Sep 07, 2010
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Oct 05, 2006: NO MORE CHEAP PROPERTY f?r SALE IN BULGARIA
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Oct 05, 2006:
Buying cheap property, even in Bulgaria's small villages, w?s becoming increasingly difficult, Bulgarian daily newspaper 24 Chassa reported.
Even if village houses were t? b? found, prices were no longer ?s low ?s in th? recent past.
In th? past five years property prices in Bulgaria increased fast, 24 Chassa reported. th? process affected village property th? latest. Increased investor interested in village property, however, quickly resulted in price jumps. th? growth rate began slowing down in 2005 and 2006. Because ?f th? trends in th? past few years cheap property could b? found hardly, 24 Chassa reported.
Investors and agencies bought cheaper property in some ?f Bulgaria's small villages and after some renovation works offered it f?r sale ?t prices much higher than th? original ones.
Data ?f imot.bg shows th?t property worth 10 000 euro could hardly b? found. Only 1200 houses were offered f?r sale ?t such price. Only 100 houses worth 10 000 euro were offered f?r sale in th? Sofia region, 24 Chassa reported.
www.sofiaecho.com
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