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16.01.2008 Bulgaria’s 2008 Investment Potential

www.obeliskinternational.com

The property market of Bulgaria has achieved an incredible rate of growth over the past few years, bolstered by a fast-growing economy and its admission into the EU in January 2007. Bulgaria’s National Statistic Authority noted that property prices have grown by 15% during the first half of 2007, with Knight Frank’s Global House Price Index registering a 27% increase over the past year, and are predicted to grow at the rate witnessed during the Spanish market boom, as the figures all point towards a fantastic opportunity for property investment.

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LATEST REGIONAL NEWS
China Invests in Agricultural Land in Bulgaria

18/November/2011
after Capital Daily, 18.11.11

The Chinese state company Tianjin Agribusiness Company made its first investment in Bulgaria, the Bulgarian Ministry of Agriculture informed today. The company rented 20,000 decares of land in Bulgaria's Northwestern Region (near the town of Vidin) on which it will grow corn, forage, and sunflower. This is the first stage of the 10 million euro project as the company intends to invest 20 million e... read more

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The real estate market in Sofia in 3Q 2011

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

LATEST REGIONAL NEWS
Three new malls in Sofia – more cinema theaters and an ice-skating rink

01/November/2011
24 Chassa, vol.296, 31.10.11

Amusement – this is what the new and the already existing malls in Sofia and the country are focusing on after the consumption of clothes, shoes and home goods decreased due to the crisis. For example, the new mall which is being built in the quarter of Lozenets is announced as a lifestyle mall. Apart from famous brand shops, restaurants, coffee shops, a bowling hall, an arcade, a gym, and a cinem... read more

DID YOU KNOW?
Global Housing Market Stagnates in 2011

13/January/2012
Knight Frank

The Knight Frank Global House Price Index*, which tracks the performance of the world’s mainstream housing markets, showed zero growth in the three months to September. This was the index’s weakest performance since Q2 2009.

The third quarter saw mounting pressures on the global econom... read more

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