Buying cheap property, even in Bulgarias small villages, was becoming increasingly difficult, Bulgarian daily newspaper 24 Chassa reported.Even if village houses were to be found, prices were no longer as low as in the recent past. In the past five years property prices in Bulgaria increased fast, 24 Chassa reported. The process affected village property the latest. Increased investor interested in village property,
From October 12 to 14 Sofia would host the biggest European property forum for the year, the European congress of the International Real Estate Federation FIABCI and the Central European Real Estate Associations Network CEREAN. Topics that would be discussed during the forum include the property market in Europe and its main trends until 2010, Bulgarian news agency BTA reported. Participants would also
Property prices in Bulgaria would continue increasing, though the percentages would be lower than the ones registered for 2004 and 2005, head of the National Real Property Association NRPA Orlin Vladikov said. Prices would depend on the quality of construction work, location and nearby infrastructure, Bulgarian news agency BTA reported. Only luxurious property in Bulgaria could reach the price levels
The interest in the purchase of threebedroom apartments in Bulgaria was decreasing, property market analysis for the past several months showed. Two main reasons led to the trend, 24 Chassa newspaper reported. Prices of such apartments remained high and at the same time market supply has not increased. In the end of past year the interest in the purchase of threebedroom apartments went up. Property agents
Prices of unfinished property in Bulgarias capital rose by 10 per cent for the first nine months of 2006, 24 Chassa newspaper reported. Prices in other big Bulgarian cities also rose by five to seven per cent. Unfinished property prices at the seaside increased by seven per cent, 24 Chassa said. The increase in prices of building materials and segmentation of the market were among the reasons for the price change, 24 Chassa
An increase in the supply of newly built property in Sofia was to be expected in the beginning of 2007, according to real estate agents. Nearly 24 000 construction permits were issued only for the first nine months of 2005, National Statistical Institute data showed. The number exceeded more than two times the constructions begun in 2004, Darik Radio said. More than 35 000 new apartments would be offered for sale
Property prices in Bulgaria remained the same during summer 2006, according to real estate agencies. Property demand also maintained the same level, Darik Radio reported. The active period for selling would be over by the beginning of November, Darik said. Price changes were hardly expected till the end of 2006. It was too early to predict whether the prices would increase or decrease in the beginning of 2007, Darik
British, Italians, Germans and Canadians have bought property in the Pleven region this summer. According to reports the interest of foreign property seekers in houses in the Danube Valley region is growing. Wealthier Bulgarians also bought real estate in the region, Bulgarian news agency BTA reported. A British family purchased big property in Kurtozhabene village, located close to Plovdiv. An Italian businessman
The overall annual return from investments in Bulgarian property decreased to 44 per cent from the 104 per cent several months ago, a report of assetz.com said. Investors should take into consideration the slowdown and practical halt of market growth and the increasing competition in the rental market, Assetz warned. The annual property price increase slowed down from 36 per cent to 17.8 per cent and the
Reuters news agency warned property investors of the risks related to purchases in Bulgaria. According to the report market growth has started going down and competition in the country was on the rise.Recently annual returns went down to 44 per cent as compared to the 104 per cent three months ago, Reuters reported. Price growth also started slowing down. The levels went down from 36 per cent to 17.8