12.05.2008

New 160 Million Stadium projected for Varna

A new "Varna" stadium is in the works with an expected investment amount of 160 million leva. However, according to statements made in front of reporters by the contractor "Project Management Company" and the investor "Sports Complex Varna”, the sum could end up even higher. The majority of the investor's shares...
read more...

12.05.2008

Bulgarian Union of Tourism Investors showcases Bulgaria in Madrid

The Bulgarian Union of Tourism Investors is currently advertising Bulgaria during the Day of Europe, which opened Friday, May 9 in the Spanish capital Madrid part of the Week of Europe celebrations. The week was opened with the Bulgarian exhibitions dedicated to the Cyrillic alphabet. The presentation of Bulgaria as a tourist destination is par...
read more...

12.05.2008

Bourgas will have its Own Skyscraper

The first skyscraper in Bourgas will be erected in the Meden Rudnik Quarter, which is located in the southeast part of the Bulgarian Black Sea city. GM Story, a Bourgas based company is the investor in the project, while the architectural bureau PP Iris 2001 and ISP Digital Management are creating the design. A special crane, imported from F...
read more...

05.05.2008

Bulgaria Ranks Second for Residential real Estate Prices for the entire 2007

Bulgaria has ranked second in the world by the residential properties price increase for the year 2007. During the second quarter of last year, Bulgaria was the leader in this area, however, as a total increase, for the entire year the country was pushed back to the second place by the China city and province of Chinghai where the price increase is...
read more...

05.05.2008

Veliko Turnovo Registers Record Commercial Property Price

Commercial real estate in Veliko Turnovo has reached the record price of 6000 EUR per square meter. This price corresponds to the levels typical for the Losentets neighborhood in Sofia and downtown Varna and Bourgas. The news comes from the local newspaper “Yantra Today” as well as local brokers. This was the price for the sale of a ...
read more...

05.05.2008

New Defense Minister Stops Military Property Exchanges

The new defense minister of Bulgaria, Nicolay Tzonev has put a stop on the exchange of properties belonging to the Bulgarian Defense Department. According to the internet site of the Executive Agency “State Property” many exchanges have been planned for the year 2008. They include mainly ground level spaces of residential buildings &nda...
read more...

25.04.2008

Residential Property Prices in Bulgaria Increase with 6.8%

Data for the apartment prices in Bulgaria during the first trimester of 2008 has been published by the National Statistics Institute (NSI). According to this data the average apartment price in Bulgaria reached 1300 per leva per square meter for the January - March 2008 period, which makes the average market price per a square meter of residential ...
read more...

25.04.2008

Bulgaria Registered Record Number of Real Estate Transactions in 2007

According to research conducted by Arco Real Estate, a total of 325 385 real estate transactions were registered in Bulgaria in 2007. This is considered a record with the number being 4% higher than the one registered in 2006. The cities of Sofia, Plovdiv, Varna, Bourgas, and Ruse and the vacation town of Nessebar had the biggest number of real...
read more...

25.04.2008

Winter Resorts in Bulgaria visited by More Foreign Tourists in 2008

Aneliya Krushkova, Head of the Bulgarian State Tourism Agency announced this week that, the number of foreign visitors in the Bulgarian winter resorts for January and February of 2008, has increased with 23.4% compared to the same period of last year. (2007) The data is based on a survey about winter vacations in Bulgaria. The survey’s res...
read more...

21.04.2008

Bulgaria takes Ninth Place as a Popular Tourist Destination for Germans

The GIATA-Ranking Agency has ranked Bulgaria ninth among Germany's most popular tourist destinations. The ranking is based on analysis of the activity of 16 000 travel agencies in Germany, offering reservations at 60 000 hotels around the world. The country ranking index has improved from 1.7 in March, 2007, to 2.2 in March, 2008. Spain is ...
read more...

next »