02.8.2007

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...

01.8.2007

An increasing number of banks are registering or considering setting up their own real estate agencies, Bulgarian-language Dnevnik reported on July 19. In this way they provide all services related to property purchase, from the choice of a property to the signing of the agreement. It seems as if these banks’ agencies are serious...

01.8.2007

The average price of apartments in Sofia's peripheral neighbourhoods that are still under construction has gone up by 42,2 per cent. Two-bedroom apartments in Bukstone residential district registered the highest price increase - 86 per cent. The cheapest 75-sq m off-plan apartment is offered for 39 800 euro, or 531 euro a sq m. Prices of off-plan...

01.8.2007

When it comes to buying holiday properties, Russians have been opting for the Balkan countries, especially Bulgaria and Montenegro, Gazeta.ru reports, as quoted by money.bg. Though Spain, Turkey, the Czech Republic and Cyprus are typical destinations for Russians, this year Montenegro and Bulgaria have become new hotspots. The two destinations...

31.7.2007

The direct foreign investments in Bulgaria in the first half of the year were by about 10 per cent less compared to the same period in 2006. The foreign investments for the first six months of 2007 amounted to 1.5 billion euro, while in the first half of 2006 they were 1.7 billion euro, according to a report of the Centre for Economic...

31.7.2007

Soifa's chief architect Petar Dikov has been planning to improve the capital's four large parks – Borisova Gradina, South Park, West Park and North Park, close to Soifa's Central Station – for several years now. Construction and remodeling has already started in Borisova Gradina, where the Ariana lake is being revived to offer various...

30.7.2007

Prices of properties in the centre of Sofia grew by 16 per cent in the first half of 2007, compared to the second half of 2006, Address real estate agency reports. There are two trends that define the market dynamics: lack of supply of 60 to 70 sq m apartments and a drop in demand for office space due to the lack of office buildings in the CBD. ...

30.7.2007

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, certificates are issued with a...

30.7.2007

Banks that are leaders in mortgage lending and offer lucrative packages are making up for these favourable conditions by putting an extra charge on accompanying consumer loans, a survey of Express Daily suggests. Thus, for instance, DSK Bank – one of largest and most popular banks in Bulgaria – offers mortgage funding at 6.15 per cent...

30.7.2007

Bulgarian air carrier Bulgaria Air will start flying to three new destinations by the end of 2007, executive director Dimitar Pavlov said. The company would fly to the Macedonian capital of Skopje, Serbian capital city Belgrade and Istanbul in Turkey, Pavlov told investor.bg. The flights will be three to four times a week in each direction....