Bulgarian Property Investments - Why Are Prices Still Rising

Why Bulgarian Residential Property Prices are Still Rising? The increase in residential Bulgarian property prices in the recent months has brought a disgusting amount of media coverage of the market these days. You can actually read articles about their property investment in almost all daily and weekly newspapers and magazines. Property investment has become an attractive topic even to government officials, whose public statements have caused even more increased hustle around residential property investment prices. The Bulgarian property investment market is just another free, unregulated market, where the mechanisms of supply and demand command the movement of prices up- or down. At the same time, their unique property investment market has some specific characteristics all its own, which make it an extremely unique market. Some of these characteristics include: their lack of sufficient information; a reaction lag when it is compared to the other sectors of the economy; non-standard product; lack of a mobility of properties, in addition to, buyers and sellers; and a limited number of transactions that are available in one person