Regulated Land On The Seaside - ID 2237

Mortgaged Property Market In Bulgaria Fails Developing 13/03/2008
The market of mortgaged residential and commercial property in 2007 experienced a slight decrease as compared to sales figures for 2006. The most frequent reason for the sale of mortgaged properties is the inability of owners to pay their monthly installments, investor.bg reported. Only 30 mortgaged properties are currently offered on the market in Sofia and their number in the past six months remains unchanged. Sufficient demand for mortgaged property was registered in the coastal cities of Bourgas and Varna in the middle of 2006. Such offers are missing in 2007. The largest number of mortgaged properties offered on the market in smaller Bulgarian towns was registered in Pleven. Nearly 10 two and three-bedroom apartments are currently offered in Pleven. The number of... more

Germany To Boost Its Presence On Bulgarian Construction Market 14/03/2008
German construction firms should focus on the Romanian and Bulgarian building markets, said Helmut Echterhoff, vice-president of the German Construction Industry HDB (Hauptverbandes der Deutschen Bauindustrie) at the 13th International trade fair for building and construction Bautec 2008, held in Berlin. The two new EU members offer good perspectives for 20 to 30 per cent annual growth, particularly creating  excellent entrepreneurial opportunities for medium-sized construction companies, said Echterhoff at the second CEEC (Central and East European countries) enterprise conference, which was held during Bautec 2008 under the aegis of the German Minister of Economics and Technologies Michael Gloss and was organised by the economics and technologies ministry and the Central Union of... more