25.04.2008

Bulgaria Registered Record Number of Real Estate Transactions in 2007


According to research conducted by Arco Real Estate, a total of 325 385 real estate transactions were registered in Bulgaria in 2007. This is considered a record with the number being 4% higher than the one registered in 2006.

The cities of Sofia, Plovdiv, Varna, Bourgas, and Ruse and the vacation town of Nessebar had the biggest number of real estate deals in 2007.

Experts predict that the real estate transactions will remain almost the same as a total number in 2008 along with a big increase of the total value of the conducted deals, coming particularly from the increase of the residential property prices.

Arco Real Estate is a company with headquarters located in the Baltic Republics of the former Soviet Union and with offices in Sofia, Romania, Ukraine.


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