Plovdiv property prices to add 15% in 2008 Plovdiv, Bulgarias second largest city, trailed only the capital Sofia in terms of property transaction numbers in 2007, said Dobromir Ganev, manager of real estate agency Foros. Some 20,000 properties changed hands in Plovdiv last year versus 18,000 for Varna, another of the booming regional property markets. The combined area of transacted proper... Sofia home price up, supply of holiday homes slows The Sofia residential market stayed strong throughout the second half of 2007 and, according to the latest research findings from Colliers International, displayed significant price increases in most locations. The largest increases were in the Ivan Vazov neighborhood with a hike in average asking sales prices of 33% in H2 2007, followed by Lozenet... Resort hotels facing piecemeal disposal The owners of some hotels on the Bulgarian Black Sea coast are revamping them into holiday home properties as concerns mount about the outlook for domestic real estate investments. The trend is especially evident in coastal resort Golden Sands, said local realtors. At the moment, there are apartment listings at the Berlin Golden Beach hotel in the ... Winslow Developments to start construction of residential complex in Sofia Property developer Winslow Developments said it will start work on a residential community in Sofias Manastirski Livadi district after its local subsidiary Limex City secured the necessary building permit. Limex City is a unit of Prima Investments which itself is a joint venture between Winslow Developments and RREEF, the real estate investmen... 1 bln levs budgeted for road improvement in 2008 Some 1 bln levs will be invested in the national road infrastructure in 2008, said Veselin Georgiev, director of the national road infrastructure fund. The resource will comprise funding from the state budget, EUs transport and regional development operative programs and the World Bank.Allocations for road repairs have also been made from the 2007 ...