Property Prices Up in Bulgaria`s Resorts, Despite Impressive Supply

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Новини

2007-01-03

Property Prices Up in Bulgaria`s Resorts, Despite Impressive Supply

Рубрика: Property news Източник: Investors were mostly interested in two-bedroom apartments. Nearly 200 such apartments are offered for sale in Bansko. Prices have reached 919 euro per sq m. The price of luxurious property exceeds 1000 euro per sq m.

Sunny Beach is the leading summer resort when it comes to increase in property prices. Supply there is also high, compared to the offers in other coastal resorts.

Property agents said that the vacation property market in 2007 would not witness major developments, as a number of investors are expected to get involved with the construction of spa centres.