Bulgaria has suffered a drastic drop in home prices in the third quarter, with the 28% year-on-year decline softer only than in Latvia and Estonia, according to the latest report of UK-based real estate consultancy Knight Frank.

The estimate ties up with figures released by Bulgaria`s statistical office, the National Statistical Institute (NSI).

NSI said on Thursday civil construction and engineering has rebounded by 2.3% in October compared with September but shrank by 15.3% on an annual basis.

Building construction plummeted a double 30.6% in October from a year before, the NSI said.

The general construction market saw a 13% decline for the ten months, with building construction to blame for much of the contraction with its 17.7% year-on-year fall. Infrastructure projects between January and October recorded a 2.3% drop.

house for sale Stambolovo 90 m2 € 15000

house for sale Plovdiv 50 m2 € 10200

house for sale Veliko Turnovo 85 m2 € 8500

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