INCREASE IN NEWLY BUILT PROPERTY SUPPLY IN BULGARIAS CAPITAL

An increase in the supply of newly built property in Sofia was to be expected in the beginning of 2007, according to real estate agents. Nearly 24 000 construction permits were issued only for the first nine months of 2005, National Statistical Institute data showed. The number exceeded more than two times the constructions begun in 2004, Darik Radio said. More than 35 000 new apartments would be offered for sale

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