House for sale near Varna - ID 3922

Real Estate Projects In Bulgaria Presented During International Expo 11/03/2008
Bulgaria will take part in the largest real estate exhibition SIMA starting May 29 in Madrid. Investors and real estate agencies will participate with projects worth over 400 million euro, Pari daily reported. Projects for two holiday villages feature among the largest developments to be presented at the expo. The first one is named Topola Village Resort, the construction of which will start in the summer of 2007. It will be located near the coastal towns of Kavarna and Balchik. The project envisions the construction of 500 luxurious family houses, hotels, sports facilities and the setting up of 75 000 sq m of alleys and streets. Costa del Croco holiday resort project features the construction of 900 apartments near Tsarevo. The complex will include a hotel, a casino, a... more

Bulgarias Commercial Property Market To See Saturation 11/03/2008
The Bulgarian commercial property market is expected to face over-saturation in an average-term period, according to prognosis made by Absolute Capital Management (ACM) investment fund manager Robert Provine. The fund raised 100 million euro a year ago. It planned to invest in Central and Eastern Europe with a focus on Bulgaria and Romania. Despite its intentions, it has no project in Bulgaria yet, investor.bg reported. Provine said that the company preferred to concentrate its efforts on Romania and Ukraine for now. The large number of commercial property projects in Bulgaria made ACM managers conclude that the segment would soon reach saturation. The same predictions were recently made by consultancy company Colliers. The Bulgarian and Romanian commercial property... more