Solid House In The Mountains - ID 1442

Migration And High Demand Cause Property Price Increase In Bulgaria 13/03/2008
High demand and migration processes resulted in a 12.5 per cent increase in the price of real estate in Sofia in 2006 Katya Tsenova, executive director of Address real estate agency said. Prices increased the most in the residential districts of Mladost, Lyulin, Geo Milev, Redouta, Druzhba and the city centre, Focus news agency said. Property in the coastal city of Bourgas registered the lowest increase in 2006 prices, 7.42 per cent, while the increase in Varna was 10.33 per cent. Focus reported that nearly one billion sq m of agricultural land were sold in 2006. Only 600 million sq m of such land were sold in 2005. Property deals involving Russian citizens doubled in 2006. Russians preferred mainly closed-type property complexes with luxurious lodgings on the Black Sea... more

57 Construction Units At The Seaside Will Be Demolished 14/03/2008
Bulgaria's Directorate for National Construction Supervision (DNCS), which started inspecting the legality of completed and ongoing construction along the Black Sea coastline on February 25, has already issued orders for the demolition of 57 units. Twenty five of them are on the north coastline and 32  are along the southern coast, 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 erecting illegal constructions on the beaches were obliged  to voluntarily demolish them within a month of the law coming into effect. If they failed to do so, DNCS would order the demolition of the buildings. Two inspecting expert panels from the DNCS will be checking construction... more