According to Mark Robinson of Colliers International, Bulgaria's entry into the Eurozone will have a significant impact on the Bulgarian real estate market. The fact that transactions on the domestic market has long been pegged to the Euro and most mortgages are issued in the European currency. According to the analyst, the transition of Bulgaria to the Euro will increase market liquidity, so as to absorb new capital, particularly from the Asian region.
The specialist has made a forecast regarding the expected investment level in 2019 in the countries of Central and Eastern Europe.
According to experts, in 2018 registered a record level of investment. This applies to the Czech Republic, Slovakia, Hungary, Poland, Bulgaria and Romania. The total investment in real estate in these countries in the past year reached 13.8 billion euros. This is expected in 2019.
Source: Bloombergtv.bg
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