Eu Criticism Fails To Affect Bulgarias Property Market Report 07/03/2008
Bulgaria remains real estate hotspot, despite EU criticism over reforms failure, market analysis shows. Spain and France are losing some popularity, Dnevnik newspaper reported. The majority of property seekers are now turning to Southeastern Europe. The international property market is slowing down, yet Southeastern Europe would maintain the high number of buyers, analysis shows. Infrastructure improvement projects affect this tendency positively. Analysts said the popularity of Bulgarian real estate was expected to affect the Romanian market as well, Dnevnik said. Buyers look for vacation property in Bulgaria and Romania because of the availability of low-cost carrier services, which permit cheap trips for a short vacation. Yet, international tendencies show an overall... more

The First German Tourists Arrived In Bulgaria 19/03/2008
For another year the first tourists that arrived on the Bulgarian Black Sea coast are Germans. The specialists point that these "early guests" are regular visitors of Bulgaria attracted mainly by the familiar atmosphere here and for instance also by the possibility to be catered by same waiters every year. The number of the first German tourists is already 450 and they will celebrate the Ouster in Bulgaria. According to the tour operator firm „Kur-Club", the vacation in the beginning of the spring amounts to between € 1000 and 1600. An exotic taste in that German crew gives a small group consisting of 30 bridge players, mainly ladies in the third age. On Saturday the Frau-s landed on the Varna airport. The German ladies are addicted to this sophisticated game since decades. It is... more

Foreign Investments Reign Over Bulgarian Property Developments - Sophia Echo 14/07/2008
Foreign investors have a 97 per cent share of the total investments in Bulgarian commercial buildings, according to consultant company King Sturge, as quoted by website investor.bg. In Sofia and some other big cities there are pleanty of examples of completed developments, including numerous retail and office buildings. At the initial stage of those developments, there had been a partial share of Bulgarian investors, which was later sold to foreign players. This pattern was repeated with Sofia City Centre, which was acquired by the investment fund Equest Balkan Properties for 94 million euro. The Central Mall in Veliko Turnovo was bought out by European Convergence Property Company for 29 million euro. More than 15 future projects have been announced in Sofia alone and a further 10... more