Bulgarias Real Estate Expo Presents New Projects And Luxury Property 10/03/2008
The fifth edition of the largest real estate trade show in Bulgaria, Real Estate Expo, took place from October 20 to 22 in Sofia. More than 100 participants presented various opportunities for investment in real estate and information about the property market developments in Bulgaria. Participants also presented investment opportunities in France, Dubai, Italy, Germany, the US and the Caribbean region. Some bigger and more luxurious projects for property complexes, apartments, spa and golf resorts in Bansko, the Pirin Mountain region and in the Black Sea coastal resorts were presented. Aturen, the first satellite village with restricted access in the city of Stara Zagora also featured among the projects presented. Visitors got a look at the zoning plans of Sofia and Plovdiv... more

The Rise And Rise Of Bulgarian Property 20/03/2008
Anyone who has bought property in Bulgaria will tell you that the prices are so low, it is impossible to lose. Prices will continue to rise. The only uncertainty is by how much. And how long. The Balkan country already has had 12 years of increases. And the National Statistical Institute reported in January that the average sales price per square meter for residential properties in Bulgarian cities had gone up 36.6 percent in the previous year. But residential prices in Sofia still average only EUR 600, or USD717, per square meter, or USD66 per square foot. That is much less than the EUR 750 average per square meter in Bratislava, Slovakia; EUR 850 in Bucharest and EUR 1,500 in Prague, according to the National Real Property Association of Bulgaria. Those numbers have pushed Bulgaria... more

Low Property Prices And Inexpensive Ski Passes 21/03/2008
make Bulgaria one of the top destinations for flourishing ski properties, writes The Times in its latest edition. Described as ideal for a budget ski property, Bulgaria is recommended for its season from mid-December to late April and the challenge that its slopes offer for the occasional skier and for those with little experience. "During the summer this sparsely populated, largely rural country offers a wealth of activities such as hiking, fishing and mountain biking, as well as the fabulous beaches of the Black Sea coast. The numerous historic towns, unspoilt villages, castles and churches are also waiting to be explored." According to research by the property investment expert Assetz, Bulgarian ski resorts offer rental returns of up to 12 per cent - because of their year-round... more

Shopping Malls In Danger 17/04/2008
The shopping malls market segment could face a crisis in 2010, Emanuil Santev, head of real estate department at Hypo Alpe Adria Leasing told participants at the second regional conference Balkan Real Estate Conference (BalREc) on April 15 2008, as quoted by Dnevnik daily. On the first day of the two-day conference held in Sofia's Kempinski Hotel Zografski participants could not find an answer whether Bulgaria's real estate market was going to suffer a serious crises. “In terms of shopping malls one could say that a crises is approaching because almost every big city in the country has a shopping mall or is in the process of getting one” Santev said. Another risky market segment was holiday complexes, Santev said. “It is expected that this market segment will be at a... more

Bld Fund Buys Another Plot Near Sofia For Residential Complex 26/03/2008
Bulgarian Land Development (BLD) investment fund acquired another 46 673 sq m plot of agricultural land near Sofia for 500 000 euro, although its exact location was not revealed, investor.bg reported on March 25. The plot is located in an area with good potential for the development of a residential compound in Sofia’s suburban areas. BLD wants to consolidating several stretches of agricultural land in the area to a total of about 250 000 sq m. Once the fund has acquired all the necessary land, it plans to change its purpose into plots for residential construction. BLD representatives consider the project very attractive to both holiday property buyers and Sofia residents, because of its enticing location – only a 45-minute car drive from Sofia, the complex will combine the benefits... more