"The Russian clients made a chaos on the real estate market as they want to buy homes on the spot," real estate agents state.

"The real estate agents are pretty busy in their work as their clients have increased threefold," Mariana Daskalova, trade director of GreenLife stated.

The interest in real estate has increased, Address real estate agency confirmed. Due to the extended 30 days visa-free visit period for Russian tourists introduced after the fires, Russians have plenty of time to search for homes in Bulgaria.

Real estate agents take groups of Russian tourists to examine property developments.

According to GreenLife real estate agency director Marina Daskalova, her colleagues are hardly able to cope with the soaring demand for seafront studios and apartments. Statistical data show that eighty-three percent of the buyers of properties in the Bulgarian seaside resorts in the past year were from Moscow. The average price of a seafront property in Bulgaria is 50,000 euro.

Bulgarian Black Sea marina development for sale