80% of the real estate sales of residential properties during the first half of 2009 involved finished units.
Average asking sales prices of residential property in the Bulgarian capital Sofia fell by 14% at the start of the second half of the year on an annual basis, data of the realtor Colliers International Bulgaria shows.
Bulgaria is the most popular destination for Russians seeking to buy real estate property abroad.
The second part of "Tsarigradski" Complex, Bulgaria's largest gated community-type complex, was opened in Sofia Thursday.
Black Sea Gardens, the EUR 1 B project for a mega vacation center on the Bulgarian Black Sea coast, has been frozen.
The effects of the global economic crisis and mismanagement of investments have worsened the situation on Bulgaria's real estate market.
Bulgaria has been ranked as the fourth top destination for real estate investments globally in a survey of the properties website Simplyzigzag.
Rental levels on the office real estate market in Bulgaria are slightly lower than the ones registered at the end of 2008 and range between EUR 10-15 m2/month, shows data of realtor Colliers International.
Bulgaria's energy tycoon Hristo Kovachki has acquired as a concessionaire the old bathhouse in the southern city of Blagoevgrad.
The Irish Blackwater Homes company, investor in the Bulgarian Black Sea coast, has filed for Court protection.
Bulgaria's first Class A office building, known as Building A02, located in the Sofia Airport Center (SAC) development, has been topped out, the investors, Tishman International Companies and GE Real Estate Central & Eastern Europe, announced on Monday.
A group of about 300 British and Irish owners are going to lose about a total of GBP 6 M (BGN 13,2 M) invested in real estate property in the Bulgarian mountain resort of Bansko.
Bulgaria's Cabinet decided Thursday to set aside another BGN 3 M to support the Business Park Sofia project.
100 real estates in Bulgaria's capital, Sofia, are offered at a price of over EUR 1 M, according to official advertisements.
The newly constructed residential buildings in Bulgaria in the first quarter of 2009 numbered 547, which is nearly 11% less compared to the same period of 2008.
Bulgaria property prices rose by 3,3% for 2009's first quarter year-on-year, putting the country in 9th position in the latest Knight Frank on world property prices.
A significant fall of the prices of residential properties in Bulgaria has been registered in the first four months of the year.
The number of construction permits for residential buildings in Bulgaria is 40% lower in the first quarter of 2009 compared to the previous quarter.
50% more Chinese Tourists in Bulgaria
Potentially Defective Aluminum was used by All Car Manufacturers in Japan