Wonderful House Near A River On The Way To Elhovo - ID 2842

Eurobank Properties Agrees To Acquire Building In Bulgaria For 90.8 08/09/2008
ATHENS (Thomson Financial) - Greek real estate company Eurobank Properties REIC said that it has entered into an agreement to acquire a Bulgarian joint stock company for 90.8 million euros which is building a property that will be completed by no later than October 2011.The company said that upon completion, the building situated in the capital of Sofia will have a gross area of about 31,530 square meters and 370 parking spaces.Arcon Construction, a Bulgarian company, is required to construct the building in compliance with agreed technical specification and deliver the property no later than October 2011.Eurobank Properties underlined that there is already a preliminary lease agreement for the lease of the building's total area by Eurobank EFG Bulgaria AD.The Greek company added that... more

Holiday Home Owners 'take Multiple Holidays' 14/07/2008
Second home owners tend to take relatively short breaks overseas, according to a new study. Research by Foreign Currency Direct found that on average, people with a holiday home visit their property five times a year instead of taking a single two-week break. Figures also showed that nearly one in ten stay in their alternative residence about once a month, reports Travel Weekly. Commenting on the findings, chief executive Peter Ellis said this could help account for the dropping popularity of traditional package holidays. He observed: "We're increasingly money-rich, time-poor, so there has been significant growth in demand for short breaks rather than 7/14 holidays." The study also found that one in five holiday home owners let friends and relatives use their property without... more