A Building Plot Near Strandzha National Park - ID 1725

Real Estate Prices In Bulgaria’s Capital 18/03/2008
In their new residential market overview, commercial real estate consultants Colliers Partners Bulgaria said on October 17 that there had been an increase in average asking sales price in some Sofia areas of about 20 per cent in the first half of 2007. Average selling prices in emerging neighbourhoods in Sofia were approaching 1000 euro a sq m, according to the company’s latest research. Meanwhile, established areas in Sofia such as Doctors’ Garden between Shipka and Oborishte streets, Ivan Vazov and Lozenets districts saw solid double digit growth levels in the first half of 2007 with an increase in average asking sales prices of 19, 11 and 19 per cent, respectively. After a decrease in the second half of 2006, Doctors’ Garden compensated in 2007 and is now just below 2000 euro a sq... more

Velingrad Attracts Investors Interest 02/04/2008
Land and residential space in Velingrad, in south-western Bulgaria, almost doubled their values for a year, prompted by growing interest from developers, Stroitelstvo Gradut (Construction and the City) weekly reported. The turn of 2008 saw a surge of investor interest to spa tourism in Velingrad area. There was a significant interest in buying rural and forestry land with the purpose to invest in apartment complexes and hotels, the weekly said. Currently, agricultural land in the region trades at 15 euro a sq m on average, in certain cases reaching as much as 120 euro a sq m, which is a remarkable rise on previous year – in January 2007 farming land was offered at 15 leva a sq m.   The town master plan is currently being amended. It envisions a future growth of the urban area in the... more