24.8.2007

After the over-development in Sofia’s northern areas in the past years, the municipality is expected to fund construction projects at the foot of Stara Planina, or Balkan, mountains. Investors in industrial property and warehouses increasingly focus their interest in the north, Capital...

17.8.2007

The investments agency has seen an influx of applications for certificates for first-class property investment projects, the agency’s executive director Stoyan Stalev recently told Dnevnik daily. The deadline for such applications is August 30. Stalev said that not all applications would be...

17.8.2007

The fun money may be migrating from holiday homes in the Spanish costas to those in Croatia, Turkey, Morocco and even more exotic locations, but these days if you're a serious property investor, the attention is clearly focused on central and eastern Europe. With property prices in the United...

17.8.2007

Property has become one of the biggest ways for people to save for their retirement, with around seven million homeowners using their house to at least part-fund their retirement, according to research from Fool.co.uk. Miranda John, manager of independent mortgage broker Savills Private Finance,...

17.8.2007

The Global Property Guide has released a report warning investors of the high transaction costs involved in investing in offshore property. A survey of OECD countries found Belgium, Italy and France have “unnecessarily high” transaction costs,...

17.8.2007

Demand for holiday property at the north part of Bulgaria's Black Sea increased substantially in 2007. The towns of Kavarna and Balchik, together with the regions near the Golden Sands and St. St. Konstantin and Elena resorts have attracted investors' interest, imot.bg research showed, as quoted by...

17.8.2007

The rental market in Bulgaria is expected to experience substantial growth in the second half of August and the beginning of September 2007. Outside the central parts of Sofia and the other big towns in Bulgaria, which usually have high demand for rental apartments, the interest in apartments for...

17.8.2007

The Greek construction and energy holding company GEK said that its unit Icon Eood has purchased property worth 19.6 million euro in Bulgaria’s Borovets resort after submitting the best offer in a tender held by the Municipality of Samokov. The property was approximately 16 360 sq m,...

17.8.2007

Bulgarian firm Varna Towers plans to invest BGN 85 M in a mall in the seaside city of Varna, Bulgaria's investment agency BAI said on Friday. The agency plans to award the project as a class A investment certificate on Wednesday. Varna Towers mall draws its name from the twin 12-storey buildings,...

16.8.2007

The Bulgarian sell-off regulator said it will put up for sale buildings, a hotel and vacation retreats owned by local defence company VMZ-Sopot. An August 22 auction is scheduled for an unfinished hotel building in Sopot. Bidding will start at 800 000 leva. The guide price for a VMZ...