Bulgarian Property Demand Up 40 Per Cent In Last Month

Bulgarian Property Demand Up 40 Per Cent In Last Month

Author: Bulgarian Venture

Demand for Bulgarian property has continued to rise sharply in the past month, according to a new study by currency specialist HIFX.

In its monthly global property hotspots survey, the company found that the number of people with an ambition to buy property in Bulgaria increased by 40 per cent this month compared to September.

Demand was also found to have increased for real estate in Romania â€" both of these countries are expected to join the EU next year.

Mark Bodega of HIFX said: "As people return from their summer holidays their thoughts inevitably turn to buying abroad."

He pointed out that Spain and France are still the most popular options among potential investors, but added: "We''ve also begun to see a significant rise in the number of clients buying property in both Bulgaria and Romania."

After Spain, France and Bulgaria, the areas in which HIFX recorded most interest were Cape Verde, Turkey and Australia.

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