Lodging in Bulgaria's capital has become more accessible

14.04.2011 00:05
Articles about real estate | Lodging in Bulgaria Prices for residential property in Sofia for the first quarter of 2011 fell by 10%. The news was so happy buyers that the market growth was the number of sales.

The average price per square meter in Sofia was the first three months of this year? 830, whereas in the previous quarter, real estate sold on average? 930 per square. m, transmits news agency «Novinite» referring to the Bulgarian agency.

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As a result, sales in the beginning of 2011 almost doubled compared to the same period of 2010, when the whole country was marked by a sharp downturn. Most real estate transactions recorded in the segment of economy-and luxury.

The situation on the market:

Property prices in Bulgaria over the past 10 years grew by more than 200. Accommodation in Sofia during the same period has risen in price by 170%. A peak price reached in the III quarter of 2008. In the last quarter of 2010 were below the peak of 37%.

Content tags: Overseas property
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