Tuesday, May 20, 2008

Shortage of Homes in Central and East Europe

Bulgaria ranks in Top 3 of countries with the most property owners - 91% of the households own the estate, they live in.

Higher is the percent only in Croatia (92%) and Romania (96%).

The quality of the real estates, though, is still quite low and far behind the average standard of the West European countries, because most of the homes (round 70%) have been built in the period 1945 - 1990.

Bulgaria Property Feed