The price of EU accession: An insight into the Bulgarian real estate market

Rizov, Marian (2004) The price of EU accession: An insight into the Bulgarian real estate market. Property Management, 22 (1). pp. 72-83. ISSN 0263-7472

Full content URL: http://dx.doi.org/10.1108/02637470410525509

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The price of EU accession: an insight into the Bulgarian real estate market

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Abstract

Accession of Bulgaria to the European Union is expected to result in increases in the
prices of all types of real estate, these changes are expected to differ across the segments of the
national real estate market. Real estate prices have been inXuenced primarily by local demand,
government policies and the perception that EU accession is promoting investment. It is likely that
prices of Xats will further differentiate, themarket for ofWce space will stabilize, demand from retail
sector will strengthen the market for urban development sites, provision of infrastructure will
importantly inXuence prices in holiday resorts and industrial estates, and agricultural land prices
will initially upsurge.

Keywords:Real estate market, EU accession, price
Subjects:L Social studies > L100 Economics
N Business and Administrative studies > N110 European Business studies
Divisions:Lincoln International Business School
ID Code:19559
Deposited On:20 Nov 2015 09:57

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