House for sale near Vratza - ID 3844

Lewis Charles Fund Invests 45m Euro In Sofia Property Developments 10/03/2008
Lewis Charles Sofia Property Fund, an investment company focused on the Bulgarian residential property market, has a pipeline of eight residential schemes in Sofia with a combined price tag of more than 45 million euro, the company said in a statement. The fund's property portfolio has a total build area of 567 590 sq m and currently has a valuation of 83 852 536 euro. In the Bulgarian capital, the fund is developing gated communities in the Vitosha, Simeonovo and Krastova Vada boroughs. The first project was completed in 2007 while the other five are expected to be completed during 2009. One of these projects is still at the foundation stage. The build area for the six projects totals 95,382 sq m. The fund also owns a further 13 170 sq m of land in the Sofia borough of... more

Construction Of Bulgarias Borovets New Lift Begins 12/03/2008
Construction of the first gondola lift above the town of Samokov will begin in October 2007. The construction is part of the Super Borovets project and will continue 12 months, Monitor daily reported. The capacity of the new facility will be 2500 people an hour and its speed will be six metres a second. Borovets’s new lift will reach the Markudjitsi ski runs and its route will be 9.2km long. Simeon Peshov, president of Glavbulgarstroy, which is Super Borovets’s main investor, said that negotiations with the French Poma and the Austrian Doppelmayer were held for the construction of the lift. Samokov mayor Angel Nikolov said that the groundbreaking for the lift was scheduled for October 8 2007. Construction of ski runs will follow the lift's construction. more