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Over 10 000 apartments are offered for sale in the resorts of Sunny Beach, Pomorie, Nessebar and Sozopol, news.bg reported.
Owners of property there are mostly from Germany and the UK. They form the biggest groups of foreign buyers in Bulgaria.
Property market slowdown and the international financial crisis are forcing investors to pull out of the country.
The over-supply on the property market has decreased prices to the levels from 2004 and 2005.
Currently, the number of potential buyers is small, property agents said.
Owners of property there are mostly from Germany and the UK. They form the biggest groups of foreign buyers in Bulgaria.
Property market slowdown and the international financial crisis are forcing investors to pull out of the country.
The over-supply on the property market has decreased prices to the levels from 2004 and 2005.
Currently, the number of potential buyers is small, property agents said.
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