Wednesday, December 21, 2005

Assetz News: Groundwork laid for Bulgarian Property boom

"A report issued today has referred to Bulgaria as one of the most rapidly advancing nations in Europe and suggests that it is becoming a 'byword for international property investment.'

The report by Property Frontiers supports the assertion from Assetz managing director Stuart Law that 'Bulgaria is likely to continue proving lucrative as a long term investment into 2006.' It reveals that there was an average property price increase of 47.5 per cent in 2004 while growth in the first quarter of 2005 continued to be strong at 10.6 per cent."
Source: Assetz News