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Houses for sale in Bulgaria in Razdelin Bulgaria 11368
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Houses for sale in Bulgaria in Mamarchevoin Bulgaria 41000
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Bulgaria Property Market Stays Strong in Jan 08
Bulgaria Property Market Stays Strong in Jan 08

Business
Named the world's strongest price riser in 2007, Bulgaria's property market is successfully keeping up its momentum in the first month of the new year, realtors said.

The capital city of Sofia and the Black Sea town of Varna are recording the most impressive growth with asking price levels in the most expensive districts nearing EUR 1500/m2, shows data of the local real estate site www.imot.bg.

The districts of Yavorov, Ivan Vazov and downtown Sofia remain the costliest residential areas in the capital, commanding prices of EUR 1467/m2, EUR 1466/m2 and EUR 1425/m2 respectively.

Prices of residential property in the most expensive districts of coastal Varna, such as the Greek neighbourhood, overtake those in the capital with offers averaging EUR 1561/m2.

Experts point out that the sale prices levels are usually from 5% to 10% lower that the asking prices.

Bulgaria recorded the world's strongest house price growth last year amidst a global cooling of the property market. A study carried out by Global Property Guide (GPG) set the country's house price growth at 30.6% (15.4% in real terms) to end-Q3 2007 from a year earlier.

Houses for sale in Bulgaria in Granitovo in Bulgaria 38000
Houses for sale in Bulgaria in Granitovoin Bulgaria 38000
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Houses for sale in Bulgaria in Pobeda in Bulgaria 10300
Houses for sale in Bulgaria in Pobedain Bulgaria 10300
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Houses for sale in Bulgaria in Kirilovo in Bulgaria 38000
Houses for sale in Bulgaria in Kirilovoin Bulgaria 38000
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Bulgarian properties commercial in Kirilovo in Bulgaria 29995
Bulgarian properties commercial in Kirilovoin Bulgaria 29995
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Houses for sale in Bulgaria in Elhovo in Bulgaria 7000
Houses for sale in Bulgaria in Elhovoin Bulgaria 7000
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