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Bulgarian property most valued by Russian investors
Bulgaria remains the most popular and sought-after destination for Russian real estate investors. As of March 2009, 18.8 per cent of all applications processed for real estate wanted, in the Russian Prian.ru website, were targeting properties and land in Bulgaria. There is, however, a marginal ... read more |
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Brokers say Bulgaria’s property market hit rock bottom
The Bulgarian real estate market has hit rock bottom and will not recover any time soon!
Brokers estimated properties in the centre of Sofia that are put up for sale at 2 000 euro a square metre at the moment, could fall to 1 600 euro.
They said deals in January and February were rare, but said ... read more |
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The Independent Newspaper Positive About Properties in Bulgaria
House prices may be dropping across Europe, but the strength of the euro has put British buyers off destinations such as Spain and France. However, there are countries where you can still find good-value property.
"You get more for your money in Turkey, when compared to Spain or popular Greek ... read more |
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Kavarna City Centre open for business
Kavarna's new commercial and administrative complex, the Kavarna City Centre, started operations earlier this month, Stroitelstvo Gradut weekly reported. It had taken a little over a year for Planex OOD to reconstruct and modernise the otherwise unappealing, communist-era concrete monster of a ... read more |
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Low-cost airline launches new Bulgarian service
People in north-west England who own property in Bulgaria are being targeted by low-cost airline easyJet.The budget carrier has confirmed that later this year, it will begin offering passage between Manchester Airport and Sofia.This will help open up the Bulgarian capital to leisure travellers in ... read more |
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Official opening of Logistics Park Varna in Bulgaria
The mayor of Varna, Kiril Yordanov, and Mario Zahariev, Chairman of the Board of Directors of FairPlay Commercial, participated in the opening of the first building of Logistics Park Varna (LPV) - Building A1.
This is the first operational building in the complex, offering high-quality ... read more |
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Bulgarians' Financial Wealth Up by 23%
The total financial wealth of the households in Bulgaria has gone up with 23% during the last year, according to a report published by the analyst's section of the consulting company Industry Watch.Industry Watch specializes in monitoring and providing analysis on overall economic dynamics, ... read more |
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Apartment Prices in Bulgaria Grow 6% in April-June 2008
Bulgaria's National Statistical Institute announced Wednesday that the apartment prices in the country had grown 5,9% in the second quarter of 2008. The average price of one square meter of residential property in Bulgaria was BGN 1299,95 in January-March 2008 but in April-June 2008 it was already ... read more |
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Greek Company Purchases Plot for IKEA's First Store in Bulgaria
The Greek company Fourlis, who is the authorized licensee of IKEA for Greece, Bulgaria, and Cyprus, has purchased the plot for the first store of the Swedish furniture giant in Sofia. The news was reported Friday by the Bulgarian newspaper Pari Daily, which also announced that the plot for IKEA's ... read more |
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Bulgaria Among Top Three EU Countries by Industrial Growth
In May 2008 compared with April 2008, industrial production fell by 1.9% in the euro area and by 1.4% in the European union (EU). In April production grew by 1.0% and 0.3% respectively.In May 2008 compared with May 2007, industrial production decreased by 0.6% in the euro area and by 0.5% in the ... read more |
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Expectations for Bulgaria's tourism in 2008
Foreign Tourists Expected to Increase 7-8% This Year Varna, on the Black Sea, May 22(BTA) - State Agency for Tourism (SAT) President Anelia Kroushkova said on Wednesdayshe expects the flow of foreign tourists to Bulgaria this year to increase 7-8 per cent. In the first three months of ... read more |
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Bulgaria among Germany's Top Ten Tourist Destination
Bulgaria has been ranked ninth among Germany's most popular tourist destinations by the GIATA-Ranking Agency, the Bulgarian Union of Tourism Investors announced. Bulgaria has improved its ranking index from 1.7 in March, 2007, to 2.2 in March, 2008. Spain ranks first as a destination for German ... read more |
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Bulgaria's Tsarevo Hit at Tourism Expo in Belarus
The Bulgarian Black Sea resort of Tsarevo became a hit at the international tourism exhibition in the capital of Belarus Minsk. The interest towards Bulgaria's seaside results on part of the Belarusian citizens and companies was tremendous, burgasinfo.net reported. The Bulgarian representatives had ... read more |
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Bulgaria Named Brits Best Value Holiday Hotspot
Bulgaria has cemented its reputation as the cheapest package holiday destination on the British market, a survey shows. A pint of beer and a Big Mac costs just GBP 1.49 in Bulgaria, making it the world's best value holiday hotspot for Brits, according to the survey of Teletext Holidays, a ... read more |
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Bulgaria's Govt Establishes Golf Development Company
Bulgaria's cabinet decided on Thursday to set up a state-owned company to develop and operate golf courses.
The aim of Golf Development Ltd. will be also to popularize the sport and turn Bulgaria into a golf destination preferred by foreign tourists, officials announced and added that golf tourism ... read more |
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Bulgaria Named World's Strongest House Price Riser
Yet another research has pointed Bulgaria as the country with the world's strongest house price growth last year amidst a global cooling of the property market.
The study carried out by Global Property Guide (GPG) said Bulgaria saw the world's strongest house price growth at 30.6% (15.4% in real ... read more |
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UK Low-Fare EasyJet Flies Daily Sofia-London
Budget airline EasyJet will start daily flights from Sofia to London on January 22.
The British no frills airline announced Monday that the decision for daily flights comes in response to the increased demand for the company's services.
EasyJet, which is considered to be the second-biggest low ... read more |
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Top Skiers Open Season in Bulgaria's Bansko
Alpine ski top stars were guests to the official opening of the new season in Bulgaria's biggest winter resort Bansko on Saturday.
Six-time Olympic and five-time world ski champion Janica Kostelic together with four-time Olympic champion Kjetil Andre Aamodt and 5-time world champion Mark Girardeli ... read more |
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Bulgaria Named Fastest Riser on World's Property Market
Property prices in Bulgaria rose faster than anywhere else in the world in 2007, according to a survey by a leading British estate agency.
The European Union's newest member topped the latest Knight Frank Global Price Index with an annualised property price growth of 30.6 %. Bulgaria ranked three ... read more |
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Real Estate Investors Weaned off Russia, Head for Bulgaria
Tight conditions for mortgage loans and high interest rates are making Russia's property market less attractive, pushing investors to Bulgaria, Cyprus, Greece and Montenegro, Russian daily Kommersant reported.
The article describes the local market as heaven for investors, who can expect high ... read more |
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