According to the analysis of the Bulgarian housing market conducted by the company “Raiffeisen Property Management, the average cost per square meter in Sofia and other major cities of the country in the last quarter of 2014 increased compared to the same period in 2013.
In the Bulgarian capital appreciation in the last trimester of 2014 amounted to 2,80% in comparison with indicators of the similar period of 2013 and 1.40% compared to the 3rd quarter of 2014.
In Plovdiv the prices have grown insignificant annual increase was 0.4%, while the increase compared to the third quarter of 2014 amounted to 1.20%. The maximum price hike recorded in Burgas, where is Planck's performance in 2013 was exceeded by 5.40% and indicators 3rd trimester 2014 at 2,40%.
The increase in prices for residential property have contributed to the intensification of foreign investors and domestic demand growth amid improving economic situation in the country. Experts “Raiffeisen Property” predict the continuation of this trend and this year 2015.
