Two Storey House Some 25 Km From Sofia - ID 2084

Construction Of Mall In Bulgarias Varna To Begin In September 2007 12/03/2008
Construction of Mall-Varna in the coastal city of Varna will start in September 2007, former Mall of Sofia CEO Eli Egozi said. The mall should be completed by September 2009, Bulgarian news agency BTA reported. Mall-Varna will spread on 40 000 sq m and will include office buildings and a hotel, increasing the mall’s total area to 60 000 sq m. Investment in the project is expected to reach 100 million euro. InvestBulgaria Agency awarded Mercury Group, represented by Egozi, a first class investor certificate for the investment in the project Bulgaria Mall. The mall will be constructed in Sofia on 25 000 sq m area. more

Bulgaria Attracts Foreign Investors 07/03/2008
Overseas property investors are continuing to find Bulgaria an appealing location, according to an expert. Martin Gikov from UniCredit Bulbank told a national media outlet that the eastern European country was highly popular with foreign property buyers. Speaking to the Novinite news agency, he said it was proving to be a hotspot of activity among investors from Russia and Scandinavia. He added that house prices in Bulgaria are likely to keep rising this year, which means these investors may be in line to see considerable capital growth. Mr Gikov cited the country's recent entry into the European Union as one of the main reasons for the increase. He said that although the global property market was experiencing a slowdown, the momentum in Bulgaria could be sustained during the... more