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REAL ESTATE MARKET IN BULGARIA TO REMAIN STABLE- DIE PRESSE

  Four billion euro in foreign investments entered Bulgaria in 2006, equal to 16 per cent of the GDP of the country, Austria's Die Presse said.

One third of these investments were in the real estate market.

As a result, prices increased, though real estate was not expected to bring any significant profit over the next five years. Profits from sales of office properties were expected to be seven per cent, from retail property eight percent and from storage property nine per cent.

Real estate in Bulgaria was more expensive than in Romania, Die Presse said.

No trend of increase of property prices was to be expected either. The crisis in the US mortgages market made investors more cautious.

Still, there was no reason to believe the Bulgarian market would ‘overheat’ and demand remained relatively high, Die Presse said as quoted by Focus news agency.
 
 
 
     
  12.03.2008 - BULGARIA SURE IS A HOL LOT CHEAPER
 
  14.02.2008 - Bulgarian property sector to post even growth in 2008
 
  12.10.2007 - WORLD BANK: BULGARIAN ECONOMY IN THE TOP 10
 
  05.09.2007 - CONSTRUCTION OF BULGARIA’S BOROVETS NEW LIFT BEGINS
 
  12.06.2007 - BULGARIA MAINTAINS LEADING POSITION IN PROPERTY MARKET ATTRACTIVENESS RANKING
 
  05.06.2007 - UK BUYERS STILL DRAWN TO BULGARIA'S PROPERTY OFFERS - REPORT
 
  25.04.2007 - RESIDENTIAL PROPERTY PRICES IN BULGARIA UP 22.6 PER CENT IN FIRST QUARTER OF 2007
 
  20.04.2007 - Sunny Beach Ltd started preparing the Black Sea resort for the upcoming summer season.
 
  20.04.2007 - ROMANIAN TOURISTS TO SPEND MAY HOLIDAYS IN BULGARIA- ROMANIAN TV
 
  20.04.2007 - HOUSEHOLD INCOME IN BULGARIA UP 8.6 PER CENT IN 2006
 
  29.03.2007 - YET ANOTHER PROPERTY BOOM EXPECTED IN BULGARIA AND ROMANIA
 
  23.03.2007 - THREE LOW-COST AIR COMPANIES START FLYING TO BULGARIA BY JUNE 2007
 
  16.03.2007 - BEYRLE: BULGARIA HAS HIGHER INVESTMENT POTENTIAL THAN WHAT IT SHOWS NOW
 
  16.03.2007 - LATVIA AND BULGARIA’S PROPERTY MARKETS SHOW GROWTH POTENTIAL
 
     
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