Rent Prices in Bulgarian Malls Down by 25% Y/Y
Rent prices in molls in Bulgaria decreased by 25% for one year, the consultant company Forton International has revealed.
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Sofia City Hall Registers 350 Unsafe Buildings
The Bulgarian capital Sofia currently has about 350 unsafe and dangerous buildings, according to the city's Chief Architect, Petar Dikov.
Green Shoots of Revival for Bulgaria Construction Sector 'Next Year'
A mix of global slow-down, restricted financing and withdrawing investors have brought Bulgaria's construction sector to a stalemate, but entrepreneurs hope that the first green shoots of revival will emerge in the spring next year.
Doldrums Prompt Glut of Frozen Residential Projects in Sofia
A mix of an economic slow-down, overconstruction and bankrupt investors have led to a sharp increase in the number of frozen residential projects in the Bulgarian capital Sofia, data shows.
FT: Investors Be Wary of Bulgarian Resorts
Real estate analysts are advising potential investors to avoid Bulgaria's beach and winter resorts, Financial Times writes Saturday.
Bulgaria's Apartment Prices Up by 6% in 2010 Q3
The average apartment price in Bulgaria declined by 6% in July-September 2010, year-on-year, according to data of the National Statistical Institute.
Sofia City Hall Takes Over Notorious 'Spartak' Swimming Pool
The Sofia City Council has decided that the City Hall should take over the management of the notorious Spartak Swimming pool.
Road to Bulgaria's 'Customs Agents Village' Built with EU Funds
The order to build the notorious vacation village "Arda," better known as The Customs Agents Village, was signed in 2000 by the then Regional Minister, Evgeni Chachev.
Milka Gecheva Heads Bulgarian Construction Control Agency
Milka Gecheva is the new Head of the State Agency for National Construction Control, according to a cabinet report published Wednesday.
Sofia Office Market Sees Signs of Recovery
After a period of relatively low activity, the Bulgarian capital Sofia is seeing signs of recovery in the office market, according to a survey by Colliers International.
Sofia Ranks Next to Paris, Brussels in Office Construction Volume
Bulgaria's capital Sofia has made its way into the top ten office markets in Europe and the Middle East in terms of construction volume to be built by 2012, according to a survey by Colliers International.
Sofia Logistics Market Vacancy Rate Up to 10% Q3
The logistics market in Sofia region registered new stock increase of 12,684 sq.m., while the vacancy rate went up to 9.24% in the third quarter of 2010, shows a research by Forton, a property advisory company.
Bulgaria Tax Agency: Sofia Outshines Varna in Luxury Properties
A luxurious house with a lake, located in a village near the Bulgarian city of Varna, has impressed the National Revenue Agency (NRA) the most during the probes of upscale real estate at the Black Sea coast.
Bulgarian Tax Agents Hit on Beach Property from 'Above'
The National Revenue Agency (NRA) is continuing the probes of upscale real estate in Bulgaria, now aiming at the Black Sea coast.
Bulgarian Prosecutor Hits on Local 'Beverly Hills'
The Regional Prosecutor's Office in Bulgaria's second largest city of Plovdiv is currently conducting 36 individual probes in the nearby villages of Markovo and Belashtitsa.
Residential Properties Prices in Sofia Stable
Prices of properties in Sofia have been stabilized, according to data from Bulgarian real estate agency "Bulgarian Properties" and credit holding "Creditex & Hypocredit.
Bulgaria's Haskovo DA Launches Luxury Real Estate Probe
The Regional Prosecutor's Office in the southern city of Haskovo has launched its own probe of the illegal luxury villa complex on the banks of the Ivaylovgrad dam.
Raiffeisen Zentralbank Eyes Mall Varna Owner
Austria's biggest banking group Raiffeisen Zentralbank Austria AG has approached the Bulgarian antitrust commission for permission to acquire a full stake in Miller Mall Varna, which owns Mall Varna in the eponymous northern Black Sea city.
Bulgarian Retail Chain to Invest in Cash and Carry Stores
The Bulgarian retail chain Piccadilly is planning to invest BGN 100 M in the development of a new "cash and carry" chain by 2013.
Sofia City Hall with Parallel 'Mansions' Probe
The majority of the buildings filmed by the Bulgarian National Revenue Agency (NRA) lack permits for their use and their owners failed to pay taxes to the Sofia City Hall even though they occupy these homes for years.
Bulgarian Govt to Tear Down Illegal Luxury Villa Resort
Bulgaria's PM has vowed to either confiscate, or destroy a wholly illegally luxury villa complex on the banks of the Ivaylovgrad water reservoir.
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