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» Bulgaria's Real Estate Market Marks Europe`s Highest Growth

Bulgaria's Real Estate Market Marks Europe`s Highest Growth
Business: 25 November 2005, Friday.
 

Bulgarias growing property market has experienced yet another record breaking year of investment, reported news.assetz.co.uk, managed by a group of property investment companies delivering selected UK and overseas property and investment solutions.

Around 250,000 homes are expected to be sold and finalized by the end of this year, the article points out.

"The figures mark the former Eastern bloc country out as one of the principal growth property markets in Europe. At a time when most countries are seeing the growth of the past few years ebbing away, Bulgaria expects this year to bring a 28 per cent increase on the number of homes sold last year - which had also been a bumper year with 196,000 properties sold."

The article says properties are set to raise 15 per cent more year-on-year, making it one of Europes highest growth markets.