Returns

It is impossible to say with certainty how the property market will react in the future. However, data returns from the Real Estates National Association show that Bulgarian property prices increased by an average of 26% through 2003, with only marginally lower forecasts for 2004. Also, in the past few months, purchasers of off-plan apartments in the Southern Park area of Sofia realised a 30% increase on their investment even before their properties were completed. Always bear in mind, though, that the increase in the value of any property depends on a number of factors, including the condition, the location and the type of property