Petrich Properties for sale

Funding Agricultural Consolidation 24/03/2008
What started off as challenge in land consolidation is fast becoming an attractive financial investment. Agricultural land funds are turning Bulgaria's inefficiently small rural land plots into bigger and more manageable farms for later leasing to agricultural operators. As domestic and international investors become increasingly interested, agricultural land prices are going up and the farming business is set to get a boost. Land dispersion has been an issue in the country since the fall of communism. The agricultural land market has been paralysed; mostly due to the fact that plots were excessively divided and dispersed. With plots often less than one hectare in size and ownership randomly distributed, farmers who want to expand production have had to negotiate with an array of... more

Ancient Temple Of Goddess Cybele In Bulgaria's Balchik On Sale - Sofia News Agency 21/10/2008
The ancient temple of the Hittite, Phrygian, and Greek goddess Cybele, which was discovered by accident in Bulgaria's Black Sea town of Balchik in May 2007 has been declared for sale, the Varna daily Pozvanete reported.The owner of the 680-square-meter plot in downtown Balchik, the businessman Boris Kushlev, who also owns a leather factory in Poland, has offered it for sale for the price of EUR 1 000 per square meter, or about EUR 680 000 in total.The temple of the goddess Cybele is preserved really well, and according to archeologists, is the only one of its type in Europe. The temple is also the best-preserved building from the Hellenic Age in the Balkans. It includes a number of statutes of Cybele, coins from the time of the Roman Emperor Valens, and other ancient artifacts.In the... more

Construction In Bulgarias Sozopol Banned During Summer Season 13/03/2008
A construction ban will be imposed in the coastal town of Sozopol and will be valid from May 15 to September 30. The ban was enforced in connection to summer season 2007 and tourist visits to the coastal area. Investors have to stop work on all projects in Sozopol and the nearby resorts. Construction companies also have to clean the sidewalks and the surrounding areas from building materials and renew any green areas that might have been damaged. Checkpoints will prevent heavy machinery from entering the resorts during the summer season. more

Sport Opportunities Increase The Appeal Of Bulgarian Property 07/03/2008
Bulgaria offers sport opportunities available in already well-known international sport centres. As a result more property seekers, interested in golf and ski resorts turn to the country, 999 Network reports. Resorts in the country already offer quality golf courses and sport facilities. At the same time Black Sea developments give holiday real estate seekers the opportunity to enjoy coastal resorts. Ski and golf lovers have the chance to practice both sports in the same Bulgarian resort, according to the publication. The Pirin Golf Country Club is located near Bansko ski resort and its winter sport facilities, the online publication reports. Interest in Bansko is on the rise, with Bulgaria's application for Winter Olympics host in 2014. Bansko and Borovets in Bulgaria are... more

Commercial Property Investment In Bulgaria 21/03/2008
May have seemed an unlikely prospect just ten years ago, but the rapid development of the country's economic foundations has led to a booming business centre in the capital city. Vacancy rates for Class A and Class B offices in Sofia fell in the second half of last year, as the demand for business premises began to climb. It is generally accepted that it will take EU accession for Sofia to cement its place as a key European business capital, but there are clearly already signs of growth in the sector. The offshoring of activities to Bulgaria has had a considerable effect on demand for office space and it is thought it will continue to do so in future years. The Economic Policy Institute has suggested that industries such as software are particularly likely to see offshoring and it... more