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Is Bulgarian’s property market turning the corner


 Is Bulgarian Real Estate market turning the corner. Yes, according to some reports, although it is taking its time to do so.

Sofia is one of the few places in Bulgaria where property prices have increased, with the National Statistics Institute finding values in the capital were up 0.8 % in the first quarter of 2012

The rest of the national still has some way to go, according to the NSI, with average prices sliping by 4,3 per cent. But this rate of decline is starting to slow, with some experts pointing to the country’s recent change in overseas investment regulations-allowing buyers to invest without establishing a Bulgarian company first- as a promising sign for the future

Sourse:Novinite



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