Bulgarian Capital Has Only 5 500 Rooms in City Hotels
There are only 5 500 rooms in three-, four-, and five-star hotels with more than 50 rooms in the Bulgarian capital Sofia, according to data announced by property consultants.
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Business » Properties
Bulgaria Outlaws Property Cash Buys
New rules that envisage that all property transactions in Bulgaria must be carried out via bank transfer will come into force on July 1, the parliament decided.
Bulgaria's Next Largest Shopping Mall to Open 2012 End
Paradise Center – the future largest shopping mall in Sofia and Bulgaria – is expected to open at the end of 2012.
Prospects Remain Gloomy for Bulgaria's Residential Market
Despite a temporary livening up of the residential property market in Bulgaria over the past year, the prospects remain gloomy, concluded participants in a real estate conference in Sofia.
Bulgaria's National Palace of Culture to Become Public Company
The Bulgarian National Palace of Culture (NDK) in downtown Sofia is to become a public company, the country's Council of Ministers decided Wednesday.
Bulgaria's Residential Building Permits Down by 3.6% y/y Q1 2011
Bulgaria's issued building permits for new residential buildings decreased by 3.
Sofia's Residential Property Prices Down by 9.4% Q1 2011 y/y
The average residential property prices in the Bulgarian capital Sofia have dropped by 9.
Tishman Appoints New Leasing Manager for Sofia Airport Center
Tishman International has appointed Olga Stoichkova as the new Rent Manager who will be in charge of the office and logistics space at its development Sofia Airport Center, the largest Bulgarian logistics park.
Sofia Office Space Supply Grows, Prices Fall to Cheapest in Europe
The Bulgarian capital Sofia has the lowest office space rent prices in Europe but the supply continues to increase, according to a survey of Forton International.
Bulgaria's Sofia Starts 'Unfreezing' Its Construction
Vast construction projects in the Bulgarian capital Sofia, such as malls, office buildings, trade centers and residential buildings have been launched again as the financial crisis is slowly going away.
TransGlobal Assets Contracts Bulgarian Construction Firm for Black Sea Resort
TransGlobal Assets, an Oregon-based company, has contracted Bulgarian construction firm Sofstroy for complete the development of the White Lagoon Black Sea resort, a USD 400 M project.
Sofia Residents Demand Ban on Construction
Residents of Lyulin, one of the largest neighborhoods of Bulgaria's capital Sofia, gave a press-conference Monday to announce their demands for a ban on construction in their area.
US Company Set to Acquire USD 400 M Bulgarian Black Sea Resort
TransGlobal Assets, an Oregon-based company, has announced plans to acquire a Bulgarian Black Sea resort development, an investment estimated at USD 400 M once completed.
Bulgaria Sees 5.6% Drop in Dwelling Prices
The market price index of Bulgaria's dwellings for the first quarter of 2011year on year was 94.
European Gay Couples Drawn to Bulgaria Property Market
Bulgaria has become a very popular country for European gay couples, looking for a second home in the sun, notaries have announced.
Accor, MHQ Partner in New Hotel, Office Complex in Bulgaria's Sofia
Accor, a leading global hotel operator and market leader in Europe, has started a new project in Bulgaria in partnership with the Bulgarian investment company MHQ.
Residential Property Prices in Sofia Down by 10% Q1
The residential property deals in the Bulgarian capital Sofia have witnessed price falls of 10% in the first quarter of this year in line with the general steep contraction of the market over the last two years, data of a realtor shows.
Bulgaria's Shopping Mall Space with Largest Growth in Europe 2010
The space of offering in shopping malls in Bulgaria grew by 475% in 2010 year-on-year, according to a Cushman & Wakefield report announced by its local partner Forton International.
Brits Left Cold by Bulgaria Winter Property Market
Bulgaria is becoming a less popular country for overseas British buyers even though the number of online searches for real estate rises, according to a new report.
Bulgaria Drops 5 Spots in International Property Rights Index
Even though Bulgaria's property rights have seen a slight improvement, the country has dropped 5 places in the 2011 International Property Rights Index, published Tuesday by the Property Rights Alliance, reaching 64th out of 129.
Sopharma Business Towers Features First Eco Facade in Bulgaria
Sopharma Business Towers, an office development in Bulgaria's capital Sofia, has completed its eco facade, the Sopharma Properties company has announced.
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