Investment Return From Property In Bulgaria Goes Down

The overall annual return from investments in Bulgarian property decreased to 44 per cent from the 104 per cent several months ago, a report of assetz.com said.

Investors should take into consideration the slowdown and practical halt of market growth and the increasing competition in the rental market, Assetz warned.

The annual property price increase slowed down from 36 per cent to 17.8 per cent and the prices rose by only 1.6 per cent, the report said.

Only long-term investment would provide returns in the coming five to 10 years, because low prices would attract buyers, an Assetz representative said.

Immediate investment return, however, should not be expected, the report said.