Property Price Hike Expected In Bulgarias Plovdiv, Sliven And Yambol 12/03/2008
A growth in the price of property is expected in Plovdiv, Sliven and Yambol in 2007. The property market will fail registering record growth, Industry Watch representative Georgi Stoev said. In the end of 2006 economists predicted growth rate in the prices of property varying between 10 and 15 per cent. Developments in the beginning of 2007 confirmed these predictions, Focus news agency reported. Some Bulgarian cities registered steady growth in 2006 but the overall price increase remained within expectations, Stoev said. Major price hikes failed coming true, he said. Similar developments are expected in 2007. Only some cities could register significant hikes, Stoev said. Plovdiv features among the cities that are to see major growth. The same could happen in Sliven and... more

Russians Show Increasing Interest In Bulgarias Property Sector 12/03/2008
Domexpo 2007 exhibition ended in Moscow on February 25. Nearly 40 Bulgarian companies took part in the real estate expo. A total of 270 participants took part in the forum. Queues of visitors formed because high number of people wanted to examine and select a property in Bulgaria, Bulgarian National Radio reported. Traditional destinations like Spain and Cyprus turned out to be less popular than Bulgaria at Domexpo 2007, the report said. Domexpo takes place for the 16th time. Because of the huge interest the expo was organised in two halls this year. Representatives of the Bulgarian consulate in Moscow said that increasing number of Russians was interested in obtaining a visa to go to Bulgaria and select property in the country. more

Bulgarias Residential Property Market Is Nearing Its Peak Realtors 18/08/2008
For the months of May and June, supply on the residential property market surpassed the demand by 50 per cent, Katya Tsenova, the executive director of Address real estate agency, told a news conference on July 21.In an attempt to evaluate the current status of the market, there were a number of contradictory statistics made public by various agencies in the past several weeks, Tsenova said.As being one of the leading consultants and somewhat of a price negotiator, Address determined that Bulgaria's residential property market is falling into a state of self-correction. Tsenova explained the tendency as a situation when potential buyers become more particular in their wishes and refuse to pay the proposed high prices. This compels sellers to correct the demanded prices and lower them... more