Dobrinishte Resort Gains Ground On Bansko 10/03/2008
Holiday villages with low construction density and extra services, such as spa centres, tennis courts and swimming pools, appear the most lucrative alternative to investors. Address real estate agents noted that 10 large-scale holiday projects are underway in Bansko. Dobrinishte resort has been attracting investor and tourist interest in recent years. Some see it as an alternative to the front-runner Bansko because of its reduced construction and the ski zone just above the resort, which includes a 5 km long piste -  starting from Bezbog chalet and passing by Gotse Delchev lodge – as well as a two-seat lift and a number of drag-lifts. Address real estate agency analysts report a considerable interest in Dobrinishte over the last year. The resort offers the opportunity to develop... more

Words Of Advice When Buying Property Abroad 05/04/2008
Phrases like ‘credit crunch’ and ‘global financial crisis’ are having little effect on us resilient Brits, and whilst we may actually be feeling something of a financial squeeze and saving less and spending more cautiously, this has had nothing of a dampening effect on our insatiable desire for a place in the sun it seems! Whether your reasons for considering buying a property abroad stem from the fact that you can’t get a foothold on the British property ladder, you’re fed up with life in the UK or you want to invest in a property abroad rather than a poor returning pension plan back home, there are some words of advice that we would like to impart for you to think about when buying property abroad. If you want a jet to let property – i.e., a home abroad that you will rent out and... more

Maxit Bulgaria Opens A Plant In Plovdivs Radinovo Industrial Area 27/03/2008
Industrial mortars' manufacturer Maxit Bulgaria will open its plant in Radinovo industrial area near Plovdiv, the company’s business development manager Pavel Pavlov said, quoted by Dnevnik daily. The new plant embraces a 1.5ha plot and its annual output capacity is estimated at 150 000 tons. Construction of the enterprise finished at the end of last year. The plant opened for business with clients as of mid-February after the successful end of its trial period that ran from the turn of January and during which only trial orders were manufactured. Currently, the factory has 12 employees but this number is expected to increase to 30 by the end of the year.   Maxit Bulgaria is a subsidiary of the Swedish Maxit Group, an international premix and clay producer and provider of premix... more

Entertainment Property Projects In Bulgaria Have Potential, Retail Market Saturated Soon 12/03/2008
Sofia offered some good opportunities for investment in the property sector, chief architect Petar Dikov said. The land market has potential to develop, Dikov said. Though a zoning plan was accepted last year, it will be updated soon to give potential investors a clearer picture. “Though some parties are beginning to say that the residential market is beginning to get saturated, I believe it is still quite open,” Dikov said. Sofia formally has numerous residential buildings but the quality is very low, he said. Change is needed and the residential market will be attractive until all older constructions are replaced. Despite the intense construction, the office property market also features some gaps, Dikov said. Low quality and buildings failing to meet European standards... more

14.2% Annual Inflation In Bulgaria 15/04/2008
Bulgaria's annual inflation is up to 14.2% in March compared to 13.2% the previous month. The reason was provoked mainly from high food prices, says statistical data announced on Monday. The consumer prices increased to 0.8% m/m in March from 1.1% in February. IMF sees inflation dropping to 7% by the end of the year, hoping that grain crops will increase from last year's drought-hit levels, avoiding renewed food price hikes, commented from Reuters. The inflation by the end of last year was 12.5%, one of the highest rates in the EU. more