We are now in 'credit crunch' and the crunch will be more of a problem to developments in the ' emerging markets' inc Bulgaria than in the established markets of the modern economic states of EU [ Spain inc] and also UK!!!
As a result of the ' CC' buyers in locations such as Bulgaria are ' I suspect' about to have a lot of problems.....sorry to say this and for dealers...well they can look after themselves.......but the 'private life style buyer in these markets are in for a ' very ' rough ride
Hope I am wrong!!!

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Brian Rowlands BSc FRICS
Chartered Surveyor & Overseas Property Agent:-[url]www.bbspanishproperties.co.uk