Archive for May, 2007

APARTMENT PRICES IN BULGARIAS CAPITAL SLIGHTLY INCREASE IN APRIL

Friday, May 4th, 2007

Prices of apartments in Sofia slightly increased in April, data of Foros real estate agency showed. The average price increase in Sofia for new construction, panel buildings and brickmade buildings for April is 4.42 per cent. Lozenets residential district experienced an increase of 10.77 per cent. Prices there reached 1080 euro per sq m. The increase was attributed to smaller number of offers while the interest remained

PROPERTY AGENTS IN BULGARIA EXPECT LOSSES BECAUSE OF NATURA 2000

Thursday, May 3rd, 2007

Real estate investment can be redirected from Bulgaria to the neighbouring countries because of the introduction of the European environmental network Natura 2000 and the construction limitations related to it. Potential investors are worried because of these developments, agents said as quoted by 24 Chassa daily. Worries focus on traditionally popular areas like the Black Sea coast and the

EU ACCESSION INCREASES RESIDENTIAL PROPERTY PRICES IN BULGARIA

Wednesday, May 2nd, 2007

The price increase of residential property in Bulgaria after the countrys EU accession is sufficiently higher than expected, research ordered by investor.bg showed. The price hike concerns both old and new construction in Sofia and in other bigger cities and towns. The prices per sq m went up three to 12 per cent in Sofias residential disitrcts of Lyulin, Mladost and Nadezhda. In some parts of the residential districts,

REAL ESTATE PROJECTS IN BULGARIA PRESENTED DURING INTERNATIONAL EXPO

Wednesday, May 2nd, 2007

Bulgaria will take part in the largest real estate exhibition SIMA starting May 29 in Madrid. Investors and real estate agencies will participate with projects worth over 400 million euro, Pari daily reported. Projects for two holiday villages feature among the largest developments to be presented at the expo. The first one is named Topola Village Resort, the construction of which will start in the summer of 2007. It will be located