House Near Karnobat - ID 3706

Illegal Construction In Irakliemine Stopped 10/03/2008
Construction at the resort complex Riverside Village in Irakli-Emine, which sofiaecho reported on January 29 was under way despite the fact that the area was a Natura 2000 protected area, has been stopped by the regional inspectorate for environment protection and waters (RIEPW) in Bourgas. The tip-off for the illegal construction of investor Swiss Properties came from civil group Save Irakly, dir.bg said. According to RIEPW, the construction permission which had been granted, was in violation of the law, Burgasinfo.com said. The construction permission had been issued by the Nessebar municipality on September 20 2007, but a compatibility assessment permit had not been issued, propertywisebulgaria.com said. The Bourgas municipality will be fined for this omission. In August... more

Bulgaria And Romania To Mark Highest European Growth In Retail Property Report 12/03/2008
Bulgaria and Romania would register the highest growth in newly build retail property by the end of 2007, a real estate company Cushman & Wakefield report said. The retail property growth would reach 150 per cent by 2007, the report said as quoted by the Romanian English language daily Nine O'clock. Trade centres covering a total area of 98 000 sq m will be built in Bulgaria by the end of 2007. Once Romania enters the European Union, it will become the second biggest retail property market in Central and Eastern Europe after Poland. Romania plans to construct trade centres of total area of 560 000 sq m. The countries from Central and Eastern Europe would register the highest growth in retail property supply, the report said. more