Bulgarias property market is experiencing a period of calm, expert analysis shows. Longterm predictions envision increase in property prices, Dnevnik newspaper reported. The trend would affect mainly big cities and Bulgarias famous resorts. In the shortrun the steady supply will maintain the stability of the property market, real estate experts said. For the first three months of 2006 property in major cities became
Experts predict a construction boom in Sofias centre. In two years at most new luxurious complexes would replace the old buildings in the capital, real estate companies said. Yavlena real estate company representative Strahil Ivanov said that the process of replacing old constructions with new ones would start by the end of this year. According to Adress Group predictions, the boom would start two years
A new town, with expected population of over 25 000 people, will be built within the next two years. The town will be constructed in the region of the Black Sea Popski bay, famous for its clear beaches, 24 Chassa reported. According to the investors plans the villas and hotels in the town will host over 25 000 tourists during the summer season. The region is part of Tsarevo municipality. Tsarevo mayor Petko