Wednesday, June 11, 2008

Prices of Bulgaria Real Estate to Grow 15% in 2008

The global real estate company ERA has predicted a 15% increase in the prices of real estate properties in Bulgaria in 2008.

According to ERA, the number of real estate deals in Bulgaria in 2007 grew between 4% and 5% to reach a total of about 325 000. 25% of the deals were made by foreign buyers.

Two-room apartments with an area of about 60 square meters remain the residential property of greatest demand on the Bulgarian market, the ERA research shows.

Bulgaria Property Feed