For the last two years Greece has indicated signifficant increase in its position in Bulgarian properties market. Greek investors and private individuals have practically “invaded” several Balkan markets, announced Greek business newspaper Imerisia.
Numerous Greek construction companies have been building residential, office and retail complexes all across Albania, Bulgaria, Croatia, Romania and Macedonia. Private individuals, on the other hand, are still purchasing houses and apartments both for recreation or subletting.
Greek buyers are mostly interested in coastal Bulgarian properties around Varna and Bourgas, as well as the ski developments in Bansko. As Bulgarian property investors, Greek customers find prices in Bulgaria affordable, compared to those in Greece and other Balkan countries.