Lack of properties in gated complexes in Bulgaria

An indication about the current condition of the Bulgarian real estate market is what is happening in the section of the residential properties located in gated complexes. The sales remain the same as they were at the end of 2010. Properties of this type are purchased mainly to be used as a primary homes.

The buyers are more and more demanding about the environment and the amenities that the property is offering. These are people who take high positions in companies and can afford a higher standard of life.

In support of the fact that Bulgaria is at the second place by speed of depreciation of the real estate prices in Europe, is the fact that since the last year there is no decrease in the prices of the properties in gated complexes. The properties of this type are among the most attractive on the market and the most demanded ones as they offer a high quality of life and a good environment.

Soon in this real estate sector in Bulgaria we can expect shortage. The reason is that at the moment in Sofia are offered only 35 000 properties of this type and there is no construction of new ones. Over the last few months some investors who stopped their projects are willing to reconsider them and start with their realization, this gives some optimistic expectations.