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The price growth is seen in 26 European countries and Bulgaria3/1/2007

Guardian reported for a steady increase in the property prices in some of the European countries in 2006. The price growth is seen in 26 European countries and Bulgaria, Poland, Estonia and Denmark are among them, according to The Royal Institution of Chartered Surveyors.

The main reason is that a high number of West European investors have been moving to the East and are looking to buy a property there.

The registered increase of property prices in Poland amounts to 33% and the most remarkable increase is in the "ancient royal capital" of Krakow, where 58% price growth was registered, according to the report.

For Bulgaria Property the average price growth was about 36.7 % as the value of apartments in Vidin raised the most, by the amazing 64.7 per cent.
In Scandinavian region there was also increase. As an example the property prices growth in Denmark reached 22 % in 2006.

For the coming year experts predict the market to remain active.

 

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