Knight Frank: Property Prices in Bulgaria Remain Stable

Lev.bg, 2008-12-08

     The prices of residential property in Bulgaria remain stable for now despite the record plunge of the prices on a global scale for the last quarter due to the financial crisis. This is what a research of the British real estate company Knight Frank shows.
     The UK, where residential property prices dropped by 4.6 percent in the last quarter, is one of the countries most affected by the crisis together with Latvia, Norway and Canada. Residential property prices in Bulgaria, Slovakia and Russia still mark a stable growth although for the last quarter there is a three-percent decrease there as well, Knight Frank note.

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