Bulgarian Party Leaves Coalition with Sofia's Mayor Over Unfulfilled Promises
The political party "Spasi Sofia" has announced that it is withdrawing its trust from Sofia's Mayor Vasil Terziev
A Spanish company presented in the capital Sofia several large-scale projects for new sports facilities.
The projects are for a new national stadium and two others – one also in Sofia and and one in the second largest city of Plovdiv.
The company has been invited to prepare the design by Bulgarian football legend and now Consul in Spain, Hristo Stoichkov, who was present at the event. Prime Minister, Boyko Borisov, Sofia's Chief Architect, Petar Dikov, Regional Minister, Rosen Plevneliev, and the Minister of Sports and Youth, Svilen Neykov, were also in attendance.
The new national stadium will be called "Arena of the Rose," and will be located near the International Airport. It will have 40 000 seats and seen from above it will look like a rose. There will be three additional fields, a hotel and stores in the vicinity of the facility.
The now-abandoned Sofia "Septemvri" (September) stadium will be rebuilt and will have 15 000 seats, two smaller fields, a park and a shopping mall.
The Plovdiv stadium will have 25 000 seats and will be suited for different sports such as football, track and field, swimming and tennis. It will be called "Olympic Treasures" and will be a public-private property.
Borisov, delighted by the presentation, immediately said a tender for investors is to be launched ASAP.
Over the past decade, residential property prices in Sofia, Bulgaria, have surged by 200%, rising from an average of €715 per square meter in 2015 to more than €2,100 at the beginning of 2025
Bulgaria's real estate market has seen a notable uptick since the beginning of 2025, with housing prices increasing by approximately 6%
Over 70% of property transactions in Bulgaria over the last decade have been made in cash
Bulgarians rank among the leading buyers of real estate in Northern Greece
Property prices in Bulgaria have risen by approximately 6% since the beginning of 2025
Real estate prices in Bulgaria continue to climb, according to property brokers
Google Street View Cars Return to Bulgaria for Major Mapping Update
Housing Prices Soar in Bulgaria’s Major Cities as Demand and Supply Strain Increase