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Rising real estate sales reported in Bulgaria
The Bulgarian property market has improved since the beginning of the year, it has been reported.
Speaking to the Sofia Echo, chief operating officer of estate agency Bulgarian Properties Polina Stoykova revealed that real estate sales in the country have increased. This is attributed to falling prices that have attracted investors, as well as an upturn in Bulgaria's economy as a whole.
Ms Stoykova went on to state that Sofia and destinations along the coast of the Black Sea are the most popular locations for real estate transactions, accounting for 40 per cent of the total volume of sales in the nation between January and June.
The publication also cited data from Bulgaria's Registry Agency, which recorded a 27 per cent rise in the number of property deals carried out in the first half of the year, compared to the same six months in 2010.
Earlier this month, Curtis Coward, chief executive officer of the Arceland asset management fund, told the Sofia News Agency that he anticipates real estate values in Bulgaria to rise steadily and at a sustainable rate.
- PropertyShowrooms.com
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Increased activity reported in Bulgarian real estate
There has been a significant rise in the number of new mortgages issued in Bulgaria, it has been revealed.
According to research from Credit Center, a consultancy based in Sofia, the number of home l... - PropertyShowrooms.com
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