Cheap Plot of land near Elhovo - ID 1572

400 Million Euro Investment In Mixed Complex Near Bulgarias Capital 12/03/2008
Gardens Group company plans to invest in a large-scale project of mixed type near Sofia's village of Lozen. The investment would total 400 million euro, investor. bg reported. The name of the complex would be Garden City and it would cover 600 000 sq m. The complex would include nearly 200 apartments, 240 houses, trade centres, office buildings, a sports centre, a school and a kindergarden. The project is expected to be completed by 2012. More than 100 000 sq m of the terrain would be covered with green areas. The sales price of Garden City is expected to reach 500 to 600 million euro. Gardens Group started construction of its Bistritsa Gardens residential complex on September 20. The new complex at walking distance from the centre of the village of Bistritsa. It would... more

Eight Reasons For Bulgarian Property Depreciation 14/03/2008
Bulgarian property prices posted remarkable growth in recent years, propelled by a number of factors. The main driver of the boom has been the country’s accession to the European Union (EU). This drew a considerable amount of speculative capital, according to a recent analysis in profit.bg. Prices of Bulgarian real estate were significantly lower than the EU average and investors predicted, accurately, that Bulgaria’s development would emulate the examples of Poland, Czech Republic, Lithuania, Latvia and Estonia. The last three years saw a sharp rise of prices - in 2007 alone prices increased by 34 per cent, propelling the country to the top of world rankings in terms of price growth. However, the market cannot move inexorably in one direction. Usually a downturn follows a steep... more