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Bulgarian property prices unlikely to soar after EU accession

Bulgarian newspaper Dnevnik has predicted that EU accession is unlikely to have a drastic affect on property prices and that the average increase in 2007 will be around 20%, followed by 15% in 2008. It forecasts that price differentials will deepen, with well constructed, luxurious properties that are surrounded by good infrastructure, likely to rise the most in price.

Offices would be the most popular property for investors in 2007 it predicted, with those located in business centres likely to be in highest demand.

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