A Bulgarian real estate investor has said, in an interview with BNR, that the property market is moving from “euphoria to reality,” but insisted that there is no sign of a bubble or imminent price collapse. Speaking to Bulgarian National Radio, investor Ivo Dimovski, who operates in both Bulgaria and Germany, argued that rising property prices are largely driven by strong domestic demand and higher construction costs.

A Bulgarian real estate investor has said, in an interview with BNR, that the property market is moving from “euphoria to reality,” but insisted that there is no sign of a bubble…

Georgi Angelov, chief economist at the Institute for Market Economics, has warned that Bulgaria’s current economic expansion is being driven less by productive capacity and…