Dear visitors,

True to our tradition to closely follow all new tendencies in the field of internet marketing (and even sometimes create such new tendencies ourselves), the Total Developments team released a new section on the company’s web-site called “News”. Here we will publish new information, which we find interesting and useful. We intend to publish translations of reports and articles on the real estate market from Bulgarian printed and electronic media, thus giving you an insight to the Bulgarian property market.

We hope that you will find what we publish here useful and interesting.

Sincerely yours,

Total Developments Ltd.

Only 10% of the real estate purchases made in 2009 have been financed by mortgage.

BTV’s statistics show a total collapse of the market.

In the beginning of this year BTV (Bulgaria’s most popular television channel) made a report on the real estate market in Bulgaria. According their data, a mere 5-10% of the real estate purchases made in 2009 have been financed by mortgage. For comparison, in 2008 this percentage was 60-65%.

Another comparison with 2008 can be made...Read more