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

Property Investors Interested In Bulgarias Small Towns 12/03/2008
The number of property investors interested in carrying out projects in Bulgaria's small towns is growing, according to Bulgarian-language daily 24 Chassa. The newspaper said that major property contractors in Bulgaria had accumulated capital in recent years, and most had decided to re-invest it in smaller towns. Still, the main share in the small-town property market was held by local contractors making their first investments. The factors encouraging property investors to invest in residential property and complexes were economic stability and a high return on investment. Investors were also taking into account population migration, the newspaper said. The supply of property under construction increased in Veliko Turnovo, Blagoevgrad, Pazardzhik and Pleven. The price... more

Living Abroad And Your Right To Vote 27/05/2008
Many of those recently surveyed by the likes of banks and newspapers in the UK about why they might consider moving abroad cite the state of the UK as one of the major reasons behind any decisions to expatriate.  It seems that Brits are becoming increasingly dissatisfied with the state of the UK economy, housing market, cost of living and government. If you’re of a similar mind and are actively planning your escape overseas you shouldn’t lose your right to have a say in the way the UK is governed, because after all, Britain is a democracy so as Brits we can at least vote a government in or out of power.  In this article we examine the facts about living abroad and your right to vote. If you’re currently living in the UK you need to make sure you are registered to vote – you should... more