House Near Sozopol - ID 3713

Bulgaria Offers Good Value 12/03/2008
People who want to enjoy reduced living costs could find Bulgaria a suitable place to live, new research has revealed. According to Teletext Holidays, the cost of food and drink in places such as Sofia is much less than in many other European countries. For example, a pint of beer in Bulgaria was said to cost an average of 49p, compared with ВЈ1.56 in Spain. In addition, the study found that a three-course meal in Spain costs ВЈ17.50, which is more than the double the amount it would cost in Bulgaria. The figures could be of interest to people who are planning to buy a property in Bulgaria, as they suggest it offers good value for money. Ash Makkar, spokesperson for Teletext Holidays, commented: "People are becoming more adventurous when it comes to booking a trip abroad."... more

Fairplay Properties Reit Distributes 8m Leva As Dividend 28/03/2008
At their annual meeting on 25 March, the shareholders of FairPlay Properties Real Estate Investment Trust (REIT) decided to distribute eight million leva of the company’s profit for 2007 as dividend, the company said in a statement. The general meeting also elected a new board of directors with members Manyu Moravenov, Ivailo Panov and Svetoslav Soltariev. The REIT has invested 96 million leva (excluding value-added tax) by December 31 2007 and has concluded sales contracts to the value of 34.5 million leva in 2007, according to the company’s annual report. The fund reported a profit of 11.13 million leva in 2007 and its sales revenues stood at 43.3 million leva (VAT excluded). FairPlay Properties’ executives forecast that the company’s revenue in 2008 will total 42.46 million leva,... more