Property Prices up 2% signalling Recovery

After years of being more or less in the doldrums, Bulgaria’s property market is showing green shoots of recovery in 2014 with property prices rising for the first time since the global real estate crisis.

Bulgaria’s National Statistical Institute recently published a report showing an increase of 1.79% in home prices during the first quarter of the year and an increase of 2% in the second quarter, compared with the same period last year.