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Press releases
11 437 apartments in the country with total built-up area of more than 1.548 million sq.m have received construction permits during the Q1, said from the National Statistical Institute (NSI)Bourgas area is still a leader with 394 permits for development of 2354 residences, Sofia
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Hungarian development company SCD Holding revealed plans to expand its activity in the countries from Central and Eastern Europe including Bulgarian property market.Among the countries are Bulgaria, Romania and Croatia.Efforts of the company will be directed to the trade and
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The real estates market in Bulgaria is generally stable towards the world’s financial crisis but still there are signals for decreasing of the interest for holiday properties. The reasons are mainly the reduced external demand and appreciation of the bank loans, indicates
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Redeemability of the office investments of the EU countries has been continuing to increase during the first quarter of the year, and has been grown by 14 basis points up to the level of 5.28% per annual basis.The largest redeemability of office investments from the higher class
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Actual prices of the residential properties in Russia in 2008 will increase by 9% compared to the levels from the last year. This is the opinion of the president of fond “Institute of City Economics” Nadejhda Kosareva, quoted by RIA News.According to the president of
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According to the analysers of Property Secrets, the Bulgarian capital Sofia is outstanding regarding to investing possibilities at the properties.They are claiming that the city will gain from its membership in European Union because the trust of the investors is increasing.
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According to the analyzes, for year 2007 the construction activity has grown up to 15%, which puts it among the fastest developing branches here in Bulgaria. The reason of the constructions boom is the shortage of modern lodgings, trade and administrative areas, storages, and
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More and more buyers from our neighbor – Greece, are interested and oriented to buy a property in Bulgaria, mainly vacation lodgings. This is a quotation of the Greek business issue “Imerisia”.The investors’ interest from our south neighbor, is directed
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In 2007 was made 325 385 property sales which exceeds reported in 2006 number of deals with 4%. That is written in a research made by Arco Real Estates.The largest sales number are registered in the towns of Sofia, Plovdiv, Varna, Bourgas, Nessebar and Rousse. It is expected in
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The average price of apartments in Bulgaria during the first three months of the year 2008 grew up with 6.8% - that is shown in the data of NSI, released on 23rd April. The average price has expanded from 1216.85 leva/sq.m (608.43 euro per sq.m) at the end of December to 1299.95
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Developed infrastructure, key transport corridors and fast developing trade sector in the region of South-East Europe are preconditions for fast growth during the next months and year.Expected economic growth during the next four years in combination with the higher rate of
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Each Bulgarian city with a population of more than 70-80 000 people either has a shopping mall or a project for the construction of such, said David Davidov from Colliers speaking at the BalREc conference currently taking place in Sofia. This year some 103 000 sq. m of
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