Villa for sale near Balchik - ID 3777

Property Boom Still Ongoing In Bulgaria Report 13/03/2008
In an article entitled On Course for a Building Bonanza, The Independent reported that Bulgaria’s property boom continues. Initially Bulgaria attracted investors with the low prices but is now moving up in the international property market. Coastal resorts continue attracting the majority of buyers, the report said. Several major projects are carried out at the moment and promise to offer highest quality upon completion. Some new developments focus on golf and luxury property, The Independent reported. Investors that entered the country several years ago have seen high return rates. Buyers now are a bit more skeptical if the percentage remains just as high. Market has calmed down but growth will continue in the future, agents said. One of the reasons for further development... more

Outlook For Sofia Office Space Market Good Cb Richard Ellis 18/08/2008
Despite the effects of the credit crunch and forecasts for an overall slowdown in economic growth, Bulgarian gross domestic product defied the expectations of economists by recording seven per cent growth in the first quarter of 2008, real estate consultants CB Richard Ellis said in a Sofia office market overview for the first half of 2008.Bulgaria remains attractive to international companies that outsource and offshore parts of their activities to the country, driven by the availability of well-educated and experienced specialists at lower salaries as compared to Central and Eastern Europe, Western Europe and the US, as well as the low corporate and personal income taxes (both 10 per cent), among others. Therefore, according to the report, Sofia's office market will continue to... more