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07.02.2008 Bulgaria - World Leader for Property Investment
www.obeliskinternational.com
As the world's strongest property market in 2007, Bulgaria property investment has made a huge €2.36 billion increase on 2006 figures, and is successfully keeping up the momentum for 2008.
Many local and international property experts predicted the year's increase to reach 25% to 30% however by September the market had actually risen by 32% and many major cities, such as Sofia, are already recording impressive growth this year.
The huge property price rise has been largely attributed to a good mortgage market, high annual revenue of properties and the weak impact of the world's financial crisis on Bulgaria. The Bulgarian financial market has not been impacted by the US sub-prime crisis due to no cross-border banking, with consumer borrowing continuing at a steady growth rate.
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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
18/August/2011
Capital newspaper
New construction in Sofia continues to decrease and started buildings have less apartments, housing statistics reports quarter after quarter. Recently built brick mastodons are replaced by small buildings with one or two entrances and 10-15 apartments.
The reasons are different – there are no buyers, entrepreneurs do not want to risk and at present banks do not tend to finance larg... read more
28/September/2011
www.VisitBulgaria.net
We present to you the Bourgas salt pits – the biggest natural open air spa centre in Bulgaria.
The red lye is a natural balm with proven healing qualities for the locomotive system, skin diseases and even for common colds.
The healing mud has positive impact on the nervous system and gynecological diseases, specialists claim. According to doctor Diana Borisova, the ... read more
19/May/2012
Monitor Daily, 19.05.2012, excerpt
Real estate agency Bulgarian Properties announced the launch of their new service Skype Viewings.
According to the company this way the buyer will be able to get an initial visual idea about a number of properties very quickly. Usually a Skype viewing lasts 15-20 minutes. During this ... read more
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