PROPERTY INVESTMENT PROFITABILITY IN BULGARIA DECREASES NEARLY TWICE
Profitability of real estate deals in Bulgaria decreased nearly twice since 2002, research of Creditex showed. Creditex representative Krasimir Goumnishki said that a 100 sq m apartment in Sofias residential district of Mladost brought nine per cent profitability in 2002, which had now fallen to 4.11 per cent. The same tendency was valid for all of Sofias residential districts, Goumnishki said. According to the research, the