Bulgaria Real Estate Heaven 20/03/2008
Bulgarian Property market has experienced a great increase in value during the last few years and this is a fact that couldn’t be ignored by the foreign investors, commented the British news agency PRNewswire. The blog you are reading is dedicated to providing in depth insights on issues like legal and buying process as well as allowing people with experience to share their comments and views. Since there are only a few places on the web where you can find relevant content about the Bulgarian Property market this blog is a modest attempt to provide interested investors with appropriate information and resources. Statistics says it all. According to the overseas market leader Knight Frank International Bulgaria is also in the top positions for growth of property prices with some 20%... more

Serbias Delta Maxi To Open 10 Stores In Bulgaria 08/05/2008
By the end of the year Serbian Delta Maxi plans to open 10 new supermarkets in Bulgaria, as part of its regional expansion campaign, Serbian broadcaster B92 reported. Delta Maxi bought a majority stake in Bulgarian retail chain Piccadilly last year, at which point its CEO Dragan Filipovic said the company would invest 70 million euro in Bulgaria over the next two years. The group plans to open 10 new commercial sites in Serbia, eight in Montenegro and five in Bosnia and Herzegovina. The company also plans to set foot in Albania, Macedonia and Ukraine. In Serbia, Delta Maxi dominates the market with more than 360 supermarkets and stores countrywide, reporting revenues of 900 million euro last year, B92 said. Its majority shareholder, Delta Holding is the country's largest private... more

Investment In A Tworoom Apartment In Sofia Repays In 15 Years 14/03/2008
The purchase of a two-room apartment in Sofia pays off in about 15 years, according to Industry Watch’s calculations for the fourth quarter of 2007. Only three months before, i.e. the third quarter of last year, a similar investment paid off in 13 years and at the end of 2006 the repayment period was 10 to 11 years. Residential sale prices increase at a quicker pace than rentals, so accounting for the slowdown of returns on these investments, the think-tank comments. Rental levels cannot increase faster than the growth of average disposable income, Industry Watch analysts say, and they foresee that it will be one of the propellers for residential sale price correction. Housing will slow down its appreciation rate this year –  not forecast to exceed 15-20 per cent. The slight increase... more

70 See Entrepreneurs And Investors Attend A Conference In Sofia 18/05/2008
More than 70 entrepreneurs and investors from Southeast Europe will take part in the starting today in Sofia second regional conference on the topic “Find the capital you need to go ahead”. The forum is organised by the Center for entrepreneurship and management development and aims to help the small and medium business to find capital for its successful development. Guest at the conference will be the chairman of the Association of the business angels in USA John May – author of the book “Every business needs an angel”. more

Greeks Conquer Bulgarian Property Market 08/05/2008
True Greek invasion is happening in the moment on the property market in Bulgaria in the last two years, comments the Greek business edition ‘Imerisia', quoted by local Investor.bg. There is an interest by constructional companies, mostly from North Greece, that build many residential complexes, trade centers and office buildings in Romania, Bulgaria, Croatia, Albania and recently in Macedonia. All this is accompanied by individual investors that buy properties on cheap price, which give on loan after that or use for vacation. Despite the considerable increase of prices of real estates in Bulgaria lately, the properties are still considered as cheap for the Greek purchasers. The most demanded spots according to the Greek buyers are in Varna, Burgas and Bansko. The most expensive... more