Russian expert: Tens of thousands of Russians burned on buying Bulgarian property
About 60 thousand Russians lost their money by investing them until the 2008 financial crisis in the Bulgarian real estate, which ultimately was not completed, said the expert real estate market, Igor Indriksons.
At the same time, he noted that private investors in this market are a small part. "Liquid items are sold in 72 hours, mainly to buy their funds," - said Indriksons.
He also said that the high risks for private investors may indicate the commission of real estate agents. According to him, the commission agents in the sale of facilities in Bulgaria, Egypt, Thailand before the crisis was 20% in Spain, Italy, Tunisia and Republic Dominican Republic - 15%.
For comparison, he cited the commission agents in European countries with stable economies: Great Britain - 1.5%, Germany - 5% in France and Switzerland - 4%.
As reported previously reporter, taking advantage of the crisis by selling, Ukrainians bought property in the resort Europe - to relax, lease and issue a Schengen residence permit.
About 60 thousand Russians lost their money by investing them until the 2008 financial crisis in the Bulgarian real estate, which ultimately was not completed, said the expert real estate market, Igor Indriksons.
At the same time, he noted that private investors in this market are a small part. "Liquid items are sold in 72 hours, mainly to buy their funds," - said Indriksons.
He also said that the high risks for private investors may indicate the commission of real estate agents. According to him, the commission agents in the sale of facilities in Bulgaria, Egypt, Thailand before the crisis was 20% in Spain, Italy, Tunisia and Republic Dominican Republic - 15%.
For comparison, he cited the commission agents in European countries with stable economies: Great Britain - 1.5%, Germany - 5% in France and Switzerland - 4%.
As reported previously reporter, taking advantage of the crisis by selling, Ukrainians bought property in the resort Europe - to relax, lease and issue a Schengen residence permit.
Bulgarian property
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