of the property market will greatly improve the opportunities for bargain purchase would increase. It said experts in real estate.

Stabilization will surely continue to slow in the first quarter of 2011, but prices are expected to fall further, experts predict.

The dynamics of the real estate market will depend largely on the behavior of banks that promise loans, but without taking significant market risks.

The good news is that in 2011 expect a full recovery of the banking sector in Central and Eastern Europe, respectively, and also the Bulgarian banking market will gradually recover.

 Next year analysts provide a minimum of 8% growth in loans, and 9% growth in deposit accounts in the country.

Many buyers still can not decide to purchase the property and the reasons for this lie mainly in the uncertainty in income and employment. Therefore, most interesting are bids, which include guaranteed funding, preferential discount or some added value to the transaction.