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Property prices in Pamporovo down 15 realtor

The global financial crunch has had its effect in the tourist resort town of Pamporovo, Bulgaria. The flats available in the numerous apartment estates recently built in the town have declined sharply in value, according to Yavlena GEOS, a real estate agency based in Smolyan, quoted by website stroitelstvo.bg. The first decline in value was observed in the hotelapartment complexes, especially in the cases where there is a larger loan taken out for their construction.

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