Real estate in Bulgaria has decreased in price
Real estate in Bulgaria has decreased in price in the fourth quarter of 2008 compared to the third quarter, data by the National Statistics Institute published today shows. The index of market prices of real estate in Bulgaria for the fourth quarter of 2008 compared to the third quarter of 2008 is 95.9%.The index of market prices of real estate for 2008 compared to 2007 is 124.9%, i.e. real estate in Bulgaria has increased in price on average by one fourth in the past year.
In the fourth quarter of 2008 compared to the third quarter a decrease is registered in the prices in 23 municipal cities, as the most significant is in Veliko Tarnovo - by 11.7%, Pleven - 11.6%, Targovishte - by 11.2%, Pernik - 10.3% and others.
An increase of prices has been reported in the cities: Kyustendil - by 1.6%, Silistra - by 2,5%, Vratza - by 3.2% and Montana - by 3.7%.
The average price of real estate in the capital is 2373.83 levs/square meter, followed by Varna - 2101.17 levs/square meter and Burgas - 1791.50 levs/square meter.
In the period from October to December, real estate in Varna has increased on average by 1.3%, in Burgas it has increased in price by 2.1%, in Plovdiv it has dropped in price by 2.1%, in Sofia real estate is down by 0.7% compared to the third quarter of the year.
Any one wants to buy a property from Bulgaria he/she should contact the amazing lady called Kunka(Kiki), she is not just an estate agent but she goes beyond that from explaining all the small steps to the complicated ones, she is trying to do her best to make feel confortable about your choices and she offers plenty of choices and also she has reliable and trustworthy solicitors which she works jointly with them in order to make sure that your purchase is in the safe hands and not compromisin. Kunka is very patient lady who is trying listen and to answer to any questions you may have and also she will give the best advice which will suit your demand. Remember that if you are buying a property abroad so you need a professional, trustworthy who knows the local complicated bureaucracy and she will help you through it from point A to Z. Kunka doesn't stop only in helping you to buy a property but she does more than that she is willing to drive you around and pick you up from your hotel and shows you around. She will make everything easy for you from contacting a solicitor to notary registration. I am very lucky to buy my property through this lovely lady which she gave me a huge support in completing my purchase. From Salah
— Salah, Morocco