BOGOF ... it's been done before ... but, so far as we are aware, not for buying homes overseas. So, is it just a gimmick - or the start of a new trend within Bulgaria's property market?
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Within its primary role of seeking out the most attractive property offers available in Bulgaria, Property Partners BG has picked up details for a brace of Buy One Get One Free offers now on the market, which information portal Bulgaria Gateway describes as ".. an interesting and innovative marketing strategy with the potential to create a new niche sector in the market."
The first offer is for two 3-bed rural properties with land, each priced at £10000 ... buy either and the other one comes absolutely free. Similarly, two plots of development land - one in Karandila National Park and one on the coast near Kavarna, overlooking Thracian Cliffs Golf Course - are listed at the same £10000 price mark ... with the same 2 - for - 1 purchase arrangements.
After a couple of years of relatively quiet activity following the global recession, Bulgaria's property market is now well on the road to full recovery. The economy is strong, investment in infrastructure continues to grow year-on-year, tourism numbers are better than at any time since 2006 and, in its monthly analysis of buyers' web search activity, the Move Channel has identified that Bulgaria is now firmly back in the top-ten preferred investment destinations. Most importantly of all, though, property prices are amongst the lowest in Europe and market experts are now reporting strong indicators of steady and sustainable growth. Leading real estate agents have consistently reported rising sales volumes since the beginning of 2011 - and this is confirmed by data from the Bulgarian National Registry showing that the number of completed property deals increased by an amazing 48% in the second quarter of 2011, compared with the same period in 2010.
"The market has clearly turned the corner .." said David Livingstone, CEO of MovetoBG.com, ".. and this new type of offer may well be a reflection of the growing levels of confidence that both buyers and sellers are now demonstrating about property in Bulgaria. Each of the properties on offer represents genuine value for money in its own right - and two for the price of one is a real bonus for buyers, as well as a powerful shop window pitch for sellers."
"It's all about added value .." he continued, ".. and it doesn't get much more valuable than adding a second property for free - which is why we expect to see much more of this strategy in the coming months."
Related articles:
Bulgaria's Q2 Property Sales Rocket by 48%
Experts Agree that Property Market has Bottomed Out
Rising Property Sales Reported in Bulgaria
Bulgarian Property Prices Reach Their Baseline
Time to Buy in Bulgaria's Recovering Property Market
The first offer is for two 3-bed rural properties with land, each priced at £10000 ... buy either and the other one comes absolutely free. Similarly, two plots of development land - one in Karandila National Park and one on the coast near Kavarna, overlooking Thracian Cliffs Golf Course - are listed at the same £10000 price mark ... with the same 2 - for - 1 purchase arrangements.
After a couple of years of relatively quiet activity following the global recession, Bulgaria's property market is now well on the road to full recovery. The economy is strong, investment in infrastructure continues to grow year-on-year, tourism numbers are better than at any time since 2006 and, in its monthly analysis of buyers' web search activity, the Move Channel has identified that Bulgaria is now firmly back in the top-ten preferred investment destinations. Most importantly of all, though, property prices are amongst the lowest in Europe and market experts are now reporting strong indicators of steady and sustainable growth. Leading real estate agents have consistently reported rising sales volumes since the beginning of 2011 - and this is confirmed by data from the Bulgarian National Registry showing that the number of completed property deals increased by an amazing 48% in the second quarter of 2011, compared with the same period in 2010.
"The market has clearly turned the corner .." said David Livingstone, CEO of MovetoBG.com, ".. and this new type of offer may well be a reflection of the growing levels of confidence that both buyers and sellers are now demonstrating about property in Bulgaria. Each of the properties on offer represents genuine value for money in its own right - and two for the price of one is a real bonus for buyers, as well as a powerful shop window pitch for sellers."
"It's all about added value .." he continued, ".. and it doesn't get much more valuable than adding a second property for free - which is why we expect to see much more of this strategy in the coming months."
Related articles:
Bulgaria's Q2 Property Sales Rocket by 48%
Experts Agree that Property Market has Bottomed Out
Rising Property Sales Reported in Bulgaria
Bulgarian Property Prices Reach Their Baseline
Time to Buy in Bulgaria's Recovering Property Market
Read more on our websites ...
MovetoBG.com - and Twitter @MovetoBG
Bulgaria Gateway - and Twitter @BulgariaGateway
Property Partners BG - and Twitter @PropertyPtnrsBG - or on Facebook
