Construction of 60M euro Capital Ford business centre in Sofia begins
Latest News
12:27 Wed 03 Feb 2010 - Nick Iliev
Construction on the tallest building in Sofia, the Capital Ford business centre, was launched on January 29 2010, Dnevnik daily reported on February 1 2010. The construction company in charge of the project is Fort Nox. read more
 
 
Construction industry in Bulgaria shrinks by 22 per centNick Iliev
The Bulgarian construction sector shrank by 21.9 per cent in November 2009, compared to November 2008, the Bulgarian National Statistics Institute (NSI) reported on January 11 read more
 
 
 
 
Cleves offers 18 new luxury apartments
Luxury rentals firm Cleves said on May 19 that it launched 18 new apartments with parking spaces in a three-million euro building on Pimen Zografski Street in the Sofia borough of Izgrev. read more
 
 
 
 
Construction of 60M euro Capital Ford business centre in Sofia beginsNick Iliev
Construction on the tallest building in Sofia, the Capital Ford business centre, was launched on January 29 2010, Dnevnik daily reported on February 1 2010. The construction company in charge of the project is Fort read more
 
 
 
 
Tourism opportunities in Bulgaria: Russian rouletteRene Beekman
Quoting unnamed officials at the Bulgarian-Russian Investment Forum as saying that Russian investors were "opting for partnerships with Bulgarian companies in order to start new casinos in Bulgaria", Bulgarian daily Standart said the country had a "golden opportunity to become read more
 
 
 
 
Government to raise prices of state-owned land along Bulgaria's Black Sea coast
Prices of state-owned land along Bulgaria's Black Sea coast would be increased up to eightfold, Bulgarian daily Dnevnik quoted Deputy Agriculture Minister Georgi Kostov as read more
 
 
New real estate transactions law passed on first reading
Members of parliament have passed a new law outlawing cash transactions on real estate payments, the Bulgarian news agency reported on January 20 read more
 
 
Mall rents in Romania drop by 50%Nick Iliev
The owners of shopping centres in Romania could lower their rents by as much as 50 per cent on the back of the first signs of declining customer traffic in smaller Romanian towns, recorded in November, according to Bucharest business daily Ziarul read more
 
 
Cedar house experience first handSvetlana Guineva
This may sound like news coming from the world of fairytales, but it is now possible in Bulgaria to have your house built, including shipping and construction time, in a total of six read more
 
 
Chasing the elixirPhotography: Svetoslav StoyanovGabriel Hershman
Working 'smart' is more important than slaving for long hours, says Atanas Garov, managing director of Colliers. And his record speaks for itself... It's 6pm on a bitterly cold December evening in Business Park Sofia. Staff at the Holiday Inn and surrounding cafes are fiddling read more
 
 
Batak will have a new hotel
Yellowrose Ltd will start construction of a hotel in the town of Batak, the local newspaper Zname (Flag) reported on March read more
 
 
Media ReviewsVarious
Global house price report for 2007www.homesgofast.comThe site reports on a worldwide property survey by economists at Global Property Guide on last year's international house prices. The survey's findings confirm a crash in the US housing market, a slowdown in Europe's housing read more
 
 
Velingrad: The discriminating tourist's choice Spa lovers can enjoy a pearl bath everywhere. But only in this small mountainside town can they visit a public bathhouse. Stanislava Ciurinskiene
Based on Artu Paasilinna's bestselling novel, the film Vatanen's Hare tells the story of a life-changing trip around Canada. The movie was shot in Velingrad two years ago. The producer's decision to use this relatively unknown Bulgarian spa resort, 133km south of Sofia, caused read more
 
 
The Russians are coming...the Russians are comingWhy are Russian buyers so drawn to Bulgaria?Julia Titova in Moscow
The Russian appetite for foreign real estate is still in its infancy, particularly compared to the overseas buying frenzy among the British. Yet there is every sign that Russian buyers are on the move, aided by a flourishing domestic economy and an ever-widening choice of read more
 
 
Desert island paradiseIt's fantasy no more. For the price of a luxury villa you can buy your own enclave away from the hoi polloiNicola Stoyanov, LUX Imoti
As affluence grows, more people can afford to buy a luxury property. By doing so, they acquire not only a unique asset but also a wise investment for their futures. Bricks and mortar, especially an upscale development, appreciate in value more than a high interest read more
 
 
The Baltic bubble that burstOr how real estate buyers in Latvia snatched defeat from the jaws of victory...Stanislava Ciurinskiene
The Latvian example is a shocking reminder that an increase in real estate values is not inevitable. The property meltdown that has befallen the Baltic over the past year did not stem from economic conditions in Europe. Rather, it was a serious disintegration triggered by read more
 
 
Energy bustersNew developers, aided by landscape architects, are starting to prioritise conservation over reckless construction. And it's long overdue...Desislava Leshtarka
Real estate development is a lucrative large-scale business. So it's unsurprising that some greedy investors have an interest in exploiting every square centimetre of their plot. Unfortunately, this attitude undermines the appeal of a building as well as the comfort and read more
 
 
Invasion of the trade snatchers? Malls are spreading into smaller towns with few precedents to guide them, only the examples of big cities. Albena Pino
After an avalanche of investment in shopping centres in Sofia, Varna and Plovdiv, another trend has emerged. Entrepreneurs targeted smaller regional urban centres where markets have not yet reached the maturity of the "big three". Realtors have one simple rule for malls: one read more
 
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