Business » Properties

Bulgaria Moves to Outlaw Property Cash Buys

New rules that envisage that all property transactions in Bulgaria must be carried out via bank transfer were approved at first reading this week by the parliament.

Business » Properties | January 22, 2010, Friday // 11:17 | Viewed: 1627

Bulgaria Property Prices Down 20% y/y

Average asking sales prices across all property sub markets fell 20% on average on a year-on-year basis, data of realtors shows.

Business » Properties | January 21, 2010, Thursday // 11:07 | Viewed: 1759

Bulgaria Ski Resorts Tempt Russian Property Buyers

The demand for European property by Russians is steadily increasing despite the economic crisis, Russian media have reported.

Business » Properties | January 15, 2010, Friday // 14:40 | Viewed: 4130

Bulgaria Real Estate Negative Trends Continue in 2010 - Report

The negative trends in Bulgaria's real estate market will continue at least until the third quarter of 2010, a property report of the "Foros" agency reveals Tuesday.

Business » Properties | January 12, 2010, Tuesday // 13:33 | Viewed: 3642

Penny Market to Roll Out 50 Units in Bulgaria by End-2010

Penny Market (Rewe Group), German soft discounter with an aggressive growth strategy for Bulgaria, announced it wants to build a 50-unit network in the country by the end of the year.

Business » Properties | January 12, 2010, Tuesday // 10:29 | Viewed: 4063

Scores of Bulgaria Beach Hotels Face Foreclosure

Scores of luxury hotels and apartments on Bulgaria's southern Black Sea coast are listed for foreclosure by private law enforcement officers.

Business » Properties | January 7, 2010, Thursday // 14:17 | Viewed: 2423

Bulgaria to See Boom of Discounters in 2010

The economic crisis in the past year has proved fertile for the discount retailers stepping on Bulgarian soil in recent months and the country will see their boom in 2010, a realtor report says.

Business » Properties | January 6, 2010, Wednesday // 13:08 | Viewed: 3059

UK Government Pushes Bulgaria to Crack Down on Property Fraud

The UK Foreign and Commonwealth Office has urged Bulgaria to raise standards and tighten controls in the Real Estate sector in the country.

Business » Properties | January 4, 2010, Monday // 12:43 | Viewed: 3321

Bulgaria Delays Outlawing of Property Cash Buys

New rules that envisage that all property transactions in Bulgaria must be carried out via bank transfer will come into force in the summer , not as of January.

Business » Properties | January 3, 2010, Sunday // 18:08 | Viewed: 2816

The Bulgaria 2009 Review: Properties

Bulgaria Property Market among World's Biggest Losers in 2009

Business » Properties | December 30, 2009, Wednesday // 07:51 | Viewed: 7258

Bulgarian Property Market Lacks Foreign Investors

Bulgarian real estate prices in over 20 cities and towns have seen a decline in value of up to 28% in the third quarter of 2009, compared with the same period the previous year.

Business » Properties | December 19, 2009, Saturday // 10:40 | Viewed: 2646

Bulgaria Property Market among World's Biggest Losers

Bulgaria is among the countries that marked the sharpest fall in residential prices in the third quarter, an international survey shows.

Business » Properties | December 10, 2009, Thursday // 15:47 | Viewed: 2557

27 Bulgarian Hotels Listed for Sale in Financial Times

The Business for Sale column of Financial Times has listed 27 Bulgarian hotels and holiday accommodations.

Business » Properties | December 8, 2009, Tuesday // 15:14 | Viewed: 3371

Bulgaria Sees 2% Drop in Number of New Residential Buildings Y/Y

A total of 685 new residential buildings were completed in the third quarter of 2009 which is a 2% drop compared to the same period of 2008.

Business » Properties | December 3, 2009, Thursday // 13:27 | Viewed: 1638

Bulgaria's Luxury Properties Construction Unaffected by Crisis

The downturn in the real estate sector in Bulgaria caused by the global economic crisis has not affected the construction of luxury properties in the country.

Business » Properties | November 30, 2009, Monday // 08:34 | Viewed: 2746

Bulgaria's Ruse to Boast Top Class Logistics Center

Bulgaria's Minister of Regional Development, Rosen Plevneliev, broke the ground of a modern logistics park in the Danube city of Ruse.

Business » Properties | November 23, 2009, Monday // 19:06 | Viewed: 2410

Bulgaria Residential Building Permits down 35% in 2009 3rd Quarter

The building permits issued by local administrations in Bulgaria during the third quarter of 2009 are down 35% year/year while the residential units inside those buildings are down 60%.

Business » Properties | November 23, 2009, Monday // 13:03 | Viewed: 1824

Surge in Interest for Bulgaria Winter Resort Luxury Properties

There have been some positive signs in the market for luxury property in Bulgaria’s winter resorts according to the National Real Estate Association (NREA).

Business » Properties | November 14, 2009, Saturday // 11:34 | Viewed: 2714

Equest Sells Bulgarian Serdika Development for EUR 9 M

Equest Investments Balkans Limited, listed on the London Stock Exchange's alternative investment market, is continuing to divest more assets from the portfolio of companies it owns in Bulgaria in order to boost liquidity.

Business » Properties | November 11, 2009, Wednesday // 14:35 | Viewed: 1875

Bulgaria Makes Bank Payment Mandatory for Real Estate Deals

Draft amendments to the Notaries Public Act are going to make bank payment mandatory for all real estate property deals in Bulgaria starting January 1, 2010.

Business » Properties | November 10, 2009, Tuesday // 19:12 | Viewed: 3735

Russian Oligarchs Throw Money around at Bulgaria Black Sea Properties

Russian oligarchs have paid up to EUR 3 800 per square meter for vacation properties at Bulgaria’s Black Sea coast.

Business » Properties | November 6, 2009, Friday // 20:19 | Viewed: 4489
Bulgaria news Novinite.com (Sofia News Agency - www.sofianewsagency.com) is unique with being a real time news provider in English that informs its readers about the latest Bulgarian news. The editorial staff also publishes a daily online newspaper "Sofia Morning News." Novinite.com (Sofia News Agency - www.sofianewsagency.com) and Sofia Morning News publish the latest economic, political and cultural news that take place in Bulgaria. Foreign media analysis on Bulgaria and World News in Brief are also part of the web site and the online newspaper. News Bulgaria