Land for sale near Pomorie - ID 3716

Shopping Mall Construction In Bulgaria More Than Doubles In First Half Of 2007 11/03/2008
The gross leasable area of shopping malls under construction in Bulgaria has doubled in the first half of 2007 to 201 000 square metres, real estate consultants Colliers International said on August 8. Retail is the most dynamic commercial real estate sector in Bulgaria. Six malls currently operating in Bulgaria have a gross leasable area totalling 105 500 sq m. Three of them are located in the capital of Bulgaria, Sofia. Over the past year, many foreign and domestic investors have announced plans to build more malls in Bulgaria, according to See News. The investors count on the growth of the Bulgarian GDP, which increased by over 6.0 per cent in each of the past three years. Varna, the third largest Bulgarian city, "is shaping up as a very competitive market with five projects... more

Illegal Constructions In Bulgarias Iskur Dam Region To Be Torn Down 10/03/2008
The Directorate for National Construction Control (DNCC) issued 18 orders for the removal of illegal constructions in the Iskur Dam region. Once these orders are enforced, owners will be asked to tear down the building voluntarily, DNCC representative Krasimir Petkov said. In March DNCC issued nine orders and nine more were issued in May, so that their total number reached 18. Five of the buildings are grouped together to form a vacation village. Sofia municipality is inspecting all of the constructions in the region and will decide which of the buildings are illegal in the near future. In case more illegal constructions are found, DNCC will issue further orders, Petkov said. more