Cosy house in well organized village - ID 3221

Dutch Group Corio Mulling Interest In Bulgaria 20/03/2008
Dutch property group Corio is mulling potential acquisitions, including in Romania and Bulgaria. While some of its competitor companies have been affected by the global credit crunch, Corio, on the other hand, is still in a position to raise an expected 3 billion euro through bond emissions and the sale of some of its assets, the company’s CEO Jan de Kreij told Reuters, as quoted by investor.bg. The funds might be raised within the next five years and poured into construction or acquisition of real estate, Corio’s executive added.       . Corio is focused on Spain, Italy and Turkey, and possibly a new developing market in East Europe like Bulgaria or Romania. “We have noticed that some of the major players, particularly in Spain, find difficulty in securing finance, which, hopefully,... more

Agricultural Land Most Attractive Property In Bulgaria, Consultancy Firm Says 17/07/2008
Holiday resorts and big Bulgarian cities do not seem such an attractive investment opportunity for foreign property investors any longer. Now, an increasing number of private and institutional investors see more value and profitability in agricultural and development land, consultants at Sash Property Solutions (SPS) said as quoted by nubricks.com, UK property blog.SPS does an independent research of the Bulgarian real estate market and its recent findings showed that prices of agricultural land had risen by 40 per cent. The consultant company attributed this new trend to the lower risk and less involvement for potential buyers as opposed to buy-to-let and commercial properties. Compared to other European countries, agricultural land in Bulgaria was more than two times cheaper.The... more