Waiting to Buy a Bishkek Apartment Cost This Man Thousands

Bishkek Real Estate Market: Waiting to Buy Can Cost You, Local realtor OSK warns. The real estate market in Bishkek, Kyrgyzstan is experiencing a surge in prices, leading to financial difficulties for some potential buyers. One client, Bakyt, delayed his apartment purchase for a year, hoping prices would fall. However, this decision resulted in a significant overpayment. "He wanted a two-bedroom apartment," explains a spokesperson from OSK, a local real estate company. "But due to the price increases, he ended up buying a smaller, less desirable one-bedroom unit." The video released by OSK serves as a cautionary tale, urging people to act swiftly when purchasing property. The company's spokesperson added, "Don't wait for prices to drop; they are only going up." This highlights the importance of making informed decisions and seeking professional advice in the dynamic real estate market of Bishkek.