Investors should look carefully before putting money into Bulgarian property as prices in most areas have fallen for the first time – by more than 12% in some places, according to the latest Government statistics.
The biggest price rise for the last quarter of 2008 was just 3.7% recorded in the Montana, the provincial capital in north western Bulgaria.
The biggest losers in the same period were Veliko Tarnovo, Pleven and Targovishte, all recording losses of more than 12%.
