Business » Properties

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: 1651

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: 2810

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: 2446

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: 1843

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: 2762

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: 1919

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: 3770

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: 4788

Crisis Revives Demand for Bulgaria's Socialist Era Apartments

The economic crisis has revived the demand for the Socialist era apartments on the Bulgarian real estate market.

Business » Properties | November 4, 2009, Wednesday // 15:37 | Viewed: 3735

Bulgaria Capital Sofia with Record Low Revenue from Real Estate Deals

The crisis on the Bulgarian real estate market has affected severely the budget of the capital Sofia.

Business » Properties | October 30, 2009, Friday // 17:28 | Viewed: 3378

Bulgaria Real Estate Property Increasingly Attractive for Russians

Real estate property in Bulgaria is the most sought after by Russian buyers, according to data of the Russian company MIEL’ Distant Property Management.

Business » Properties | October 30, 2009, Friday // 01:44 | Viewed: 2522

Bulgarian Property Expert: Sofia Real Estate Market to Go up in 2010

The Sofia property market shows reason for cautious optimism, according to Shteyan Kalchev, Manager of real estate company RE/MAX Partners.

Business » Properties | October 25, 2009, Sunday // 21:12 | Viewed: 3405

Bulgaria Registers 38% Construction Sector Collapse Y/Y

There is a serious reduction of construction works in the country compared to one year ago, according to the Chair of the Sofia branch of the Bulgarian Construction Workers Chamber, Svetoslav Glossov.

Business » Properties | October 24, 2009, Saturday // 15:28 | Viewed: 2526

Bulgaria Residential Property Prices Collapse by 28% in 2009 Q3

The prices of residential property in Bulgaria declined by an average of 28% in the third quarter of 2009 compared to the same period of 2008.

Business » Properties | October 23, 2009, Friday // 18:48 | Viewed: 3477

Sofia Residential Property Prices Drop by 16% in 3rd Quarter 09

The residential property prices in the Bulgarian capital Sofia have dropped by 16% in the third quarter of 2009 compared to the same period of 2008.

Business » Properties | October 22, 2009, Thursday // 16:22 | Viewed: 2285

Austria's Immoeast Sells Package in Bulgarian Developer

Austrian Immoeast, one of the largest real estate investment funds in Central and Eastern Europe, has sold its share in the Bulgarian developer Prime Property BG REIT.

Business » Properties | October 13, 2009, Tuesday // 13:02 | Viewed: 1516

10% of Bulgaria Building Firms Set for Bankruptcy

Bulgaria's Minister of Regional Development, Rosen Plevneliev, has announced that 10% of the building firms in the country are likely to go bankrupt in the next few months over the global financial crisis

Business » Properties | October 1, 2009, Thursday // 16:43 | Viewed: 2205

UK Real Estate Firm: 5 Spots for Working Expats in Bulgaria's Sofia

The Sofia-based UK property developer Cleves Ltd has identified five spots where large numbers of expatriates are employed in the Bulgarian capital.

Business » Properties | September 23, 2009, Wednesday // 18:11 | Viewed: 3451

UK Investors Turn Backs on Bulgaria Property Market

UK investors are turning their backs on the Bulgarian property market with a 3% fall in interest since 2008 according to mortgage specialists Conti.

Business » Properties | September 22, 2009, Tuesday // 16:51 | Viewed: 3065

Bulgaria Real Estate Market Offers Fewer Price Cuts

Sellers of real estate properties in Bulgaria reduce prices less and less while prices in the largest cities show fewer reductions.

Business » Properties | September 20, 2009, Sunday // 16:49 | Viewed: 2264

Bulgaria Real Estate Market Registers August Revival

Bulgaria's property market has registered an August increase of 2% to 3%, the Chair of the National Real Estate Association, Lachezar Iskrov reported.

Business » Properties | September 17, 2009, Thursday // 13:24 | Viewed: 2397
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