Interest In Bulgaria Office Property On The Rise 07/03/2008
International and Bulgarian companies alike are increasingly interested in the purchase of quality office property in Sofia. The tendency for companies to get office spaces in apartment buildings is becoming less valid. Though the price of property in office buildings tends to be higher, these guarantee various benefits apartment buildings cannot provide, Dnevnik newspaper reported. Quality office areas in the central part of Sofia are getting fewer. This lower supply produces some new developments. An increasing number of companies look for office spaces alongside major boulevards in other parts of the capital to ensure easy travel and communication. Some of the more important projects in the sector at the moment include Europark, an office building of the A-type. Most of the... more

Haskovo Mall To Cost 22m Euro 11/04/2008
Bulgarian firm Marsa plans to invest 22 million euro on Haskovo Mall, the first shopping centre of its kind in the southern Bulgarian town, investor.bg reported. The company has already secured a 4800 sq m plot some four kilometres from the town centre, in an area that is already shaping up as a major shopping district with several household appliance retailers and car dealerships, as well as convenient access. Haskovo Mall will have a built-up area of 20 000 sq m, featuring four storeys of stores, restaurants, cinema halls and a supermarket, as well as a two-level underground parking lot. "The size of the mall reflects that of the town and the area," Marsa shareholder Temelko Pampov said, as quoted by investor.bg. The catchment area of the mall is 200 000 people, mainly from... more

Varna - The "best" City For Living In Bulgaria 19/03/2008
The Black Sea city of Varna enjoys the best conditions for living and working in Bulgaria, according to a survey conducted by Darik Radio in association with Bulgarian language daily 24 Chassa. The research, conducted in October and November, ranked 35 Bulgarian cities according to 40 criteria. These included the availability of green areas, the number of kindergartens, road conditions, public access to wireless Internet, climate, investment, unemployment rate, recreational opportunities, cleanliness, signposting, facilities for disabled people, architecture, airport availability, parking and health service as well as the crime rate and various other benchmarks. The study's aim was to evaluate the quality of life in Bulgarian cities at the turn of 21st Century. The findings did... more

barbies Band To Rediscover Bulgaria 25/03/2008
Bulgaria's property market is 85 per cent foreign investment-driven and has been experiencing an outflow of British and Irish buyers lately, but the predictions of some pundits for a re-advent of British buyers could still be proven right, as UK investors have not lost their zest for investing in property abroad. Despite the credit crunch experienced by Britain, investors who Buy Abroad and Rent in Britain (hence the Barb-ies abbreviation) have been very active on emerging markets as of late, The Daily Telegraph reported on March 22. Typically, Barbies are young, first-time buyers who can't afford to get on to the first rung of the British real estate ladder, so turn to another country where properties are more affordable, the British daily said. “Priced out of the British... more

Smaller Apartments Gain Popularity On Bulgarias Property Market 07/03/2008
Smaller apartments become increasingly attractive for property buyers in Bulgaria. The majority look for one or two-bedroom apartments, costing between 30 000 and 40 000 euro, Capital newspaper reported. Because of the lack of interest, construction companies split larger apartments before the final completion of real estate projects. The higher demand for smaller apartments resulted from the price increases since 2000. Costs were pushed up by the intense demand, aimed at purchase and sale for higher prices in the future. Supply meets demand for the time being, real estate agents said. At the same time, dealers of larger apartments said the interest toward bigger property remains steady. One reason for this is the decrease in the price of three-bedroom apartments, Capital reported.... more