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."