Distressed sales. Whilst nobody wishes others bad fortune, this is the time to make the most of distressed property sales and foreclosures (repossessions) to bag a Bulgarian bargain. There is no doubt that the overseas property market, including Bulgaria, has taken a real hammering in the current crisis. Developers are finding it difficult to complete projects and many units remain unsold, those who bought property at the height of the market are finding it hard to service their mortgage and many properties have come onto the market as these owners seek to sell. This all adds up to create a great opportunity for potential buyers.