However, the market slows Bulgarian prospects

New research by a British investment suggests that the property market in Bulgaria, the rise in prices. The report of the UK Assetz shows the annual increase in prices nationally fell by an average of 36% in 2005 to 17.8% during the same period this year. The company is partly due to excess production of more popular property nouvelleslesi like the mountains and Bansko Sunny Beach, on the coast of the Black Sea, an unprecedented wave of the boom in construction. In fact, consultants Colliers International report an unbelievable increase of 152%, the number of new properties in Bansko from June 2005 to 22,500 units in various stages of development on the coast.

 Despite the slowdown in price increases and the dramatic return det final night, the inInvestoren continuaBulgaro property can be seen asa good investment long term, because the next entry into the EU and the increasing popularity as a tourist destination. Investor confidence in the market by including the main international actors, with Deutsche Bank recently announced the investment of € 65 million on two residential projects in Sofia, while the United States on the basis of frCentury 21 Real Estate anquicia result of opening 70 taadottate in the country for the next two years.

Stuart Law, managing director of Assetz comments: "Bulgaria is a period of adjustment after the initial investment is important. Although in the long run, investors will enjoy in the next five to ten years, as the low continues to attract purchasers of rural property, there is no return. "


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