Correction of the property market in Bulgaria will be only in case of confusing projects.

Correction of the property market in Bulgaria will be only in case of confusing projects.

The housing market in Bulgaria has never been at a crossroads. It was noticed rather that the market in Bulgaria is still under construction.

There is only one model and path for the property market in Bulgaria and it is precisely to sustainable development - pragmatic, but with attitude and responsibility.

Adjustments can only occur in those properties and those entrepreneurs and investors who do not understand the responsibility of what they have undertaken and view their involvement in the process as purely speculative.

Rents are a powerful regulator of the market, as the ability to turn a building into an asset that has a long-term profitability can offset the gap in expectations between seekers and bidders, thus preventing serious fluctuations.

Macroeconomic analysis of financial institutions is the best indicator of a further crisis in the property market relative to cyclicality. These data do not signal an impending recession as the market in Bulgaria starts from a rather low base.

The market, which has yet to learn lessons, walk across sectors, build on the shortage of quality buildings, has considerable potential to develop.

Trends in the property markets globally include increasing attention to protecting the environment, the environmentally friendly and urban environment, the creation of buildings and their subsequent management and consumption.

The abandonment of the predatory consumer approach seems to be starting to become a model of imitation and behavior.