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The favorable outlook for the Bulgarian market

16.07.2009
Homesoverseas.ru editorial office
48
The real estate market in Bulgaria expect positive changes in the second half of 2009, the report of Colliers International.

Bulgaria in recent years was one of the most popular destinations for property investment. But then the Bulgarian property market was gripped by crisis, accompanied by a sharp drop in interest from foreign buyers and a significant excess in the number of offers over demand, especially on the black sea coast.

Data provided by Colliers International show that the average cost of housing in Bulgaria in the first quarter of this year decreased by 14% compared to the same period last year.

The company believes that the cost of housing will decline for some time, but only slightly, and in late 2009 – early 2010, we should expect the stabilization of prices.

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165 000 €
2 bedrooms
build area 146 sq. m
plot area 300 sq. m
pool
household appliances
air conditioning
seller: IBG Real Estates
95 000 €
2 bedrooms
build area 73 sq. m
pool
household appliances
air conditioning
furniture
seller: IBG Real Estates
63 000 €
1 bedroom
build area 57 sq. m
pool
household appliances
air conditioning
furniture
seller: IBG Real Estates