Prices of property in Bulgaria would remain unchanged in the coming five to six months, real estate agents said.

The upcoming EU entry and all novelties were going to lead to stagnation until investors found out what changes to expect, Novinar newspaper reported.

After the initial stagnation a 15 per cent price increase by the end of 2007 could be expected, said agents.

According to a poll of investor.bg property prices in Bulgaria already reached their peak. Nearly 35 per cent of the people polled said so. Another 26 per cent said that such peak could be expected in the coming two to three years.

Novinar reported that property prices in Poland and the Czech Republic went up 30 per cent after the two countries became EU members. Hungary registered a one per cent price decrease.

In the coming month both buyers and sellers were going to get a feel of the new situation and prices, Novinar reported.

Property prices were going to depend mainly on location and on the type of facility. Other factors that could have effect included income increase, GDP and mortgages.

The prices of property in central city districts in Bulgaria have not reached the peak yet and would continue increasing, agents said.