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Property rentals soar in major Bulgarian cities

Bulgarias four biggest cities Sofia, Plovdiv, Varna and Bourgas have see a significant shift in the trends of the real estate sector, in particular the growing interest in property rental, data from real estate agency Address showed on November 24.The double digit increase on the market in 2008 has been credited to the sharp demand of property rentals, as a consequence of the global financial crisis and the subsequent decline in demand for purchase of single family homes, flats or planned unit developments.

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