House for sale near Veliko Turnovo - ID 2964

Bulgaria Offers Good Value Report 14/03/2008
People who want to enjoy reduced living costs could find Bulgaria a suitable place to live, international property portal propertyshowrooms.com reported. The cost of food and drink in places such as Sofia is much less than in many other European countries, it said, quoting a Teletext Holidays tourism company research. Low cost of living would be of interest to anyone who planned to buy property in Bulgaria, suggesting that the location offered good value for money. "People are becoming more adventurous when it comes to booking a trip abroad.", Ash Makkar, spokesperson for Teletext Holidays, said, as quoted by propertyshowrooms.com. But Bulgaria, an European Union member since 2007, was also reported to have the largest rate of house price inflation in the world, according to a... more

Sofia Municipal Housing Prices To Be Hiked 10/03/2008
Sale prices of municipal apartments in Sofia will rise by two to 2.5 times, depending on their location, according to the amended ordinance on prices of municipal residential property, adopted by Sofia municipal council on February 28. Rents of municipal dwellings will rise by 30 per cent, the city hall secretary Rossen Zhelyazkov told reporters, as quoted by Bulgarian news agency (BTA). Compensations for property swaps, when the municipality takes over private property for the needs of its projects and exchanges it with another property plus compensation, will vary between 30-40 per cent of the value of the total built-up area, depending on the property’s location, Zhelyazkov said. more