Varna leads Bulgarian property market price-wise

Dnevnik Daily, 2nd November 2005

The value of homes in the coastal Varna area outpaced the residential market in the capital Sofia in Q2, according to data supp[lied by Bulgaria's National Statistical Institute.
The value of homes in the big cities has slowed versus the same period last year when it was rising at twice the current rate, forecasting a 15% increase in the price of luxe homes for 2006.
The agencies noted the increasing popularity of gated residential communities with at least 30 such developments currently under construction in the Sofia area. Upon completion, they are expected to place on the market some 5,000 apartments.

Purchase a home in/near the coastal town of Varna Varna or in the capital Sofia

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