According to Ivan Goranov, the managing partner in Home for You property consultants, only Singapore bested Bulgaria for properties investment growth last year.
Bulgaria’s overall economic performance improved markedly in 2007 and a number of foreign companies entered the Bulgarian market. According to Ivan Goranov, investment in property exceeded 3.5 billion euro.
During 2007 Home for You recorded one transaction of 210 million euro. Until last year - most foreign investment stemmed from Britain and Ireland, Goranov noted. Last year, by contrast, was noted for significant interest from other nationalities: Russian, American, Spanish, Italian and Austrian.