Bulgarian Property
Property Services
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07.02.2008
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The Bulgarian Property Market might have had a touch of bad lately but it doesn't seem to have stopped people wanting to own a property there.
According to data from the country's National Statistical Institute, houses prices continued to rise by an average of 5.4% over 2007 with Sofia, the capital, still offering some of the lowest prices in European property market. And this a trend - likely to see continue.
Potential buyers are still drawn to Bulgaria, not just by the low costs but the good location, well-designed properties and quality of build. The specialists states that though it has had a few knocks in the media recently, the country has achieved a lot in a short space of time, not least attracting large levels of overseas investment.
One has to bear in mind that Bulgaria is undergoing a huge change - much work has been done, but there is a still a lot to do.
The property market in Bulgaria is only one of many areas of improvement.
For the well-informed, Bulgaria will remain an excellent place to invest in properties for a long time.
Source: Easy Jet Magazine
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