Cheap House Outside Yambol - ID 2786

Sofias Radisson Hotel Put For Sale Report 14/03/2008
Interhotel Grand Hotel Sofia, the company controlled by Henry Gwyn-Jones, is negotiating the sale of the 136-room Radisson SAS Grand Hotel, one of the six five-star hotels in Sofia, Dnevnik daily reported on March 6. Both foreign and local prospective buyers were interested in the hotel, the daily claimed. Gwyn-Jones refused to comment. Contacted by Pari Daily, Fernando Gruenberg Stern, general manager of Radisson SAS Grand Hotel, said that such talks are commonplace and could not influence the quality of services, provided by the hotel. One of the possible buyers, local businessman Georgi Gergov, confirmed for Dnevnik that he had been interested in the property at one point, but was not anymore. In 2006, the owners of the hotel announced plans for a 10 million euro investment in... more

Drop In Fdi In Local Building Sector Foreseen 18/03/2008
Foreign investments in the sphere of real estates and construction will decrease, the chairman of Bulgarian Chamber of Commerce Bojidar Danev prognosticates. A panting of local property market exists already, he said. According the Chamber's data there are 20,000 unsold apartments, and on the seaside the number is 200,000. For those apartments exist obligations and if they are nit sold we may expect series of bankrupts. Danev also commented that speculative trade with real estates hides actual threat for the state's economy. For avoiding the building collapse the Chamber's chairperson suggested to be made an attempt for the business to go ‘on the daylight'. Equalization of tax values with the market ones and parallel decrease of the tax stake, analysis of the... more