Central And Eastern Europe Prices To Continue Growing Report
Enormous property price growth in Central and Eastern Europe is offering investors an escape route from blighted British and Spanish markets hit by the credit crunch, analysts Property Secrets said.
The top place to invest in 2008 was Central and Eastern Europe (CEE), according to Property Secrets, which has recently released its predictions for this year’s top investment spots.
“Romania and Bulgaria are set to deliver some of the largest and fastest growth this year. Even Poland, which has already seen fabulous growth over the last two years, will still achieve a price growth of around 10 per cent. This compares to a forecast of a small drop in prices in the UK of two per cent and a larger drop in the Spanish cities of five per cent," Neil Lewis, Property Secrets CEO, said.