A Solid House In The Countryside - ID 1566

More Brits Look For Property In Bulgaria 22/03/2008
Though the UK property market continues to show signs of recovery, investors seem to be keener than ever to look further afield, with Bulgaria the country of choice for those looking for something a little different. For people looking to invest in residential property, Bulgaria currently offers a number of popular regions and house prices remain extraordinarily low. It is a fact that has drawn many to the country looking for a second home purely for holiday purposes, but it has also attracted part-time and professional investors looking for capital appreciation in the coming years. EU accession is the big issue here, as it will undoubtedly instigate a rise in house prices in line with a strengthening economy and better relations with a number of other European countries. Most experts... more

Parkridge Ready To Build 30m Euro Veliko Turnovo Mall 21/04/2008
Commercial property developer Parkridge wants to build the second mall in the town of Veliko Turnovo and has already held talks with mayor Roumen Rashev on the issue, Dnevnik daily reported on April 21. Parkridge is ready to invest 30 million leva in a multi-purpose commercial project, which would spread on a plot of around 1.5ha, Rashev said, as quoted by Dnevnik. In February, Parkridge founder and chief executive John Cutts was quoted saying that the developer would continue expanding in Eastern Europe, most notably in Bulgaria and Ukraine. In Romania and Russia, the firm would develop industrial areas, he said at the time. Parkridge is already firmly entrenched on one Eastern European market, namely Poland, where it has eight retail projects in the works or completed.... more