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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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Cheap land for sale in Bulgaria - LND02
Brief: Agricultural land for sale near Ruse
Area: 20000 sq.m.
Price: 6000 EUR
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Your mountain fairy-tale My Bulgarian Property - RUSSL001
Brief: Houses for sale near Ruse
Area: 100 sq.m.
Price: 95000 EUR
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Home Sweet Home! My Bulgarian Property RUS3570
Brief: Houses for sale near Veliko Tarnovo
Area: 100 sq.m.
Price: 21300 EUR
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A traditional built Bulgarian small holding - RUS2111
Brief: Houses for sale near Ruse
Area: 80 sq.m.
Price: 17900 EUR
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Your perfect summer holiday home My Bulgarian Property RUS6028
Brief: Houses for sale near Ruse
Area: 80 sq.m.
Price: 29300 EUR
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The Danube treasure My Bulgarian Property RBP26
Brief: Houses for sale near Ruse
Area: 100 sq.m.
Price: 5600 EUR
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Only for SMART Investors! Bulgarian Property - RUS1542
Brief: Land for sale near Varna
Area: 98000 sq.m.
Price: 3822000 EUR
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When the mountain starts right from your window - Bulgarian Property - RUS1225
Brief: Houses for sale near Ruse
Area: 100 sq.m.
Price: 7800 EUR
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Bulgarian Property - The hidden paradise RUS1509
Brief: Houses for sale near Ruse
Area: 80 sq.m.
Price: 9800 EUR
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Can you believe it? Bulgarian Property - RUS1529
Brief: Houses for sale near Ruse
Area: 100 sq.m.
Price: 10300 EUR
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The TRIUMPH of Bulgarian Black Sea Coast - 1 bedroom, 2 bedroom apartments and studios for sale near Sunny Beach
Brief: 2-bedroom apartments for sale in Sveti Vlas
Area: 60 sq.m.
Price: 1220 EUR
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Let the dream come true VUS1210
Brief: Houses for sale near Varna
Area: 80 sq.m.
Price: 44600 EUR
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One sweet day... - RUS1254
Brief: Houses for sale near Ruse
Area: 80 sq.m.
Price: 12000 EUR
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Near Silistra. Near Srebarna Reserve - RUS 1279
Brief: Houses for sale near Silistra
Area: 100 sq.m.
Price: 9100 EUR
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