Prices Of Old Residential Constructions In Plovdiv Double 18/08/2008
The average price of lodgings in older buildings in the centre of Plovdiv has nearly doubled over the past year, investor.bg quoted Europolis real estate agency as saying.In the end of June 2008, a sq m in the city centre cost 900 euro, while a year earlier the price was 520 euro.According to the company, apartments in newly built buildings currently cost 770 to 1000 euro a sq m, but near-future prices of up to 1800 euro per sq m were not improbable.The price increase for old constructions was a result of the recent development of property market, while newly constructed apartments had become more expensive because of the price increase of construction materials, the company said.Europolis predicted a slight increase in the prices of property in new developments by the end of the year. more

Denitsa Hristova Is The New Managing Director Of Benchmark Finance 14/03/2008
Denitsa Hristova was appointed the new managing director of BenchMark Finance at the beginning of the year. Hristova’s previous experience includes working at the Economy Ministry as head of the human resources department and director of the human resources and organisational development divisions. Between October 2004 and December 2007 she was chairperson of the State Agency for Bulgarians Abroad. She has also been a member of the Bulgarian Associations for Human Resources Management and Development and was on the board of directors for the Association of Specialists on Labour Protection. Hristova graduated in labour economy and organisation from the University of National and World Economy in Sofia. She has post diploma qualifications in land and property management from... more

No More Cheap Property For Sale In Bulgaria 09/03/2008
Buying cheap property, even in Bulgaria's small villages, was becoming increasingly difficult, Bulgarian daily newspaper 24 Chassa reported. Even if village houses were to be found, prices were no longer as low as in the recent past. In the past five years property prices in Bulgaria increased fast, 24 Chassa reported. The process affected village property the latest. Increased investor interested in village property, however, quickly resulted in price jumps. The growth rate began slowing down in 2005 and 2006. Because of the trends in the past few years cheap property could be found hardly, 24 Chassa reported. Investors and agencies bought cheaper property in some of Bulgaria's small villages and after some renovation works offered it for sale at prices much higher... more

Bulgaria Ranks First On Fdi In 2007 15/05/2008
Bulgaria ranks first on foreign direct investments in 2007, stated Bulgaria's Economy Minister Peter Dimitrov in the lecture ‘Economy perspectives before Bulgaria and Bulgarian - American trade relation'. Dimitrov explained that the incomes from foreign investments for the last year were round 6,5 billion EUR. Bulgaria's budget surplus until March 31, 2008 was 547 million EUR. The country takes 9th place in the world on attractive place for making business, as ranking first in Central and eastern Bulgaria. The electricity prices are lower only in Latvia, but according to Minister Dimitrov's words the prices should remain at this level. The prices of natural gas are lower only in Estonia, and the petrol and diesel are cheaper only in Romania. Bulgaria can't... more

Drop In Bulgarian Black Sea Coast Property Prices 21/03/2008
A sharp fall in the demand for smaller studio and one-bedroom apartments of between 40 and 60 square metres in Bulgaria's traditional Black Sea resorts, has pushed down prices by between 8 and 12 per cent in the past six months. Now the prices vary between 800 and 1,200 euro per square metre in new developments, depending on their proximity to the beach, real estate agents announced, quoted by The Financial Times. The newspaper claims that while British and Irish buyers are gradually losing interest in property on Bulgaria's Black Sea coast, they are being promptly replaced by wealthy Russians and Romanians. Not everyone considers the slow-down of this market as a negative trend. Its immediate consequence will be a slight hold on the rushed overdevelopment, recently observed... more