Rural Property South of Yambol - ID 2789

The Bulgarian Property Market Receiving More Good Press This Week. 19/03/2008
Writing for the Telegraph, Nicola Venning also pointed out that property investors can find surprisingly good deals in Spain, where Europe's most southerly ski resort can be found in the Sierra Nevada. The idea of buying a ski property in Spain may seem incongruous and many investors will understandably stick to more recognised property investment locations including the Costa del Sol and Murcia. Nonetheless, there has been a distinct shift of emphasis in recent years that has seen more people looking for niche properties in line with popular demand. While Spanish coastal resorts remain popular and UK residents have certainly not abandoned more orthodox projects in France, it is clear there is also a growing market for the slightly less predictable option. It is this impulse... more

Consultancy Firm Hints At Litigation With Lewis Charles Sofia Property Fund 31/03/2008
On March 27, UK-based real estate consultancy Emerging Markets Understood Ltd (EMU) has hinted it would take Lewis Charles Sofia Property Fund (LCSPF) to court over missed payments and loss of profits after the relationship between the two parties broke down over a Bulgarian project. In April 2007, EMU was assigned to sell approximately 450 apartments in the Vitosha and Krustova Vada districts of Sofia by LCSPF chairman, Lord Philip Howard of Penrith, EMU said in a statement on its website. EMU were required to deal directly with BuySell, the building company charged with the construction and delivery of the project, which turned out very poor and with over-stated building costs, EMU managing director Simon Feek claimed. BuySell also provided EMU with no building specifications and... more