House near forest - ID 2896

House Price Increase In Bulgaria Highest For Europe, Second Worldwide 30/04/2008
According to data published by Globalpropertyguide.com, house price increases in Europe over the past year ending in Q4 of 2007, were highest in Bulgaria. Bulgarian houses increased by 34.61 per cent, closely followed by Poland with a 33 per cent increase. House prices in Estonia increased by 23.38 per cent. Prices in Sweden, Lithuania, Cyprus and Estonia increased by between 11 and 19 per cent. Increases in other European countries were in the single digit range, with Portugal, Latvia and Ireland reporting house price decreases. According to investor.bg, only Shanghai reported a higher house price increase, at 35.4 per cent. The housing market in East Europe was showing signs of a slowdown, partially because of an end to the buy-to-let boom, but more so because of price increases,... more

Varna Municipality Allocates 17.5ha For Container Terminal 09/04/2008
Varna municipality has earmarked 17.5ha for a new container terminal, weekly Stroitelstvo Gradut reported on April 7. The land lot, located on the northern coast of Varna lake, will be handed over once the Government and the municipality sign a memorandum for the re-development of the entire area. It includes the re-location of Varna port to the western side of the lake, as well as the construction of a recreational zone on the current grounds of the port. The Cabinet is set to review the memorandum in mid-April, Bulgarian Transport Minister Petar Moutafchiev said, quoted by the weekly. He added that he discussed the project last week with Varna mayor Kiril Yordanov and the chair of Varna municipal council Borislav Goutsanov. Total costs are estimated at 500 million euro and the... more