According to real estate consulting agency Colliers International, "this is the perfect time for investment in real estate" in Bulgaria.
In a May 13 2010 media statement, Colliers said that it was a case now or never, stating that the time is "exceptionally appropriate for purchasing property".
The statement quoted Tatyana Emilova, manager at Colliers International Bulgaria, as saying that the main factors defining the current business environment were the "affluent choice of supply" complete with "alluring price tags"; the "readiness of investors to offer flexible solutions" and the "suitable credit conditions".
The agency said that its research showed that in the first quarter of 2010, the average prices of real estate in Sofa fell by three per cent, with certain variations applicable to different boroughs.
In Malinova Dolina borough, prices had dropped the most, about nine per cent. The elite Sofia boroughs Boyana and Dragalevtsi were on average seven per cent cheaper. Borovo, also in the south of Sofia, went down by six per cent, as did Manastirski Livadi.
Source: www.sofiaecho.com
http://www.sofiaecho.com/2010/05/13/899988_colliers-international-exceptionally-good-time-to-invest-in-bulgarian-real-estate