Bulgarian property market: Home finance easier, media report says
Housing loans in Bulgaria became more accessible even as the freefall on the domestic real estate market continued for a third year in a row, according to a report in daily Presa on January 10 2012.
While sliding prices attracted buyers in 2009 and 2010, 2011 came with a special bonus – accessible housing loans, according to the daily, quoted by local news agency Focus.
This started when Bulgarian banks decided to ease one of the most important components, the down payment, the report said.
http://sofiaecho.com/2012/01/10/1741567_bulgarian-property-market-home-finance-easier-media-report-says