Small Villa In Good Condition - ID 2713

Bulgarias Property Market Reaching Saturation Point Report 13/03/2008
Bulgaria’s real estate market would soon reach its saturation point, while Romania still had options to develop, The Diplomat Bucharest reported. Some areas in Bulgaria are already over-developed, agents said. Coastal resorts like Sunny Beach experienced over-construction, which in turn affected the plans of investors. Coastal areas in Bulgaria and Romania, as well as the region surrounding the capital cities offer the best opportunities for property investors. The report, however, said that in Romania the costs are higher. Bulgaria still features as a more attractive purchase destination but profits in Romania are higher, agents said. Apart from the residential sector, other property segments in the two countries are developing. The office markets in both countries saw some... more

Large Spa Complex To Be Built In Bulgarias Varshets 12/03/2008
The Bulgarian town of Varshets will boast a large spa and balneology complex, to be completed by August 2009. The complex will cover 5000 sq m with a total built-up area of nearly 15 000 sq m, Pari daily reported. The plan envisions a five-star hotel and a holiday apartment complex. It will also have entertainment attractions, a multi-functional congress centre and various business facilities. The region of Varshets is attractive in terms of location and nature, Stascommerce Invest head Dragomir Gatev said. Varshets is in northwestern Bulgaria and is famous for its healing mineral springs. more