Land On The Seaside - ID 1922

Commercial Property Market In Bulgaria To Grow By 300 Per Cent 11/03/2008
The commercial property market in Bulgaria is expected to grow by 300 per cent in the next three to five years, Colliers Bulgaria real estate agency head Atanas Garov said. Garov took part in a conference linked to the upcoming Balkan Property exhibition (BalPex), investor.bg reported. All sectors of the property market had been developing dynamically and investment was expected to increase in the next years, Garov said. Office property market growth was expected to double in the next three years. BulPex will take place between May 17 and 19. Its main goal is to present various points of view of investors’ representatives on the property market on the Balkans. International companies Engel East Europe, Pinnacle, Development Capital Management, DTZ and the European Bank for... more

Avoid Investing In Bulgaria Uk Consultants 10/03/2008
UK consultancy company TRI Investments warned potential real estate investors to avoid investing in European resorts such as those in Bulgaria, France and Italy. The warning came after companies’ shares fell on the real estate stock exchange in Madrid, citywire.co.uk said, as quoted investor.bg. TRI Investments managing director Chris Finch said that his company was initially enthusiastic about opportunities for investment in Bulgaria but afterwards found out that there was excessive construction along the Bulgarian Black sea coast. The same had happened in Spain, Finch said. Property tax valuation in Spanish resorts had been too high for years. TRI said that other European destinations could also face drops in their property markets because of a combination of high inflation,... more