Residential property prices still falling in Bulgaria but Russian buyers returning

Nicholas Wallwork

Nicholas Wallwork

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Real estate prices in parts of Bulgaria are still falling but there is some hope that Russian buyers are starting to come back to buy property in the once popular Black Sea coastal locations.
<div />The latest analysis from Colliers International real estate agency indicates that property prices in certain Sofia boroughs, including Lozenets, Ivan Vazov and Iztok, have fallen in value by 3% since the start of the year, a 17% year on year fall.

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