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Reports indicate that Bulgarian real estate will stabilise in the second half of this year, with Sofia leading this recovery, reports Bulgarian real estate experts House Sales Bulgaria (http://www.housesalesbulgaria.com/). Improved lending opportunities combined with a wide choice of some excellent property bargains are thought to be the factors behind the recovery.
http://www.housesalesbulgaria.com/.

While prices may not rise significantly in the later months of the year they are due to stabilise, giving the Bulgarian property market a much-needed health boost. Some analysts are predicting that real estate in Bulgaria will have made a full recovery within 12 to 18 months. Colliers International Bulgaria  reports that the country's capital city Sofia saw property prices drop by 3% in the first three months of 2010 - a trend seen to varying degrees across the country in that time. The average annual price decline was a sizeable 20%.

Demand for Sofia property began to pick up due to falling interest rates along with increased mortgage availability, but a key factor is price flexibility. Both vendors and developers have been reacting to a difficult market by being more realistic with the prices accepted for property in Bulgaria, Sofia in particular. This opens up a raft of Bulgarian properties to the property bargain hunters which a downturn always creates