Dobrich Properties for sale

Beach Concessions Uncertainty Clouds Start Of Tourist Season 15/04/2008
The new summer tourist season in Bulgaria might start with most of the beaches in its Black Sea resorts without managers, because it was unclear who would be authorised to call the concession tenders and under what conditions, Dnevnik daily reported on April 14 2008. The Cabinet would discuss the matter on April 17, when it is expected to approve amendments to the laws on concessions and state assets, Dnevnik said. Government experts have suggested that the existing concession contracts are extened until the end of 2008, when new concession tenders would be held. According to Dnevnik, a number of the beaches in the resorts of Albena, St. Konstantin and Elena, Elenite and Zlatni Pyasutsi (Golden Sands) would be left with no lifeguard services, which are provided by the concession... more

Bulgaria A Hot Property Destination For Welsh 20/03/2008
The number of Welsh families buying property abroad is on course to double within the next seven years, with Bulgaria proving the hot destination. Even first-time buyers priced out of the domestic market are turning to the former Soviet bloc nation to get a foothold on the property ladder, says Swansea-based Britannia Overseas Property. Britannia - one of the UK's leading developers in Bulgaria - say impending EU membership and low property prices are helping money pour into the Black Sea resort nation. Such is demand, Bulgaria last year recorded an average property price increase of 47.5 % with experts predicting values will more than double over the next 12 months. Britannia's Bulgarian ski and coastal development properties sell on average for Ј45,000. Attracted by its... more

Elana Plans Ipo 20/03/2008
Elana Financial Holding will be floating its shares in an initial public offer (IPO) in the second half of this year, Kamen Kolchev, chair of Elana Holding AD board of directors and chief executive director, said on March 19. The holding plans to offer between 15 and 25 per cent of its shares. Elana Financial Holding comprises the companies Elana Trading, Elana Fund Management, Elana Property Management and Elana Investment. The company is in charge of Elana's financial operations. Elana Holding reported consolidated net profit of 7.5 million leva in 2007 in what is a 180 per cent year-on-year increase. Revenues grew by 50 per cent on the year to 50 million leva. In addition, Elana plans to establish two real estate investment trusts (REITs) before the year expires, Kolchev said.... more

Bulgarian Labour Minister Busts Building Site - Sophia Echo 15/07/2008
Bulgaria will draft a list of companies that are repeat offenders against the country's labour laws and these companies will be barred from access to operational programmes and European funds, Labour and Social Policy Minister Emilia Maslarova said on July 14.She was speaking after leading officials and journalists on snap inspections of a building site in the capital city's Manastirski Livadi neighbourhood near Bulgaria Boulevard and of a pizzeria.The inspections were part of a "mass check-up" that has started throughout Bulgaria, the Labour and Social Policy Ministry said.The ministry ordered that work be suspended at the building site after the snap inspection found that workers lacked safety equipment, that two workers were under-age, and that two out of eight workers did not have... more

Overseas Property: How To Find A Hotspot 31/03/2008
Until about 18 months ago, you would be hard-pressed to fail to make money from investing in overseas property. Everywhere was emerging and on the up. advertisement But, in these credit-crunch times, it is a different story. The US and Spanish markets are floundering. Recent successes, such as Estonia and Latvia, are slipping. So where do you turn to now? Follow the locals "An interesting indicator of future growth areas are places where wealthy locals go on holiday," says Lance Nelson of Jet2Let Property. ]# "Seek out undeveloped enclaves with a couple of high-end hotels, such as the Bulgarian resort of Byala or Sapareva Banya, which has the hottest natural springs in Europe. Water spas are popular among Eastern Europeans, Russians and Japanese tourists and offer year-round rental... more