Building Plot Only 8 Km From The Seaside - ID 1614

Housing In Bulgaria Costs 30 Annual Salaries 12/03/2008
Almost 30 average Bulgarian annual salaries are needed to buy an apartment in Bulgaria. This made Bulgaria one of the most expensive countries in the European Union to buy a house, Dnevnik daily said. Denmark was the cheapest with only 5.3 average annual salaries. Real estate website Properazzi made the calculations for Bulgaria based on an annual income of 1884 euro (almost 3800 leva) and an average apartment price of 54 570 euro, the newspaper said. Britons who complained houses were expensive in the UK and who had been attracted by prices in Bulgaria only needed nine average annual salaries to buy a home in the UK. Properazzi representative Yanik Laklo said that “media reported that Britons could barely afford to buy any real estate, but data showed something... more

Austrian Investors To Construct 250 Million Leva Mall In Bulgarias Capital 12/03/2008
Shopping City West Ltd, a daughter company of Austrian companies Real Finanz, Real Consult and Real Finanz East, and Bulgarian Silvana Forest, will invest 250 million euro in the construction of a mall in the western part of Sofia. The complex would be called Eurogate and would receive a first class investment certificate, investor.bg reported. The project would include the construction of offices and shopping areas, Invest Bulgaria Agency said. The mall would cover an area of 1.3 million sq m and be situated near the E80 highway connecting Sofia and Belgrade. Trade and office centres would surround the complex, the centre of which would be covered by parks with trees, fountains and small buildings. The complex would have its own subway station, investors said. The first... more