House for sale near Samokov - ID 3841

Property Trends - Sophia Echo 07/05/2008
Despite everything that has been said about the Bulgarian property market bubble either having burst or being just about to, the cost of renting industrial and logistics plots in the capital Sofia is among the highest in a list including the Baltic countries, Romania and Ukraine, according to Estonian real estate consultancy company Arco Vara’s latest report on the property market. Sofia ranked second after the Ukrainian capital Kiev, with rents in the Bulgarian capital of four to 10 euro a sq m. In Kiev, rents varied between 7.4 and 11.5 euro a sq m. The highest rents in the other countries did not exceed six euro a sq m, according to the report.  Sofia was maintaining high prices because the field was poorly developed and demand exceeded supply, Dnevnik daily said. The... more

Bulgarian Property Prices Set To Rocket 19/03/2008
House prices in Bulgaria have risen by 27% in the past 12 months and are set to rocket further, according to the latest issue of Quest Bulgaria magazine. The September issue of the magazine says the latest forecast shows price increases of 20% this year. A steady stream of investors has made sure the Bulgarian property market is maintaining it's dynamic position. The country's National Statistics authority says that prices rose 15% in the first six months of 2007 with a 27% increase in the past year. And Address Real Estate, the country's largest agency, forecast a further increase of 10-15% for the rest of the year. Bulgaria's soaring property prices, follow the pattern of what has traditionally occurred in other countries following EU accession. But despite this, they... more