Real estate market sees first signs of recovery - NRPA
29 May 2009
Bulgarian real estate market has seen the first signs of recovery in the first four months, as the number of deals have risen significantly in the period, said experts with the National Real Property Association (NRPA).
Moreover, NRPA stated that real estate prices are unlikely to record another drop, as they have already hit the psychological minimum of EUR 700 to EUR 1000 per square meter.
Meanwhile, NRPA believes that some EUR 2-3 billion has been invested in the country’s real estate market in the period.
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