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Bulgaria Named Fastest Riser on World's Property Market
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Property prices in Bulgaria rose faster than anywhere else in the world in 2007, according to a survey by a leading British estate agency.
The European Union's newest member topped the latest Knight Frank Global Price Index with an annualised property price growth of 30.6 %. Bulgaria ranked three percentage points above the south-east Asian economic powerhouse of Singapore.
"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 hotspot at the top of the Knight Frank league," the report declared.
Last year, the highest ranking country was Latvia, which saw property price growth of 56.9%. However, this dropped in 2007 to 10.9%, on concerns about overpricing in the Latvian capital, Riga.
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Bulgarian Properties |
Cheap Properties in Bulgaria >>
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Agricultural land at a great price - LND01
Brief: Agricultural land for sale near Ruse
Area: 15000 sq.m.
Price: 4500 EUR
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Swing to harmony My Bulgarian Property RUS8321
Brief: Houses for sale near Ruse
Area: 100 sq.m.
Price: 10900 EUR
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A treasure waiting for you OLIV01
Brief: Houses for sale near Ruse
Area: 90 sq.m.
Price: 9500 EUR
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History Bulgarian House My Bulgarian Property UN2101
Brief: Houses for sale near Ruse
Area: 100 sq.m.
Price: 6900 EUR
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Obsessed with nature My Bulgarian Property RBP08
Brief: Houses for sale near Ruse
Area: 120 sq.m.
Price: 6000 EUR
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Where the sea starts from your window - Bulgarian Property near Cape Kaliakra - RUS1960
Brief: Land for sale near Balchik
Area: 12900 sq.m.
Price: 580500 EUR
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Bulgarian Property - Stop dreaming ! It's real ! - RUS1256
Brief: Houses for sale near Ruse
Area: 40 sq.m.
Price: 14300 EUR
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Feel the spirit of Bulgarian traditions - RUS1525
Brief: Houses for sale near Ruse
Area: 90 sq.m.
Price: 8600 EUR
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PARADISE HOTEL for sale in paradise sea resort VLAS1111
Brief: Hotels for sale in Sveti Vlas
Area: 720 sq.m.
Price: 290000 EUR
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Small house with a big heart RUS1521
Brief: Houses for sale near Ruse
Area: 70 sq.m.
Price: 12000 EUR
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You rural hit in Bulgarian - RUS1408
Brief: Houses for sale near Ruse
Area: 70 sq.m.
Price: 9800 EUR
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Top center apartment in Ruse RUS1297
Brief: Large apartments for sale in Ruse
Area: 140 sq.m.
Price: 72000 EUR
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Build your dreams RUS 1271
Brief: Houses for sale near Ruse
Area: 200 sq.m.
Price: 12000 EUR
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Rent an office in the top center of Ruse - RUS1238
Brief: Offices for rent in Ruse
Area: 70 sq.m.
Price: 500 EUR
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