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07.03.2007 BULGARIA HOME PRICES OUTSTRIP FORECASTS
Dnevnik
The momentum from the back-end of 2006 has carried over into the first months of 2007. The realtors said the buyers were still keen to take advantage of Bulgarian property prices which continue to lag EU levels. The same argument is used by sellers to jack up their price offers.
The experts concur there will be no downward correction in 2007 due to strong demand. According to some real estate agencies, homes have added 6-8% in eight of Sofia's residential districts. In addition to homes in the city center, the biggest increases were recorded in Krasno Selo and Lyulin.
Home prices in the center of Burgas rose from 800 to 1,000 euro/sq m. Brick and newly-built apartments in Varna have appreciated by 5% so far in 2007. The price of pre-fab homes in Sofia, Varna and Burgas is unchanged from the end of 2006. The local banks are adding to the pressure on home prices with the marketing of various lending and otherwise incentives. According to the lenders, they finance 80% of homes buys.
Read more news
20/February/2012
bulgariaski.com
A lot of snow, music, shows on the ski runs and a real constellation of famous stars - this is how Bulgaria's top ski resort of Bansko looked before the start of the World Ski Cup.
The legendary skier Alberto Tomba arrived in Bansko just a few hours before the ski race. Tomba first arrived in Sofia and was transferred to Bansko by a helicopter. Bansko also welcomed half of the mem... read more
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03/August/2011
Polina Stoykova, Chief Operations Manager, BULGARIAN PROPERTIES
BULGARIAN PROPERTIES’ index of the listing prices of apartments in Bulgaria’s biggest seaside resort – Sunny Beach – shows that at present prices of holiday apartments there are 50% lower compared to their peak values in 2008.
With index value of 100 in December 2008 in July 2011 it is already 51.29 which shows an almost 50% decrease in the listing prices compared to their highest ... 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
29/March/2012
Horizont program, Bulgarian National Radio
Polina Stoykova, Chief Operations Manager of real estate agency BULGARIAN PROPERTIES, gave an interview for Horizont program of the Bulgarian National Radio, in which she comments the holiday home market in Bulgaria. According to the data of the company the foreign buyers are the most active parties ... read more
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