Secure Residential Complexes In Bulgaria Gain Popularity 12/03/2008
Gated residential complexes are becoming ever more popular with investors in Bulgaria. Interest in such complexes is equally high at resorts and in urban areas in south-eastern Bulgaria, Pari daily reported. The complexes were popular because they were closed off and because of the quality of life that they offered, the report said. Gated holiday complexes are the most popular. Investors close off the complexes and provide security. Because of the lifestyle associated with them, gated complexes are selling faster than their similarly-priced conventional equivalents. Prices of the complexes vary between 850 and 1500 euro a sq m. Condominiums, which are combinations of four or five-star hotels and apartment buildings, offer high standards. The apartments are being sold to... more

Bulgarias Most Preferred Property Purchase Options Ranked 07/03/2008
According to 25 per cent of the property investors in Bulgaria, the purchase of a terrain close to some major city is the most profitable real estate market participation option. Investors purchase such terrains most often for the construction of an office building or trade centre, Novinar newspaper reported. Such types of investment lead in a ranking of the most preferred real estate purchases, according to an Investor.bg survey. Twenty-four per cent of the investors believe agriculture terrains offer good opportunities. At the moment land prices remain relatively high. Prices are expected to go up in the near future. Most of the surveyed investors prefer real estate close to the Black Sea coast line. According to 20 per cent, the purchase of property in Sofia is most profitable.... more

Chedi Luxury Hotel Brand Coming To Bulgarian Golf Resort 17/07/2008
GHM, the owner and manager of a hotel portfolio of highly regarded properties such as The Datai and The Setai, said it would open a hotel in Bulgaira under its upscale brand Chedi. The local Chedi hotel will be part of the Thracian Cliffs golf resort near Kavarna on the Black Sea, resort manager Josef Halbherr said.In addition to the 60-suite boutique hotel, the Chedi complex in the resort will also feature 30 villas and nine apartment blocks. The GHM-managed complex should be completed in two years.The 150 ha Thracian Cliffs Golf&Spa resort will be built in three phases. The first, currently underway, will deliver a golf course with 18 holes, nine of which will be playable by mid-2009, hotel, villas, yacht marina complex with resort apartments and inland apartment buildings.Another... more