Small Plot Of Land Very Close To Sofia - ID 3012

Bulgarias Commercial Property Market To See Saturation 11/03/2008
The Bulgarian commercial property market is expected to face over-saturation in an average-term period, according to prognosis made by Absolute Capital Management (ACM) investment fund manager Robert Provine. The fund raised 100 million euro a year ago. It planned to invest in Central and Eastern Europe with a focus on Bulgaria and Romania. Despite its intentions, it has no project in Bulgaria yet, investor.bg reported. Provine said that the company preferred to concentrate its efforts on Romania and Ukraine for now. The large number of commercial property projects in Bulgaria made ACM managers conclude that the segment would soon reach saturation. The same predictions were recently made by consultancy company Colliers. The Bulgarian and Romanian commercial property... more

Sozopol Sets Sights For The Rich And Famous 21/10/2008
The municipality of Sozopol, a Bulgarian Black Sea resort town, has implemented a construction plan, which aims to attract the rich and famous. Affluent tourists will be teased with the creation of a small airport for private aircraft, with a runway spanning 1.8km between the Ravna Gora and Izvor villages, Bulgarian construction news website stroitelstvo.bg reported. Sozopol chief architect Roumen Alexandrov and the mayor of the town Panayot Reizi have unveiled the plans which also include a 30ha recreational park near Gradina Camping.In addition, a new port and three golf courses will be built. The municipality owns the land that one of the golf courses will be built on, and the other courses will be on land currently used for farming.The local authorities want to create a new image... more