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Inspection Trips
Bulgaria & Turkey
Winter trips
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Weather in Bulgaria
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About BulgariaBulgaria has existed for more than 13 centuries in Europe, linking East and West. Bulgaria remembers ancient civilisations and great people that wrote its tu
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Latest News
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Bulgaria shows highest property price increases in the world
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Bulgaria's reputation as one of the best places to invest in property in Europe is still assured as a new survey confirms that it has seen the highest annual property price increases worldwide this year.
The European Union's newest member topped the latest Knight Frank Global Price Index, just ahead of Singapore.
Annual property price growth in Bulgaria for 2007 stood at 30.6 per cent, according to the survey - three percent above the south-east Asian economic powerhouse.
Last year, the highest ranking country was Latvia, which saw property price growth of 56.9 per cent. However, this dropped in 2007 to 10.9 per cent, on account of concerns about overpricing in the Latvian capital, Riga.
"Despite numerous concerns over the level of oversupply in a number of locations within Bulgaria - notably the winter ski resort of Bansko and selected coastal resort locations - Bulgaria has supplanted the previously top performing Baltic hot spot at the top of the Knight Frank league," the report declared.
Bulgaria is becoming ever more popular with British & Irish investors. With the Black Sea coast and high quality ski destinations, as well as a fascinating blend of eastern and western architectural and cultural heritage, it clearly has something to offer almost everyone.
Source: Sofia Echo
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| Added on : 14-12-2007 |
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