Bulgarian house price growth outpaces other countries
Bulgaria experienced a higher rate of house price inflation than anywhere else in the world last year, new figures have revealed.
According to the Global Property Guide, the eastern European country saw the biggest increase in values during 2007, when compared with the previous year.
House prices were found to have risen by almost a third, more than in places such as China, Estonia and Lithuania.
Bulgaria's increase of 30.6% also puts it ahead of the UK, which experienced growth of 9.7% during this period.
This could help to account for the country's popularity among overseas property investors, as it suggests that many are benefiting from a strong rate of capital appreciation.
Similarly, the high ranking of other eastern European nations shows that many other parts of the region are also attracting considerable interest.
The figures account for the first year of Bulgaria's membership of the European Union.
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