Traditional House with 3000 sq m garden - ID 3618

Secure Residential Complexes In Bulgaria Gain Popularity 12/03/2008
Gated residential complexes are becoming ever more popular with investors in Bulgaria. Interest in such complexes is equally high at resorts and in urban areas in south-eastern Bulgaria, Pari daily reported. The complexes were popular because they were closed off and because of the quality of life that they offered, the report said. Gated holiday complexes are the most popular. Investors close off the complexes and provide security. Because of the lifestyle associated with them, gated complexes are selling faster than their similarly-priced conventional equivalents. Prices of the complexes vary between 850 and 1500 euro a sq m. Condominiums, which are combinations of four or five-star hotels and apartment buildings, offer high standards. The apartments are being sold to... more

Greek Company Buys A 12 Million Euro Plot In Sofia For The First Ikea Unit In Bulgaria 14/03/2008
The Greek group Fourlis has signed a 12.081 million euro preliminary contract for the purchase of a plot in Sofia where it plans to develop the first IKEA hypermarket in the country, investor.bg reported. Negotiations for the land started in November last year, Fourlis officials said, but they refused to give details about its size and location. The Greek holder of the rights for the development of the Swedish furniture chain plans to start construction of the hypermarket later this year. Completion is scheduled for 2009. Prices in the Bulgarian outlet will be lower than those of its Greek counterpart because Fourlis’ policy is to comply with the market situation and the purchasing power (GDP per capita) of the country they are entering, company representatives noted. Fourlis... more