Be selective when considering real estate in Bulgaria
July 10th, 2007 by Dino
Lance Nelson, Managing Director of Jet2Let, takes a look at the Bulgarian real estate market six months on from EU accession from his base in Sofia and tells investors to “be selective”.
“Six months on from EU entry and analysing Bulgaria’s property market presents a number of difficulties, the most obvious being the lack of reliable data so I would again advise buyers to look out for announcements on improved access to areas. The recent announcement on two new underground train extensions, including a line from Mladost district to Sofia airport, are the sort of thing that can drive prices as well as new low cost airline routes. The theme for 2007 is the need to be selective.
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- Posted in Uncategorized, Europe general, Eastern Europe, Turkey, Europe real estate