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Bulgaria property market - last months of 2005
Thursday, October 9th, 2008
The tendency towards slowing down of the Bulgarian properties market continues further during Q3 2005. Bulgarian property prices growth registered Q2 was 4.3% compared to 10.6% for Q1 2005, 11.3% for Q4 2004, 12.0% for Q3 2004 and 12.3% for Q2 2004. Almost all major Bulgarian cities have registered even smaller growth than the average [...]
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Bulgaria property market trends for last years
Wednesday, October 1st, 2008
2003 and 2004 registered the highest property capital growth in recent Bulgarian history. The growth was 30% and 42% respectively. 2005 was the year when the market stabilised and stilled registered a healthy 10% growth. This trend continues through 2006 too. The main factors responsible for the current development are:
Elements of oversupply of new housing [...] -
Overview of Bulgaria property market for 2004
Sunday, August 17th, 2008
There has been outstanding growth in the Bulgarian property market during 2004. The overall property prices growth has reached an average nationwide 30%-40%, with some areas adding over 100% value. The number of property sales has grown 30% compared with 2003. The number of new construction and building permission has also increased with 30% for [...]