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Bulgaria: the decrease of foreign investment

More than half declined over last year, foreign investment in Bulgarian property.

From January to November 2015, the amount that foreign buyers invested in the purchase of real estate in the country amounted to € 50.4 million For the same period in 2014 this amount was more than double at € 115.1 million

Traditionally, the main foreign buyers of real estate in Bulgaria remained Russians – despite the crisis they have brought the country’s budget is € 25 million (49.6% of total investments)

Moreover, the total foreign investment in the country’s economy for 2015 amounted to € 1.467 billion (3.3% GDP), € 251 million more than in the same period of 2014.

According to the materials of