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Bulgarian house prices plummet
Residential real estate in Bulgaria has seen one-third of its value wiped out since 2008, new research has revealed.
The Sofia Echo reported on a study carried out by estate agency Yavlena, which showed that property prices in the country have dropped by 20.92 per cent compared to 2008, with values declining by 8.5 per cent since last year.
Manager at the firm Strakhil Ivanov told the publication that the bottom end of the market - homes priced between €25,000 (£21,744) and €50,000 - are attracting the most attention from buyers.
Last month, International Business Times highlighted data published by Bulgarian Properties, which indicated that one of the nation's ski resorts - Bankso - had seen real estate values plummet by 50 per cent since 2008.
The publication revealed that apartments could be acquired for an average of €760 per sq m during the first eight months of this year, with prices taking a further ten per cent tumble in May.
- PropertyShowrooms.com
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House prices in Rousse down by 10 report
House prices in Bulgarias Danubian city of Rousse have fallen by 10 per cent, and will continue to fall, Bulgarian National Television BNT quoted the head of the citys construction chamber, Georgi Sto... - Propertywisebulgaria.com
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House prices in Rousse down by 10 report
House prices in Bulgarias Danubian city of Rousse have fallen by 10 per cent, and will continue to fall, Bulgarian National Television BNT quoted the head of the citys construction chamber, Georgi Sto... - Propertywisebulgaria.com
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House prices in Rousse down by 10 report
House prices in Bulgarias Danubian city of Rousse have fallen by 10 per cent, and will continue to fall, Bulgarian National Television BNT quoted the head of the citys construction chamber, Georgi Sto... - Propertywisebulgaria.com
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House prices in Rousse down by 10 report
House prices in Bulgarias Danubian city of Rousse have fallen by 10 per cent, and will continue to fall, Bulgarian National Television BNT quoted the head of the citys construction chamber, Georgi Sto... - Propertywisebulgaria.com
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House prices in Rousse down by 10 report
House prices in Bulgarias Danubian city of Rousse have fallen by 10 per cent, and will continue to fall, Bulgarian National Television BNT quoted the head of the citys construction chamber, Georgi Sto... - Propertywisebulgaria.com
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