Acquisition of Off-Plan Property in the Bulgarian Real Estate Market
Authors
Darina Baltadjieva
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22/06/2016
After several years of crisis, the real estate market in Bulgaria has begun its road to recovery. In particular, due to the increased demand for residential units and office spaces on the one side and the standstill of real estate development on other, a need for new and quality units in larger Bulgarian cities – where most real estate deals are concentrated – has appeared on the market.
This has led to an increased demand in Bulgaria for off-plan properties – real estate properties for which the construction process is already in preparation or ongoing.
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