Office To Rent In Sofia - Property In Bulgaria - Price
Apart from its expected EU membership, the country is developing its infrastructure, which in turn will increase property prices. Consultants from Knight Frank consulting company predict that though Bulgaria needs to develop further, the country will experience dynamic interactions in 2006. Most of them - 67 per cent of the foreign buyers of real estate in the country, are British, who purchase real estate mainly as investment. Prices in France and Italy will increase by only five per cent. Property prices in the country will increase by 15 per cent, the highest increase a European country will experience in the coming year. Significantly higher growth is expected for Hungary and the Czech republic, according to the publication’s prognosis, Dnevnik newspaper reported.It more...A shop of 23 sq m in the busiest part of Kniaz Boris I blvd. The average value of apartment in Sofia reached 112,000 euro in the last year.Source: Index Imoti Magazine more... The average value of the purchased real estate on the Bulgarian seacoast stood at 47,000 euro. The incomes from sales of real estate to foreigners are estimated at 1.133 bln euro, threefold the 2005 figure, according to data from Bulgarian National Bank. Two times that, or 90,000 euro, is the price for winter projects.
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