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2007-03-13

Great Britain | Commercial Property Europe

Property prices in Bulgaria up with 10 per cent after EU accession

Great Britain: Only two months after Bulgaria joined the EU, property prices in the country registered a 10 per cent increase. According to Katya Tsenova, Address Real Estate Agency's executive director, the reason for such significant price hike is the constantly increasing demand and the lack of supply during January and February. According to Javlena Real Estate Agency's managing director Strahil Ivanov inquiries for home purchase are two times more than the properties offered for sale, Week magazine reports.

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