Property Prices in Eastern Europe Increasing Fast
Wednesday, August 16th, 2006 
Posted by Overseas Property Mall in Bulgarian Property, Eastern European Property, Estonia PropertyProperty prices were registering the highest increase in East European countries, data of the British property company Knight Frank, presented in Financial Times shows.
Japan continues struggling with price decrease, the report said. Property in Hong Kong was also losing value after a previous boom.
Worldwide, property has become 8.5 per cent more expensive, the analysis showed.
Significant price increase was observed for property in Bulgaria and Estonia. According to the analysis the increase resulted from the equalisation of prices in Europe. Because of investor interest property prices in Bulgaria went up by 20.5 per cent.
According to predictions Slovenia and Slovakia would become Europe’s property hotspots in the coming year. Economic recovery would also bring up property prices in Germany.
Source: Sofia Echo
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This entry was posted on Wednesday, August 16th, 2006 at 3:12 pm and is filed under Bulgarian Property, Eastern European Property, Estonia Property. You can follow any responses to this entry through the RSS 2.0 feed.
One Response to “Property Prices in Eastern Europe Increasing Fast”
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Marco Gonzalez Says:
August 23rd, 2007 at 5:40 pmwow, that means we’ll be buying expensive properties in Europe. I wonder when will the price increased in the parts of Asia cuz i’m interested in investing in the Philippines.
