Bulgarian Farmland Prices Go Crazy - Why You Shouldn't Buy Now
The agricultural land market in Bulgaria is on the verge of overheating, according to the latest data from the National Statistical Institute. Over the past decade, field prices in certain areas have skyrocketed more than sixfold, reaching levels where natural resources must be extracted to recoup the investment. Real estate experts warn that a bubble is inflating, and it will soon burst, drawing parallels to 2013 when land prices plummeted by nearly 50% within a single month.
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