Razgrad Properties for sale

Europe 18/03/2008
Europe, along with the U.S., accounts for over 65% of the global real estate market; accelerated growth has been associated with European Union accession in Eastern Europe. PriceWaterhouseCoopers, in their recent 'Emerging Trends Europe 2007' report, found that compared to 2006, European real estate markets now provide less risk, higher return prospects, better supply/demand balance, and improved development prospects. more

Spains Bogaris To Invest 15m Euro In Rousse 10/03/2008
Spanish construction company Bogaris, formerly known as Grupo Detea, would invest 15 million euro in the industrial park in Slatina area of Rousse, local authorities said, as quoted by Dnevnik daily. The company would design and build manufacturing, storage and office premises, Dnevnik daily reported. Bogaris was already investing 680 million euro in real estate projects in Romania. “We are looking for industrial land, but we have problems finding them at the right price because the industrial market is developing,” general manager Alfonso Otero told The Diplomat magazine in Bucharest. “I have the impression that there is a lot of land for sale in Romania but few transactions.” Another Spanish company, Keros Ceramica, was already building a ceramics factory in the Rousse's... more

The Emergence Of The Bulgarian Real Estate Market 19/03/2008
Buy-to-let investing in this country does not look particularly appealing as property prices and mortgage rates are high. So, if you are keen to plough money into a second property for the purpose of letting, you might want to consider a flat in Estonia, Poland or Bulgaria as an alternative. Growth in residential property prices is slowing in most parts of the world because of the rise in interest rates and the tightening of lending criteria. But there are still countries where sterling goes far and value can be found in property. "It's not all bad news for the global market," says Liam Bailey, head of residential research at Knight Frank, the international estate agent. "The Baltics, for example, have seen incredible growth over the last two years. And prices there are still at... more

Tourism Strategy Finalised Kroushkova 05/04/2008
The tourism strategy is finalised and is now being discussed by the Bulgarian Ministry of Environment and Water Affairs, the head of the State Tourism Agency Anelia Kroushkova told a news conference, as quoted by Dnevnik daily. The strategy needs to get the nod from all ministries, then put to a vote from the Government. The process is expected to take several months. The blueprint forecasts a revenue increase of 20 per cent in each of the years through 2013. Tourism industry players believe this growth rate is unrealistic. Final touches to the strategy concerned the way and opportunities to absorb EU funds through the environment ministry, Kroushkova said. The financial portion of the strategy remained unchanged, the official said. Namely, foreign tourism proceeds are estimated to... more

Varna Municipality Allocates 17.5ha For Container Terminal 09/04/2008
Varna municipality has earmarked 17.5ha for a new container terminal, weekly Stroitelstvo Gradut reported on April 7. The land lot, located on the northern coast of Varna lake, will be handed over once the Government and the municipality sign a memorandum for the re-development of the entire area. It includes the re-location of Varna port to the western side of the lake, as well as the construction of a recreational zone on the current grounds of the port. The Cabinet is set to review the memorandum in mid-April, Bulgarian Transport Minister Petar Moutafchiev said, quoted by the weekly. He added that he discussed the project last week with Varna mayor Kiril Yordanov and the chair of Varna municipal council Borislav Goutsanov. Total costs are estimated at 500 million euro and the... more