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.
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.
The "A" sector of the emblematic football field "Georgi Asparuhov" in Sofia will be demolished in a controlled explosion Sunday afternoon.
The decline in Bulgaria's house prices has slowed down over the last several quarters, according to Eurostat.
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%.
The average asking sales prices for residential property in Bulgaria continued to fall, though slightly, in 2012, data of realtors shows.
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.
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.
The first Novotel Sofia, a high-class accommodation and office venue, has been opened in the Bulgarian capital.
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.
Regardless of the ongoing economic hardship in Bulgaria, its capital appears set to feature soon its first skyscrapers, considering the local scale.
The index of residential property prices calculated each quarter by Bulgaria's National Statistical Institute has gone by 0.
Sofia Airport Center which was officially opened on Thursday is Bulgaria's first Leadership in Energy and Environmental Design (LEED) commercial development.
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.
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.
More than 110 000 Russian citizens own properties on Bulgaria's southern Black Sea coast, according to the Bulgarian National Real Estate Association.
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 tops the list of international property destinations for Russian state officials, according to a survey of the Russian newspaper Vedomosti.
The current market situation presents a great opportunity to buy a holiday home in Bulgaria, according to Russian newspaper "Rossiyskaya Gazeta".
Bulgaria has climbed 10 places to place 8 in the ranking of international property portal TheMoveChannel.
The Russians are steadily replacing the Brits and Irish as the buyers on the market of holiday properties in Bulgaria, according to a report of real estate agency Foros.
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