Cosy little house near Elhovo - ID 3298

Grandiose Golf Resort Project In Banya Starts Within A Month 14/03/2008
Banya Golf and SPA Resort Jsc (BGSR), controlled by Bulgaria’s energy tycoon Hristo Kovachki, has recently deposited its full contribution due to the joint enterprise with Karlovo municipality, which will realise Banya golf resort project, Nikolai Petkov, chairman of Karlovo municipal council, said, as quoted by expert.bg. This means that construction of the ambitious enterprise, which would comprise golf courses and vacation villages, can start within a month. Kovachki’s private company was chosen among others to develop the project because its bid was the highest, promising a 60 million euro investment. However, until recently, it had paid only 3.5 million leva of the promised 14.8 million leva in the capital of the joint venture partnership, Sporten Complex Jsc, in which Karlovo... more

Malls In Bulgarias Capital To Affect Property Market 07/03/2008
The latest property market tendencies in Bulgaria show the demand for stores on the capital's main boulevards is growing. Because of the high demand and scarce supply, monthly rents on Sofia's Vitosha Boulevard reached 110 euro a sq m, Capital newspaper said. The situation was about to change with the opening of the three shopping malls in the capital, experts predicted. Many brands may like to open a second store in the shopping centres. Others might even transfer their old stores to the malls because of the lower rents, from 30 to 60 euro a sq m a month, Capital said. City Centre Sofia, near the Hemus Hotel, will be the first one to open, some time in mid-May. Most of the shopping centre's 20 000 sq m have already been rented. Mall of Sofia will open by the end of... more