Plovdiv Property Market is Flooded
2008-01-30 16:24 News from News.bg
Property offering in Plovdiv will more and more notably outstrip the demanding, specialists preview. Especially overloaded is the trade areas sector, where expectations are 87, 000 square meters surface to be built up to the end of 2008. Most of them will probably turn out to be unprofitable.
More over foreign investors are wary towards opening of second trade object in the same city, which stagnates additionally the rental relations developing and the realization of already constructed trade buildings.
Now the big investments in Plovidv area are re-directing mainly towards buying agriculture land with changed statute along the highway Plovidv - Asenovgrad, due to the good communication between two cities and the closeness of Plovdiv Airport.
Specialists now are questioning if the tendency of mall construction will proceed or industrial and factory investments will occur more perspective and profitable in long term plans.
This News is listed at news.Guide-Bulgaria.com
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