Quote:
Originally Posted by chrisc
Hmm. In your earlier post, you said:
That works out at 2.134 Euro/sqm.
As I understand the offer made to me several weeks ago, you can now get apartments not far from the gondola for less than 800 Euro/sqm. This is direct from several developers, before negotiations. This is what I understand, with the caveat being that I have never seen these apartments as I have no interest in getting ripped off in this area. Knowing BG builders, the build cost is probably still under 400 Euro/sqm so they are still making a whacking profit as the standard of finish is going to be appalling. People who know what a "Bulgarian finish" REALLY means will understand exactly what I mean.
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Thanks Chris;
Trust me i know what (Bulgarian Finish) is!. I know there is an over supply, and i paid too much for the unit. My development is opposite kempinski if u have been there urself, it will not be the best investment i have made, but then i have invested in the best place in town, so if the market goes down, i couldn't avoid that!, but at least i would get some of my money back.
the development is
Perun Lodge