Prices for residential real estate in Bulgaria grew by an average 18,6% in 2007 over the previous year due to the developing market and brisk demand, realtors said.
The average price paid for residential properties across Bulgaria stood at EUR 737/m2 in 2007 compared to EUR 624/m2 in 2006, shows data of Address real estate company.
Capital Sofia, which boasts the highest salaries in the country, continues to benefit from the real estate boom and recorded the highest rise in prices last year - 25%, reaching an average price of EUR 835/m2.
