The number of new mortgage loans has gone tangibly up in Bulgaria in the second quarter of 2011 as the real estate market and banking activity are becoming more dynamic, according to a report.
The average market price of residential properties in Sofia is down over 10% in the second quarter of 2011, compared to the same period of last year.
The Bulgarian authorities have demolished more than 15 illegal buildings in the country's largest and most popular summer resort Sunny Beach.
The lively Sofia Central Park, known as Borisova Gradina, named after Bulgaria's last king, Boris III, became Wednesday property of Sofia City Hall.
Several years will be needed for the new office space in the Bulgarian capital Sofia to be absorbed by the market, according to a report of Colliers International.
The British company Farans Construction Ltd has sent a letter to the Bulgarian cabinet, stating it is willing to build a new prison in Sofia.
Bulgaria's Prime Minister, Boyko Borisov, is officially opening Saturday the brand-new Sofia sports facility "Armeets Arena.
A Spanish company presented in the capital Sofia several large-scale projects for new sports facilities.
Bulgaria's dwelling prices have decreased by 6.4% year on year during the second quarter of 2011, according to the country's National Statistical Institute.
The properties on sale in Bulgarian winter and ski resorts are continuing to go down, according to an analysis of Bulgarian Properties, a real estate agency.
Compared to 2010, which was characterized with a record supply of new shopping centers, no significant retail schemes have been completed since the beginning of 2011, according to the Q2 report of Forton International.
Bulgarian capital Sofia's real estate market seems to have recovered from the crisis, as it has grown four times more active than in its worst period, according to an analysis prepared by the Bulgarian Address Real Estate company.
Data shows Bulgaria's real estate sector is experiencing a limited recovery, according to the "Bulgaria Real Estate Report Q3 2011" of Business Monitor International (BMI).
The current driver for real estate values in Bulgaria, the income levels and domestic demand of the population, are set to result in a stable annual growth rate of 5-6% of real estate prices, Curtis M.
Los Angeles-based Tishman International Companies, a leading international real estate development and management company, introduced a brand-new concept to Bulgaria on June 25, 2011- a sports-themed day of fun to show its appreciation of the tenants of t
British and Irish property buyers, who purchased resort properties in Bulgaria during the boom years, are willing to sell them at a loss to take advantage of the lucrative deals offered on the British real estate market, according to Dylan Cullen
Radisson Blu in Sofia will soon be featuring a renovated commercial zone, announced Colliers International, consultant of the project.
The Black Sea city of Burgas will feature Bulgaria's first "open-air mall" as the shopping mall project dating back to 2008-2009 will be unfrozen.
The facility management business in Bulgaria generates a turnover of about BGN 1 B per year, according to data of the Bulgarian Facility Management Association.
Bulgaria's real estate market is ranked sixth in the world by the property price drop in the first quarter of 2011, according to a study of the global property services and research company Knight Frank.
London private equity fund manager Europa Capital has bought the Bulgarian capital's Mall of Sofia or more than EUR 100 M.
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