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08.10.2008 BULGARIAN PROPERTIES Director Mihail Chobanov on Bulgarian National Television


BULGARIAN PROPERTIES Executive Director Mihail Chobanov was invited to the Bulgarian National Television morning program Denyat Zapochva to comment on the situation of the real estate market in Bulgaria.

Mihail Chobanov pointed out that there is no crisis on the Bulgarian real estate market and that there is a decrease in the prices only in the holiday home segment which is mainly due to bad location and low quality of the construction.

On a question about the decrease of the real estate prices Mr. Chobanov stressed that one should differentiate between the different segments on the market and not put all properties under one denominator. Thus there should be a clear differentiation between holiday homes, residential properties and business areas as each one has different characteristics.

When asked by the hosts to advise the real estate buyers what to do Mihail Chobanov told them to buy only quality properties as what should guide them is the quality of the construction, the location, the amenities and the extras and, of course, the lucrative price.

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The First "Bile Fest" - Herbs Dedicated Festival Will Be Held on the St. Anastasia Island in Bourgas


The island of Saint Anastasia will welcome guests with folk rituals for health and fertility in the first edition of the "Bile Fest", a heraldic festival, announced Burgas Municipality.

More than 50 participants will take part in the event with herbs and healthy foods, curative extracts and ointments, and will show the authentic ways of preparing them.

The accompanyin... read more

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Latest News
New 64,000 sq.m of Office Space in Sofia


64,000 square meters of new offices were put into operation in Sofia in the first quarter of the current year. Thus, the percentage of vacant areas is slightly higher - from 9.5% to 9.8%. Major clients continue to be IT and BPO companies.

A high percentage of office buildings that have been put into operation have managed to find their tenants before they open their doors. Because o... read more

Asian Festival Sofia 2019


The third edition of the Asian Festival will be held on Saturday, June 15th, 2019, from 10am - 8pm, in Borisova Garden, Sofia.

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Bangladesh, Peo... read more

The film Omnipresent is Bulgarias 2019 Oscar foreign language film nomination


Omnipresent, directed by Ilian Djevelekov, is Bulgarias foreign language film nomination for the 2019 Oscars, the National Film Centre has announced.

The plot of the film is centred on Emil, a writer and owner of an advertising agency and his obsession for spying on his family, friend... read more