Houses & Land in Bulgaria
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HIGHLIGHTS
- Properties in recreational regions
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Resorts
- town of Bansko
- town of Byala
- village of Chernomorets
- town of Dolna banya
- Euxinograde Area
- Golden Sands Sea Resort
- town of Kavarna
- town of Kiten
- village of Kosharica
- village of Lozenets
- town of Nesebar
- Pamporovo Ski Resort
- town of Pomorie
- town of Primorsko
- village of Sinemorec
- town of Sozopol
- village of Stoykite
- town of Sveti Vlas
- town of Tsarevo
- town of Velingrad
Bulgarian property prices fastest growing in the world
(19.12.2007)Bulgaria managed to oust Latvia, which had become the traditional leader in the ranking
Property prices in Bulgaria were the fastest growing in the world, according to the Knight Frank ranking.
The company's index, Knight Frank Global Price Index, showed that residential property prices in Bulgaria rose by 30.6 per cent on the year in Q3 2007. In Q3 2006 Bulgaria was eighth in the ranking with a price increase of 14 per cent.
Despite worries about oversupply in some regions of the country, especially in vacation destinations such as the Bansko mountain resort, Bulgaria managed to oust Latvia, which had become the traditional leader in the ranking.
Singapore ranked second with 27.6 per cent price growth. South Africa was third with 14.4 per cent.
According to the ranking, price growth was slowing down globally. Prices worldwide had grown by 8.2 per cent year-on-year in Q3 of 2007, compared to the 9.6 per cent growth in Q3 of 2006.
Increasing interests and tougher conditions receiving mortgages, caused the slow down.
Text source: Property.bg
Image source: Mirela