Rural Property Not Far From Yambol Town - ID 2781

Bulgaria's Property Market Could Go Either Way 09/06/2008
In Spain you have properties that are being slashed in price, in the UK you have a real estate market that is stagnating, in Northern Cyprus you have a market that has stagnated for so long that it is actually doing quite well thanks to its genuine bargain status, and then you have Bulgaria’s property market that could go either way – i.e., up or down. There are robust fundamentals supporting a residential and commercial property market that bode well for long-term strength in Bulgaria – but there are also some serious and significant flaws in Bulgaria’s property market that could undermine it catastrophically and for the long-term.  Here’s what we think… Bulgaria has a good little tourism industry.  It is built on a number of positive factors – the nation is easily and affordably... more

30m Euro Openair Mall Planned For Bourgas 11/11/2008
Developer ZBS plans to begin construction on the first open-air mall in Bulgaria in March 2009, website investor.bg reported on November 10. The investment in the new shopping centre is estimated at 30 million euro.The Strand mall would be built on a six ha plot near the highway to Sofia, next to a Baumax hypermarket, currently under construction. The open-areas will be built like pedestrian streets and will be covered in bad weather.Initially planned to open in the summer of 2009, according to ZBS' website, the mall is now scheduled to begin operations in 2010, investor.bg reported.Designed by British architecture and interior design firm GMW, The Strand's retail areas will total 30 000 sq m, with another 8000 sq m of pedestrian walkways and 26 000 sq m of parking space.ZBS expects to... more