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24.04.2009 Prices of Sofia Residential Property Down by 16.6% 1Q 2009
profit.bg, 23.04.2009
According to the data the decrease for the first three months of 2009 amounts to 8.4% on an annual base.
The prices of real estate in the capital Sofia have fallen significantly by 16.6% to an average price of 1,980 BGN/sq.m. (about 1011 EUR/sq.m.) which means that properties in Sofia are no longer the most expensive in the country Varna taking the lead.
In Varna property prices have decreased by only 5.7% in the first quarter of 2009 year-on-year to 1982.17 BGN/sq.m. (about 1013 EUR/sq.m.).
There is a decrease in prices of real estate in all regional cities as it is most considerable in Veliko Tarnovo – by 25.1%, in Kyustendil - by 21.5%, in Blagoevgrad - by 20.5%, in Rousse - by 18.8%, and in Vidin - by 17.8%.
The residential property price index for the first quarter of the year compared to the same period last year is 91.6%.
The average price of residential properties in the country is 1190.72 BGN (about 609 EUR).
The properties in the region of Shoumen are the least affected by the crisis as their prices have decreased by just 2.3%.
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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
10/November/2011
BULGARIAN PROPERTIES Head Office
The Law on the Trade Register applicable to the activities of all Bulgarian companies, which came into force on 1.01.2008, states that all existing companies must be registered in the new online register by 31.12.2011. If this is not done, they will be removed from the register of companies in Bulgaria resulting in loss of their assets (including properties). After 31.12.2011 the companies that ar... read more
08/August/2011
BULGARIAN PROPERTIES
The Bulgarian government has decided to give the airport in Balchik to the Ministry of Transport, Information Technologies and Communications. The government intends to turn it into a civil airport.
At present Balchik Airport is an inactive military airport. The change in its function will improve the flight services along the Bulgarian Black Sea coast, especially during the high s... read more
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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