Unique Estates became an exclusive partner for Bulgaria for the largest global network for luxury real estate - Luxury Portfolio

Unique Estates became an exclusive partner for Bulgaria for the largest global network for luxury real estate - Luxury Portfolio. The contract for partnership was formally signed today by Hristo Iliev, Chairman of the Board of Directors of AG Capital and partner at Unique Estates, Vesela Ilieva, Managing Partner of Unique Estates, and Chris Dietz, Vice President of Global Operations of Luxury Portfolio, in a press conference for the media. Unique Estates became the 60th company partner of the international network and will be its sole representative for Bulgaria.

"We chose Unique Estates for our partner in Bulgaria because of the high standards the company established in offering luxury properties and personalised customer service," said Chris Dietz, Vice President of Global Operations of Luxury Portfolio, who arrived in Bulgaria especially for the event.

"Ten years ago, we created Unique Estates as the first specialised company for luxury properties in the country. Back then we laid the foundations of a new market segment, and now we have built a large team of brokers, loyal customers and precisely selected portfolio of unique and exclusive real estate projects." said Vesela Ilieva, Managing Partner of Unique Estates.

"The invitation to join Luxury Portfolio is an excellent opportunity to unleash the potential of the company internationally, using the network of contacts and opportunities a partnership of this magnitude gives us." said Hristo Iliev, Chairman of the Board of Directors of AG Capital and partner at Unique Estates.

In an analysis of the development of the business, Vesela Ilieva highlighted luxury properties as а sustainable and balanced market and provided data of average prices in mass, average luxury and the highest segment for the past 10 years. "Key trends in 2017 are return of investment of 4-5% at the mass segment and 5-6% at the luxury segment - she added. - There will be an increase in property purchases for financial security and transactions for investment purposes. The growth over the next 2 to 4 years will be close to pre-crisis levels. "

Vesela Ilieva identified the main criteria for luxury property in 2017 with the presence of "smart home ", security and amenities, privacy, master bedroom with a luxury bathroom, energy efficiency, kitchen with high end appliances, private closets to each bedroom, spacious luxurious common areas, social environment and infrastructure, location and views.