Nice House Close To Sea - ID 1744

Bld Fund Buys Another Plot Near Sofia For Residential Complex 26/03/2008
Bulgarian Land Development (BLD) investment fund acquired another 46 673 sq m plot of agricultural land near Sofia for 500 000 euro, although its exact location was not revealed, investor.bg reported on March 25. The plot is located in an area with good potential for the development of a residential compound in Sofia’s suburban areas. BLD wants to consolidating several stretches of agricultural land in the area to a total of about 250 000 sq m. Once the fund has acquired all the necessary land, it plans to change its purpose into plots for residential construction. BLD representatives consider the project very attractive to both holiday property buyers and Sofia residents, because of its enticing location – only a 45-minute car drive from Sofia, the complex will combine the benefits... more

British Investors Flee Bulgarian Winter Resorts 10/03/2008
Unlike other real estate sectors, where location, construction quality and infrastructure dictate the market, in Bulgarian mountain resorts the client is the crucial price-formation factor. Currently, around 90 per cent of winter holiday property buyers in Bulgaria are foreign. Just two years ago British and Irish investors formed the core of mountain holiday properties buyers, responsible for an 80 per cent market share. Bulgarians contributed  only a few per cent. Last year this pattern was reversed: 70-80 per cent were Russian, Czech, Hungarian, Polish, Romanian and Bulgarian investors and only 20 per cent were British and Irish, according to the Bulgarian-language monthly magazine Imotut koito tursite (The property you seek). Green Life real estate company released a report... more