Well preserved House In A Peaceful Village - ID 2618

New Military Town To Rise In Varna 21/11/2008
The Defence Ministry has gone ahead with the documentation regarding the building of a military town in the Vladislav Varnenchik district in Varna. The town is supposed to be able to accommodate over 80 per cent of the military personnel in Varna and all other military installations in the surrounding region, weekly Stroitelstvo Gradut reported.The project will boast over 1720 flats in eight massive buildings. Each building will have seven separate entrances and will stand six stories tall. The attics of all buildings will also be designed in way so that they can be used for living space, if necessary. Each building will also have its own underground parking lot two stories deep. The built-up area of the building site will be 213 338 sq m, with the real living space being 129 378 sq m.... more

Russians Once Again On The Bulgarian Real Estate Market 11/09/2008
90% of the buyers of vacation properties in Bulgaria are Russians. This was announced today in Sozopol by Nikolay Pehlivanov, the executive director of the investment company Green Life.Clients of Bulgarian property no longer come from Moscow and Saint Petersburg, but from other regions in Russia as well. They prefer big vacation properties near the beach with a well developed infrastructure.The weak tourist season influenced the Bulgarian vacation real estate market in Bulgaria negatively. The levels of return this year are between 3 and 5% when the expected was 10% and the realized is 7% in the previous year, representatives of Green Life claim.The English-speaking clients retreated from the market because of their inability to pay their credits and the financial crisis in Great... more