Greek Fourlis, Danaos to Build Whole New District near Sofia
A whole new district with a residential complex and a business project will be erected in the capital, next to the future Sofia Ring Mall near Bulgaria's sole IKEA store.
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Business » Properties
Novotel Sofia Officially Inaugurated, Accor Upbeat on Bulgaria
The first Novotel Sofia, a high-class accommodation and office venue, part of the world's leading hotel operator Accor, was officially pronounced open on March 21, four months after it welcomed its first guests.
Sofia Hotels Changing Hands No Sign of Crisis, on the Contrary - Expert
The recent developments on the hotel market in Sofia – some exchanging hands, others still up for sale - are no sign of crisis, on the contrary, according to George Veltchev, Bulgarian businessman, investment banker and long-standing investor in tourism.
Irish Quinn Group Puts Sofia Hilton Up for Sale
The Hilton hotel in the Bulgarian capital Sofia has been put up for sale by its present owner Irish company Quinn Group because of debts.
Emblematic Football Field to Be Blown Up in Sofia
The "A" sector of the emblematic football field "Georgi Asparuhov" in Sofia will be demolished in a controlled explosion Sunday afternoon.
Decline in Bulgaria's House Prices Slowed Down in 2012
The decline in Bulgaria's house prices has slowed down over the last several quarters, according to Eurostat.
Bulgaria’s Dwelling Prices Slumped by 2.7% in 2012
The market price index of the dwellings in Bulgaria for the fourth quarter of 2012 compared to the third quarter of 2012 was 99.3%, i.e. the average decrease of the market prices of the dwellings was 0.7%.
Bulgaria Residential Property Prices Down Again in 2012
The average asking sales prices for residential property in Bulgaria continued to fall, though slightly, in 2012, data of realtors shows.
Momento Plus Opens Two Restaurants at Sofia Airport Center
Momento Plus, a concept that blends fast food, sit-down service and catering, is about to open two restaurants at Sofia Airport Center (SAC), which was recently crowned Building of the Year for 2012.
Sofia Airport Center Grabs 2 of Bulgaria's 'Building of the Year' Awards
Tishman International Companies' Sofia Airport Center (SAC) has captured two awards in the 11th national "Building of the Year" contest, sponsored by the Bulgarian Ministry of Regional Development.
Accor, MHQ Launch 'Novotel Sofia' in Bulgaria's Capital
The first Novotel Sofia, a high-class accommodation and office venue, has been opened in the Bulgarian capital.
France, Spain Again Top Destinations for UK House Hunters
British investors seem to be back to their old habits, looking little further than a farmhouse in France or an apartment on the Costa de Sol and are no longer tempted by countries such as Bulgaria and Turkey.
?Bulgaria's Sofia Set to Boast 1st 'Skyscrapers' Despite Crisis
Regardless of the ongoing economic hardship in Bulgaria, its capital appears set to feature soon its first skyscrapers, considering the local scale.
Bulgarian Residential Property Prices Slump Further
The index of residential property prices calculated each quarter by Bulgaria's National Statistical Institute has gone by 0.
First Phase of LEED-Certified Sofia Airport Center Officially Opened
Sofia Airport Center which was officially opened on Thursday is Bulgaria's first Leadership in Energy and Environmental Design (LEED) commercial development.
Bulgaria 39th in Knight Frank Global House Price Index
House prices in Bulgaria fell by 2.6% on an annual basis in the second quarter of 2012, according to a report of the Knight Frank consultancy.
College Students Drive Up Rents in Bulgaria's Sofia
Apartment rents in Bulgaria's Sofia have seen a 15% hike at the end of the summer as a result of the demand driven up by college students, according to realtors.
110 000 Russians Own Properties on Bulgaria's Southern Black Sea Coast
More than 110 000 Russian citizens own properties on Bulgaria's southern Black Sea coast, according to the Bulgarian National Real Estate Association.
Sofia Housing Prices 1st Time below EUR 1 000/sq. m. since 2007
The apartment prices in the Bulgarian capital Sofia have declined below EUR 1 000 per square meter for the first time in five years, according to a report by Arco Real Estate, a consultancy.
Bulgaria Top Property Destination for Russian Govt Officials
Bulgaria tops the list of international property destinations for Russian state officials, according to a survey of the Russian newspaper Vedomosti.
Russian Paper: Great Time to Buy Holiday Home in Bulgaria
The current market situation presents a great opportunity to buy a holiday home in Bulgaria, according to Russian newspaper "Rossiyskaya Gazeta".
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