PROPERTY AGENCIES IN BULGARIA EXPECT PRICE DECREASE
Real estate agents in Bulgaria expect a price decrease once mortgage apartments are offered for sale. Prices might decrease by as much as 20 per cent, Darik Radio reported. National Real Property Association NRPA head Orlin Vladikov said the highest number of apartments in 2005 was sold in Sofia. A mortgage loan was used in 32 per cent of all purchases, Vladikov said. By the end of this year or in the beginning of