Sun, Nov 22 2009
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The most important signal with regard to the future of the property market in Bulgaria will be the mid-year decision on whether Bulgaria's accession to the European Union will go ahead as scheduled in January 2007, according to Strahil Ivanov, head of the Yavlena real estate agency. Currently, people are waiting for the signal, and in the event of a positive message, the market will develop even more rapidly, Ivanov
The real estate market will this year see a further upswing in the office, industrial land and agricultural land segments, according to Strahil Ivanov, head of the Yavlena real estate agency. He said that the constitutional ban on foreigners owning land had no dampening effect on the property market, which had been rising at an increasing pace in recent years, because foreigners found ways to purchase property in
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