Bulgaria No.1 according to Knight Frank Price Index Report
16.04.2008
The latest Global PriceIndex by Knight Frank has shown that price growth up until the third quarter of the year 2007 amounted to 30.6%, putting itself ahead of Singapore by three percent.
Last years top country, Latvia, slipped in the index from 56.9% to just 10.9%, with Knight Frank attributting the fall to prices falling in certain parts of Riga.
A spokesperson from Knight Frank commented: "Despite numerous concerns over the level of oversupply in a number of locations within Bulgaria – notably the winter ski resort of Bansko and selected coastal resort locations – Bulgaria has supplanted the previously top performing Baltic hotspot at the top of the Knight Frank league."