| From Novinite.com: The global financial crisis will serve to attract more Russian and Middle Eastern investors to Bulgaria's real estate market. The reason for that is that the financial crisis is forcing the investment companies in Bulgaria to freeze or delay the execution of a number of real estate projects.
The lower prices are expected to attract primarily Russian and Arab clients. In addition, the Bulgarian Land Development firm is reported to have postponed two of its projects in the Black Sea town of Kavarna and the mountain resort of Borovetz..... Full Article: Source
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