Below Market Price House Near Dobrich - ID 2683

Beach Concessions Uncertainty Clouds Start Of Tourist Season 15/04/2008
The new summer tourist season in Bulgaria might start with most of the beaches in its Black Sea resorts without managers, because it was unclear who would be authorised to call the concession tenders and under what conditions, Dnevnik daily reported on April 14 2008. The Cabinet would discuss the matter on April 17, when it is expected to approve amendments to the laws on concessions and state assets, Dnevnik said. Government experts have suggested that the existing concession contracts are extened until the end of 2008, when new concession tenders would be held. According to Dnevnik, a number of the beaches in the resorts of Albena, St. Konstantin and Elena, Elenite and Zlatni Pyasutsi (Golden Sands) would be left with no lifeguard services, which are provided by the concession... more

Prices For Industrial Property In Bulgaria Among Europes Fastest Growing Study 18/03/2008
Sofia’s industrial and logistic areas posted a nine per cent mark-up year-on-year in rental prices, which places Bulgarian capital among Europe’s 10 cities with fastest price growth, a recent survey by Cushman&Wakefield (C&W) international property consultants showed. The ongoing lack of supply continues to constrain the market, although take-up levels did rise over the course of 2007. Demand from both domestic and international companies is focused on Sofia and surrounding area, which have superior transport links. However, Plovdiv, the main traditional industrial area, is also growing in popularity. Owner occupation is high due to the lack of modern stock, but developers are now beginning to build speculatively. Currently, Bulgaria’s average annual rentals for industrial space stand... more