Best percentage price growth
Tuesday, 15 January 2008
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IT IS OFFICIAL. - Bulgaria has the best percentage price growth in the World.
Bulgaria saw the worlds' strongest house price growth at a massive 30.6% (inflation adjusted 15.42%) based on the year to the end of Quarter 3, 2007, against the previous year for that period. (Source: Global Property Guide).
Only China (Shanghai) at 27.85%, Singapore (27.59%) and Estonia (23.38%) came anywhere near.
Against the three main Western European traditional country competitors in overseas property volume sales, France(8.27%)Spain (5.37%) and Portugal(0.49%) have slowed down considerably, even allowing for a much larger and well established base.
These results are buoyant, Bulgaria is buoyant - welcome to an Investors' paradise.
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