Wonderful Village Property Near Yambol - ID 3269

Q4 2007 Construction Permits Number Down 14/03/2008
Bulgarian authorities have issued 4637 construction permits in the last quarter of 2007, a decrease of 4.9 per cent decrease over the previous three months and two percent lower than in the same period of 2006, data from the National Statistical Institute data showed. Residential developments continued to account for the largest share of the total, with 2884 permits granted for total area of area of 2.4 million sq m, compared to 3110 permits for 2.1 million sq m in the previous quarter. The number of permits for administrative buildings went up to 145 from 114. Bourgas region received the largest number of permits for a second quarter running, showing also a strong rise to 875 permits from 635 in July-September. Varna saw the number of permits drop from 568 to 516, a trend that was... more

Beach Concessions Up For Dispute 02/04/2008
Amendments to the law on beach concessions envisage Regional Development and Public Works Minister Assen Gagaouzov deciding which 100 coastal beaches would be given on concession or rented out. Not all 100 beaches on Bulgaria's Black Sea coast were given on concession, Dnevnik daily said. Most of them (60) were located in the Bourgas region. Parliament would vote on the amendments within a month. If amendments are late, the state could proclaim part of these beaches deserted or the concession tenders for the beaches in the resorts of St. Konstantin and Elena, Albena and Zlatni Pyasutsi (Golden Sands) may be delayed. The concessions' contracts on these beaches expire at the end of 2008. The concession procedure usually takes nearly 300 days, but the legal amendments would... more