The share of unoccupied stores in the Sofia shopping malls has dropped to 10.
Major players in the construction industry have cautioned about a bubble risk on the real estate market and in the construction sector in eastern Bulgaria in the next few years.
A Bulgarian real estate company expects that this year the English-speaking customers will return to the market.
The share vacant office space in Bulgaria's capital city of Sofia has dropped to 17.7% or just under 290 thousand sq.m. in Q1 2014.
Offshore companies can not acquire and have ownership of agricultural land in Bulgaria, according to the latest amendments to the Agricultural Land Ownership and Use Act.
An expert group will start working on tax on uncultivated lands by end-May, Bulgaria's Agriculture Minister Dimitar Grekov announced at a meeting with agricultural associations
The hotel project in Karadere will not get environmental approval, as the area is in two Natura 2000 zones, said Bulgaria's Environment Minister Iskra Mihailova.
The construction of the Black Sea Eco Garden Resort at the Karadere area will start in September 2014, said Minister of Economy and Energy Dragomir Stoinev.
Bulgaria is currently the tenth most preferred destination by Britons who want to purchase vacation housing.
The Russian city of Sochi is losing its competitiveness for seaside property in favour of other countries like Bulgaria, due to high costs.
The office rents in Bulgaria are among the cheapest in Europe, shows a survey of the Cushman&Wakefield international consultancy.
Bulgaria’s construction sector is adapting to the market situation and is clearly showing signs of overcoming the crisis, according to the National Statistical Institute.
The process of mallification continues in the western and southern districts of Bulgaria's capital Sofia with three new enormous shopping malls due to open this autumn.
Bulgaria's market for mid-luxurious and luxurious properties is on the rise, shows data of the Colliers real estate company.
The market price index of dwellings in Bulgaria for the fourth quarter of 2013, compared to the third quarter of 2013 was 99.9%, i.e. the average decrease of the market prices of the dwellings was 0.1%.
Bulgaria is the EU Country with the Largest Number of Women in the IT Sector
Hewlett Packard Enterprise Sold its Assets and Contracts in Bulgaria