Real property. Resort building of apartment type
In Bulgaria, as it is in the USA and the EU, changing from construction and sale of real estates to a complex management of property is an up-to-date tendency. The condo hotels (from condominium – with a general management, or apartment hotels, apartment resorts or apartment houses as they are popular in Bulgaria) are one of the hottest products at the present-day real estates markets. New and new hotel estates appear all the time in combination with housing apartments – in large numbers in the area of Sozopol, Sunny Beach, Golden Sands, Bansko, Pamporovo, Sandanski, Sofia etc. The estate market in such resorts is very dynamic, because the demand from foreign investors – a natural and a juridical person – is big.
The vast majority of customers are seeking for a property in the condo hotels, mainly as an investment and they focus on the tendency of increasing their value. As an extra advantage is the fact that this is a property deprived of difficulties in managing the joint parts to it and can be used for spending the holiday. The rate at which the estates in the condo resorts are selled, is surprisingly fast for the customers, as well as for the investors.
|