Bulgaria Cheap Properties

Spanish and Bulgarian investors announced plans to build a new mixeduse compound in the vicinity of Sofias central railway station, SeeNews corporate wire reported on June 5.The complex, to be named Five Towers of Sofia, is estimated to cost 400 million euro, Krassimir Todorov of Source consultancy told SeeNews. The figure is an update from original plans because prices for construction of office buildings and retail sites has risen since conception of the project.

Each of them is designed by a famous architect, and all together they form a residential complex that has no equivalent in Bulgaria – Simeonovo River Park, Inter Bulgarian Properties-Gold’s biggest investment project A UNIQUE VIP VILLAGE at the foot of the Vitosha Mountain is being developed by Inter Bulgarian Properties-Gold – a Bulgarian company [...]

Before setting off for Bulgaria, I had been told that despite the country’s reputation for crumbling  cement apartment blocks, ex-communist monuments and crushing poverty, a land that’s alternatively beautiful and ripe for both economic and property development awaits.
And I wasn’t disappointed. As my plane touched down at Sofia airport, there to greet me were the [...]

Albena, the operator of the eponymous resort, turned the first sod to Rila Estate, a gated residential community in the Byalata Lagouna White Lagoon resort, the companys spokesperson Yovka Strashilova told Dnevnik daily.Byalata Lagouna, a resort adjoining Balchik, on the northern Black Sea, is known for its mineral thermal springs and curative mud.

European Trade Center, an office complex whose construction is already underway on Tsarigradsko Chaussee in Sofia, would be completed in 2010 and should bring seven per cent return on investment, investors in the project told reporters on June 2, as quoted by Dnevnik daily.The complex would have a total builtup area of 70 000 sq m, making it one of the largest in Bulgaria and comprising a tenth of modern office space currently available on the market, Colliers International, the consultant of the project, said.