16.8.2007

The holiday complex Martinez located on the Harmanite beach in Sozopol, on the Black sea, has started operation officially. The hotel complex St Marina 2 in Duni, located 40km south of Bourgas has also become operational. At the same time, the ban on the construction of holiday complexes...

16.8.2007

Almost all the dams in Bulgaria became target for rapacious investors over the past years. In most cases, the banks of dam lakes are being built up without zoning plans, Pari daily reported. Not a single construction project in the vicinity of Bulgarian dams has a water purification system....

15.8.2007

The gross leasable area of shopping malls under construction in Bulgaria has doubled in the first half of 2007 to 201 000 square metres, real estate consultants Colliers International said on August 8. Retail is the most dynamic commercial real estate sector in Bulgaria. Six malls currently...

14.8.2007

After Bulgaria’s entrance into the EU, more and more individuals and companies from the Netherlands are visiting to check out the possibilities of this country. Unlike the Brits and Irish who have been coming here in droves for the past five years or so, many of my fellow compatriots seem...

13.8.2007

A growing number of foreign investors are entering the Bulgarian property market.In addition to investors from the UK and Ireland, many Russians, Scandinavians, Austrians and Americans are also showing interest in the Bulgarian market, investor.bg reported.Market growth is expected to slow in response to increasing demand and competition in the...

12.8.2007

In terms of investing abroad, Bulgaria's capital of Sofia ranks as the city with the third most attractive property in Europe, according to new research.The study carried out by Global Property Guide (GPG) compared several factors which were judged to contribute to the attractiveness of buying...

12.8.2007

After several years of investors focussing on Bulgarian beach and ski resorts, the real growth could now be in the cities.That is according to overseas property analysts Property Secrets - which argues coastal resorts could prove a mistake."There is no secondary market [on the coast],...

12.8.2007

Bulgaria is touted as 'The New' Tuscany or Provence. Westerners are flocking to buy cut-price vacation homes here near Black Sea beaches or budget ski resorts. Summers are long and hot; skiing is Europe's cheapest and sunniest. Following the fall of Communism, young Bulgarians left their rural...

10.8.2007

British no-frills airline EasyJet announced on Wednesday it would add seven new routes to its network this autumn, including Bulgaria. EasyJet, which is considered to be the second-biggest low fare airline company after Ryanair, will start regular flights from Sofia to London. The route will be serviced three times weekly on Tuesdays, Thursdays...

10.8.2007

Office supply in Sofia is still on the rise, Colliers International research shows. As of the end of the first half of 2007, there were 606 500 sq m of class A and B office space, which is a 10 per cent growth compared to the beginning of the year. Most of the new offices are in the periphery of Sofia. The vacancy rate remained 5.1 per cent,...