Excellent Estate In Village Near Yambol - ID 3274

Bulgaria Housing Prices Increased 15% In H1 20/03/2008
Local residential prices rose 15% in the first six months of 2007, shows a recent report released by Bulgaria’s national statistical authority.Home prices increased 9.3% in Q1 before slowing down to a growth of 5.4% in Q2. Address, the nation’s biggest realtor, reported last week a 10% gain in housing prices for H1 and forecast a further increase of 10-15% for the remainder of 2007. The statisticians reported that the nationwide average price of a square meter of residential space cleared the 1,000 lev milestone in Q2 to settle at 1,041 levs/sq m versus 988 levs/sq m in Q1. Home prices in six of the nation’s 28 regional centers have passed that benchmark. The Q2 Varna residential market had a clear lead on Sofia with prices of 1,710 levs/ sq m (up from 1,646 levs/sq m Q1) compared... more

Yearround Foreign Demand For Village Houses In Bulgaria 09/03/2008
Latest property market tendencies revealed that the sales of village houses was no longer dependent on the season. Usually the demand for houses in villages was higher during the summer, 24 Chassa newspaper wrote. Over the past few years the real estate market registered a steady year-round supply and demand for such property. The majority of the investors iwere foreigners, mainly British and Irish. The number of houses on sale increases as owners of the houses hope for profitable deals with foreign buyers. Recently Bulgarian real estate owners explored ways to attract investors from other countries, including Scandinavian countries. According to imot.bg at present Bulgarian villages offered over 6 000 village houses for sale. The supply was highest in the coastal regions near... more