Regulated Land In A Nice Village Near Bourgas - ID 3250

Investors Cash In On Bulgarian Land 17/07/2008
Property investors attention is being drawn towards new investment opportunities in both agricultural and development land in Bulgaria.The variety of investment schemes on the market which offer buyers lower risk, less involvement and most of all greater profitability, are attracting investors who are questioning whether they should trade in buy-to-let and commercial properties in favour of agricultural land in Bulgaria.Until recently, agricultural land has remained very much on the sidelines of the Bulgarian real estate market, eclipsed by the price hysteria that has seized Bulgaria's big cities and holiday resorts. However, in the last few months, the price of these plots of land suddenly rose by 40%. "Both private and institutional investors are realising that whilst the present... more

City Development Acquires Properties Worth 193 000 Euro In Sofia 14/03/2008
Bulgarian real estate investment trust City Development REIT said it agreed to buy several properties in Sofia for 193 000 euro, with a view to subsequent sale, the company said in a filing with Bulgarian Stock Exchange (BSE). The company bought two garages, a fitness hall and a shop, which it hoped to sell for a combined profit of 87 000 euro. The garages were purchased at 11 989 euro and 13 186 euro and the minimum sale price of the first one is stipulated at 15 144 euro. The second one will be sold for no less than 16 656 euro. The purchase price of the fitness hall is 89 338 euro and the sale price is set at no less than 132 065 euro. The shop is acquired at 78 373 euro and will be sold at 115 855 euro in the least. All developments were owned by construction company Emil Vutkov... more