06.8.2007

Did you see the episode of the BBC2 program 'How to pay off your mortgage in 2 years'. In this episode the man of the family travelled to Bansko, Bulgaria looking for an investment property. I am not sure of how much he had to spend but he was taken to view a number of properties by an agent from an 'un-named' agency and charged a whopping 1000 Euros for the privilege of doing so. Now this in itself should have started alarm bells ringing. Many agencies in Bulgaria, both Bulgarian and British...

06.8.2007

Nato’s big band Shape International will round off the international jazz festival in the Bulgarian mountain town of Bansko. A total of 15 professional military musicians from Estonia, Italy and the US will perform the best of 1940s classic jazz, netinfo.bg reported. In 1983, Nato’s commander-in-chief in Europe decided to form an orchestra to perform at official ceremonies. Nato countries donated instruments and funds to the orchestra. By the end of 1984, made up of more than...

06.8.2007

Real estate investment company FairPlay International will invest 50 mln levs in a vacation complex in ski resort Panichishte, in Bulgaria's Rila mountain, the company said in a filing with the local stock exchange.Construction is scheduled to get underway in 2008 and wrap by 2010.The scheme will deliver a luxury hotel with more than 100 rooms and...

04.8.2007

The management of Strandzha National Park sent a letter of gratitude to the media and non-governmental organisations on July 20, expressing thanks and appreciation to “all citizens, organisations and institutions that supported the national park in this moment of crisis for Bulgarian nature,” the letter said. This was a sequel to the...

04.8.2007

The suburb area of Varna's municipality will be developed faster than the central part of the city, prognosticate the team that elaborated the project for new Main Structural Plan (MSP) of Varna. According to the official demographic prognosis the permanent population of Varna until 2030 will reach half million people. The municipality officials...

03.8.2007

About 350 new homes are being sold in Bulgaria every single day, according to Sofia's Registry Bureau. Bulgaria's Registry Bureau issues a mortgage history certificate for every property. Such certificate is needed for the purchase of the property and for mortgaging it. Because of the great influx of home-buyers can, certificates are issued with a...

03.8.2007

A sports and entertainment hall with a trade and service centre is to be built in the city of Rousse.The project included the construction of a multi-functional hall and mall with shops, offices and a hotel, investor.bg reported.The sports hall alone will cover a built-up area of nearly 24 530 sq m. The mall, the hotel and the underground parking...

03.8.2007

The amount of office space in the outlying regions of Sofia has increased by 50 per cent in 2006, compared to 2005 figures, according to research by real estate consultancy agency Colliers.Office space in the region increased from 167 000 sq m in 2005 to 251 000 sq m in 2006, investor.bg reported.In comparison, the total...

03.8.2007

Gated residential complexes are becoming ever more popular with investors in Bulgaria.Interest in such complexes is equally high at resorts and in urban areas in south-eastern Bulgaria, Pari daily reported.The complexes were popular because they were closed off and because of the quality of life that they offered, the report said.Gated holiday...

03.8.2007

One third of the residents in the Bulgarian village of Sokolovo, which is in Dobrudja region, are Britons, informs the regional newspaper “Nova Dobrudjanska Tribuna”.Оver 30 UK citizens have already settled in the beautifully painted houses, spread along the way between Dobrich and Balchik, around 7 km from the seaside.There are...