Bulgarian Property Market Expected to Revive in 2014

photo_verybig_156586The Bulgarian housing market activity is expected to increase in 2014.

Prices will vary depending on the quality of the property.

The major market driver will be buyers with stable income and cash savings, according to the prognosis of the Bulgarian real estate agency Adres.

“Deposit interest rates are expected to drop further in the next 12 months and the decline of real estate prices will stop, which will activate buyers,” Georgi Pavlov, executive director of Adres said.

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