House for sale near Veliko Turnovo - ID 3766

High Prices And High Expectations 17/04/2008
The high prices of land mixed with high expectations of local entrepreneurs were the main problems of  Bulgaria's residential property market. Pablo Rodrнguez-Losada general manager of Spanish developer Martinsa-Fadesa said on April 16 2008 as quoted by Dnevnik daily. He attended the second regional conference Balkan Real Estate Conference (BalREc) held in Sofia on April 15/16 2008. “The only way to beat this is to have clear and accurate information provided by municipalities about the legal state of the land” he said. Bulgaria had to avoid Spanish experience where entrepreneurs worked based on their own expectations rather than on the reality of the market. According to Rosen Plevnaliev general manager of Lindner Bulgaria the unreasonably high prices of land and the lack of... more

Mega Ski Projects In Bulgarias Samokov And Panichishte To Begin 12/03/2008
At least two new ski centre projects will be launched very soon on Rila Mountain, Bulgaria's highest peak. The main investor in the new resort Panichishte-Ezerata-Kaboul is Rila Sport, Capital weekly reported. Investment company Fairplay also announced its intentions to invest 50 million euro in the same project. A Russian company intends to build 30 houses in the same region. Rila sport managing director Slaveiko Staikov said that the project envisions the construction of lifts and ski runs. All hotel bases will be located outside the boundaries of Rila national park. The region currently has nearly ten hotels with total 1 100 beds. The number of beds is expected to reach five to eight thousand. The general zoning plan approval for the resort was delayed more than... more