04-08-2010 Bulgaria property prices down by 0.8%
Consumers
looking to find property in Bulgaria may choose to take advantage of
falling property prices in the East European country.
House prices fell during the second quarter of 2010 by an average of 0.8 per cent compared to Q1, reported Property Wire.
According
to the National Statistical Institute (NSI), 13 Bulgarian towns and
cities saw a decline in their housing markets, most notably in Gabrovo
where prices were down 8.3 per cent between April and June 2010.
Source: Propertyshowrooms.com
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19-07-2010 Investors eye European commercial real estate
Interest
in European commercial real estate has been attracting a great deal of
interest from potential investors in the second quarter of 2010, new
figures show.
Source: Propertyshowrooms.com
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16-07-2010 More home loans available to Bulgarian property investors
Real
estate investors are set to be lured back to Bulgaria after it was
revealed that more loans will be made available to buyers.
Following
the departure of many purchasers at the height of the global economic
crisis, banks are now targeting potential buyers to tempt them back to
the country.
However, rather than British investors returning in
their flocks, a large number of Russian buyers are now capitalising on
the current market conditions.
Source: Propertyshowrooms.com
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07-06-2009 Forton International latest: office rents are declining by 30 per cent
In
2009, potential tenants will have a much greater choice to get more
spacious and better located offices for the same budget. Meanwhile, some
major investors have also slashed altogether some of their schemes for
development and expansion, the report continues.
Source: Sofiaecho.com
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07-06-2009 Big Retail Chains Flee Bulgaria
Over
the next few years, the prices of real properties in Europe will fall
by 30% or 40%, according to a survey of the leading U.S. economic
analyst RGE Monitor, as quoted by DW and expert.bg. Worldwide, the real
estate markets have been tormented by economic slowdown and credit
crunch. RGE Monitor quotes as saying that the real estate prices in most
European countries will fall by ten or fifteen percent by next year and
this trend will continue over the next four or five years with a total
slump in the real estate prices of up to twenty or thirty percent.
Source: Standartnews.com
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07-06-2009 Prices of Real Properties in Europe to Drop by 40%
It
appears that the big retail chains have started fleeing the Bulgaria
following over saturation of the market. Bulgaria has slumped five
notches to the 21st place among thirty surveyed markets, followed by
Romania (23rd) and Croatia. Bulgaria's southern neighbor, Turkey, is
20th and the top three places are occupied by India, Russia and China.
The results of the survey show that Bulgaria's ...
Source: Standartnews.com
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