Bulgaria Housing Prices Increased 15% In H1 20/03/2008
Local residential prices rose 15% in the first six months of 2007, shows a recent report released by Bulgaria’s national statistical authority.Home prices increased 9.3% in Q1 before slowing down to a growth of 5.4% in Q2. Address, the nation’s biggest realtor, reported last week a 10% gain in housing prices for H1 and forecast a further increase of 10-15% for the remainder of 2007. The statisticians reported that the nationwide average price of a square meter of residential space cleared the 1,000 lev milestone in Q2 to settle at 1,041 levs/sq m versus 988 levs/sq m in Q1. Home prices in six of the nation’s 28 regional centers have passed that benchmark. The Q2 Varna residential market had a clear lead on Sofia with prices of 1,710 levs/ sq m (up from 1,646 levs/sq m Q1) compared... more

Berbatov To Open Soccer School In Bulgarian Village 21/05/2008
Dimitar Berbatov, captain of Bulgaria's national football team and erstwhile Tottenham Hotspur striker, wants to open a soccer school in the Bulgarian village of Lozen near Sofia, local zagrada.bg reported. Berbatov was said to have met with Sofia mayor Boiko Borissov on May 19 to discuss his plans. The striker's foundation, which carries his name, aims to promote sports as an alternative to aggression and addiction in youths. Berbatov wanted to use the local stadium, which was municipal property, for this sports school. Borissov was said to have promised his cooperation to realise the sports school, but also to find housing for the Berbatov foundation where a study hall was to be set up. The Dimitar Berbatov foundation was registered on April 7 2008, zagrada.bg said. Earlier... more

Bulgaria Property Buying Guide 17/03/2008
There is apparently no stopping the Bulgarian property market!  Prior to EU entry the risk takers bought in, they were aware that prices would rise once EU entry was secured and how right they were.  In 2007 when Bulgaria and Romania joined the EU folds prices did indeed rise and they are continuing to expand in line with demand particularly in the ever popular ski resorts such as Bansko. If you’re been drawn to the natural appeal, accessibility, affordability and attraction of Bulgaria and you want to buy property there, then this Bulgaria property buying guide will give you the pertinent facts that you will need in order to make your buying experience a smooth and stress-free one. Currently anyone wanting to buy freehold title to landed property in Bulgaria has to set up a Bulgarian... more

Home Move Uk Forecasts Moderate Price Growth In Bulgaria In 2008 10/03/2008
Bulgaria's property market has been on the rise over the last few years, with real estate prices rising by 30.6 per cent in 2007, but their growth is expected to continue at a more moderate pace this year, home and property portal homemove.co.uk said on March 3. The region has a significant potential, particularly in commercial and industrial areas sector, while the capital Sofia was rapidly growing and offered favourable investment opportunities. Many people were eyeing Bulgaria for vacation investments due to its natural landscape, hiking and bike treks, the coastline along the Black Sea, the beaches, historical attractions, temperate climate and skiing opportunities. In its guide to buying property in Bulgaria, the portal warned about the fact that buyers paid the bulk... more

Local Btc Invests 110 Million Eur In 2008 28/03/2008
Bulgarian Telecommunications Company owned by AIG insurer informed that will invest 110 million EUR in 2008. The sum will be used for improvement of its services and expand of the broadband network, Reuters informed. BTC Chief Executive Officer Bernard Moscheni told media that the company will invest a 20% share of the total revenue of BTC in upgrading the network and services. Last year BTC's revenue was 970,7 million BGN (485 million EUR). more