Stability Reigns: Sofia Real Estate Market Thrives Despite Uncertain Times
The real estate sector in Sofia has shown resilience in the face of ongoing pandemic challenges, maintaining stability across all segments in the first quarter of the year
Bulgarian Transport Minister Danail Papazov has signed on Thursday the contract for the repair of the Central Railway Station in Bulgaria's capital Sofia.
The repair, which is expected to be finished before the end 2015, will be carried out by a consortium comprising 3 companies that offered to work for BGN 56 M, VAT not included.
A contract for construction oversight and control has been awarded for the price tag of BGN 1.379 M.
"According to the signed contract, 11,000 square meters of commercial buildings - shops, restaurants, cafes, as well as a Center for Coordination of the whole country's railway traffic, are to be constructed," said Transport Minister Papazov.
Special office buildings the Bulgarian State Railways (BDZ), a completely new design of the central building, and implementation of renewable sources of energy are among the innovations included in the project, announced the minister.
No major renovations have been made until now to the 36-years old building of the Sofia Central Railway Station, causing the current state of heavy amortization of the premise.
The current station, the biggest one in Bulgaria, was constructed 1972–74. The first building of Sofia Railways was built in 1888 and then it was the largest on the whole Balkan Peninsula.
We need your support so Novinite.com can keep delivering news and information about Bulgaria! Thank you!
The real estate sector in Sofia has shown resilience in the face of ongoing pandemic challenges, maintaining stability across all segments in the first quarter of the year
Bulgaria has witnessed a bustling winter tourism season, with a total of 1.8 million tourists gracing its picturesque landscapes from December 1 to March 25
Trade relations between Bulgaria and Ukraine have reached unprecedented heights, with bilateral trade hitting a record 3 billion USD in 2022, according to statements made during the recent Bulgarian-Ukrainian business forum
As of 2022, the count of fellow countrymen who purchased real estate overseas reached 2,154, based on data from the National Revenue Agency referenced by "Telegraph"
Bulgaria's long-anticipated entry into the Eurozone may face a delay, as the country is unlikely to meet the inflation criterion required for the introduction of the euro on January 1, 2025
FlixBus, the renowned European bus company, is set to launch new routes to and from Bulgaria in anticipation of the summer season
UN Happiness Report: Bulgaria's Astonishing Leap in Rankings
Bulgaria: 3 Regions With Lowest Life Expectancy - EU Report 2022