Cheap Plot Of Land - ID 1573

Bulgarian Real Estate Firms Attend Kuwait Property Show 15/04/2008
Big number of Bulgarian real estate companies will take part in International Property Fair in Kuwait that starts on Monday, April 14. Bulgaria seeks for investors from Kuwait and has interest to increase the economy and trade relations with the Persian Gulf country, stated on a press conference Bulgaria's Ambassador to Bahrain Ilko Shivachev. He marked the advantages of the property investments, pointing out that Kuwaiti businessman want to enter such perspective markets as the Bulgarian. Bulgaria is different from the other states, because the procedure price is the lowest compared to any other EU state - member, and the Government presents full support to the investors in real estates, tourism and industry. Shivachev also pointed out that foreigners in Bulgaria have right of... more

Consultancy Firm Hints At Litigation With Lewis Charles Sofia Property Fund 31/03/2008
On March 27, UK-based real estate consultancy Emerging Markets Understood Ltd (EMU) has hinted it would take Lewis Charles Sofia Property Fund (LCSPF) to court over missed payments and loss of profits after the relationship between the two parties broke down over a Bulgarian project. In April 2007, EMU was assigned to sell approximately 450 apartments in the Vitosha and Krustova Vada districts of Sofia by LCSPF chairman, Lord Philip Howard of Penrith, EMU said in a statement on its website. EMU were required to deal directly with BuySell, the building company charged with the construction and delivery of the project, which turned out very poor and with over-stated building costs, EMU managing director Simon Feek claimed. BuySell also provided EMU with no building specifications and... more