ReportsandReports – Bulgaria Real Estate Report Q4 2010
Bulgaria is a country where prices and asset values have to adjust in response to imbalances around a fixed currency peg. In our interviews with in-country sources at the beginning of 2010, we learned that rents had fallen by around one-third in all three sub-sectors and in all three of the cities for which we have gathered data – Sofia, Bourgas and Varna - since early 2009.
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