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According to BULGARIAN PROPERTIES' data, a total of 18% of the active offers on the company’s website are with discounted prices. For comparison, their number was only 5% in June 2009. The average percentage of decrease is 20%.

2009 – decrease in property prices, postponement of purchases and search for bargain deals. 2010 – in anticipation of reaching the market bottom, price stabilization and increase in the number of realized deals.

It has already been a year since the Bulgarian real estate market was officially hit by the crisis. This report shows the latest data of BULGARIAN PROPERTIES about the current state of the real estate market in Bulgaria.

The luxury property segment followed the general market trend towards a decrease in the number of concluded deals. The prices of elite properties remained relatively stable as the decrease didn’t exceed 20%. Luxurious properties will recover first.

Ski resort properties in Bulgaria's most famous resort of Bansko have decreased with 50% and are very attractive to buyers. Finished apartments in Bansko can now be bought for as low as 28,000 Euros. Bulgarians and foreigners show increased interest.

The crisis didn't bypass the rural properties in Bulgaria. Their prices have fallen with 53% in 2009 compared to the average prices in 2008. This has brought the prices back to levels from year 2005. The buyers' interest is slowly rising.

Analysis of Bulgarian property price decreases in 2009 based on property offer prices and the prices of real deals. All data comes from the offers on BULGARIAN PROPERTIES' website www.BulgarianProperties.com, as well as the company property deals.