State and Determinants of Real Estate Market Development in Central and Eastern European Countries on the Example of Poland and Bulgaria

Sławomir Palicki , Izabela Rącka , Ivo Kostov

Abstract

In this paper, the specificity of release and transformation processes of real estate markets in two postsocialist bloc countries, i.e. Bulgaria and Poland, was diagnosed. Comparative analysis of the conditions and directions of change was used as a tool to clarify the current situation, current status and characteristics of these markets. Comparison of Poland and Bulgaria also indicates the prospects for the development of real estate markets. The article is an attempt at assessing the condition and evolutionary progress of the residential segment. The authors also selected obstacles and factors promoting the development of real estate markets in the analyzed countries. This will either enable the critical assessment of changes observed in the past, or prove helpful in the context forecasting market phenomena.
Author Sławomir Palicki (WZ / KIiN)
Sławomir Palicki,,
- Department of Investment and Real Estate
, Izabela Rącka - Państwowa Wyższa Szkoła Zawodowa im. Prezydenta Stanisława Wojciechowskiego w Kaliszu
Izabela Rącka,,
-
, Ivo Kostov - University of Economics in Varna, Bulgaria
Ivo Kostov,,
-
Journal seriesReal Estate Management and Valuation, [Studia i Materiały Towarzystwa Naukowego Nieruchomości], ISSN 1733-2478, e-ISSN 2300-5289, [2300-5289], (B 12 pkt)
Issue year2015
Vol23
No2
Pages 74-87
Publication size in sheets0.65
Keywords in EnglishCEE real estate market, transformation, Poland, Bulgaria, housing
ASJC Classification1406 Marketing; 1408 Strategy and Management; 2002 Economics and Econometrics; 2003 Finance
DOIDOI:10.1515/remav-2015-0017
URL https://www.degruyter.com/downloadpdf/j/remav.2015.23.issue-2/remav-2015-0017/remav-2015-0017.pdf
Languageen angielski
Score (nominal)12
Score sourcejournalList
ScoreMinisterial score = 12.0, 30-12-2019, ArticleFromJournal
Ministerial score (2013-2016) = 12.0, 30-12-2019, ArticleFromJournal
Publication indicators Scopus SNIP (Source Normalised Impact per Paper) [Not active]: 2015 = 0.28
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