REGIONAL NEWS

24.04.2009 First Mall Opens in Bourgas

Pari Daily, vol.9, 24.04.09

The first mall in the seaside city of Bourgas opened its doors on April 23rd. The 60-million-euro investment makes it one of the biggest investments in the Black Sea city. The owners are Cort Holding and Bridgecorp through the company Bourgas Plaza.

The mall is built on a plot of land of 52 decares (52,000 sq.m.). The two-storey building has over 90 shops, restaurants and coffee shops. Bourgas Plaza is the first mall in Bulgaria with an open-air parking lot on the rooftop of the Carrefour hypermarket.

Due to the slow property market at the moment the investors are not planning to sell the mall but to manage it. Almost 90% of the trade areas in the mall are already rented out as the expected annual rental income is 6 million euros.

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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

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Latest News
EU citizens can now buy properties in Bulgaria with no need to register a company

09/May/2012
Polina Stoykova, Chief Operations Manager of BULGARIAN PROPERTIES

It is widely known that when buying a house with a garden or a plot of land in Bulgaria a foreign buyer needs to register a Bulgarian company because land cannot be sold to foreign persons.

The good news is that this rule has changed and EU physical and legal persons are now allowed to buy properties that come with land in their own names.

The Treaty of Accession of ... read more

LATEST REGIONAL NEWS
German Sky Airlines Flies to Bulgaria’s Bourgas

27/July/2011
pochivka.com

A new airline has entered the Bulgarian market. The Bulgarian seaside city of Bourgas welcomed the first flight of German Sky Airlines a few days ago. The airline company will have regular flights every Friday until the end of the tourist season.

The 181 passengers from Düsseldorf were welcomed with Bulgarian roses and souvenirs. Each of the passengers also received a guidebook wit... read more

DID YOU KNOW?
BULGARIAN PROPERTIES' Chief Operations Manager: Foreigners are the most active buyers of holiday homes

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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