ARTICLES
Construction Boom Aftermath: Over 73,000 New Apartments
Sega Daily, vol.107, 16.05.09, p.5
Recently the data from real estate companies in Bulgaria showed that there are over 115,000 new and resale offers on the market but business is slow. The reason for that are the high expectations of the sellers and the almost non-existing lending as banks have tightened the lending procedure.
Statistics shows that in 2008 Bourgas was the city with most new buildings. Varna comes second with 4,298 new homes and Sofia is third with 3,725.
Although new apartments are growing in number they are decreasing in living area. The properties built last year had an average area of 78.2 sq.m. which is 2 sq.m. less compared to those built in 2007.
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27/October/2011
Polina Stoykova, Chief Operations Manager, BULGARIAN PROPERTIES
The property market in the capital Sofia was one of the first local markets in Bulgaria to react to the trend of an increase in sales as early as in the beginning of 2011. After the strong start of the year we witnessed a slowdown in sales during the summer months and although the concluded deals were more compared to the same period last year this growth was very small, based on BULGARIAN PROPERT... read more
18/November/2011
www.jobs.bg/hc
Litex Motors’ team of young engineers manufactured the first Great Wall car from the test production in the company’s factory near the town of Lovech. The car is Great Wall Voleex C10.
Thus Litex Motors begins testing and synchronizing the equipment and the production lines in the factory and introducing the system of quality of the manufactured cars. The qualified staff in the fact... read more
20/December/2011
europolitics.info, 15.12.2011
The European Commission is preparing to step up surveillance of housing markets in an attempt to prevent the kind of crash that sent the Irish government begging for aid from the EU and IMF to bail out banks heavily exposed to the property market. In the pipeline are a series of proposals on mortgage... read more
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