Big plot of regulated land - ID 3218

Property Market In Bulgarias Danube Region Static 26/08/2008
Fewer property deals have been finalised in the Danube cities of Rousse, Vidin and Silistra since the beginning of the year, according to local real estate agencies, as quoted by website investor.bg.Supply exceeding demand, unfavourable credit terms and overpriced offers are among the factors responsible for the stagnant market, according to agencies.In Vidin, real estate prices have increased by between 10 and 15 per cent and the average price of residential property is 500 euro a sq m. According to the local agency Erastroi, the most desirable properties are three and four-bedroom apartments sized 80-120 sq m.Previous reports had indicated that prices in Rousse have seen considerable hikes. However, in Rousse supply is also greater than demand. Prices vary between 900 and 1100 sq m... more

Bulgarian Authorities Begin Illegal Construction Inspections 14/03/2008
Bulgaria's Directorate for National Construction Supervision (DNCS) started inspecting the legality of completed and ongoing construction along the Black Sea coastline on February 25, the institution announced on its website. Аccording to the Spatial Planning of the Bulgarian Black Sea Coastline Act, which entered into force on January 1 2008, all entities that have erected illegal constructions on the beaches are under the obligation to voluntarily demolish them within a month of the law going into effect. If they failed to do so, DNCS would order the buildings demolished. Two inspecting expert panels from the DNCS will be checking construction along the northern and the southern coastline until March 7. All violations of Bulgaria’s existing regulations on regional development... more