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01.09.2008 BULGARIAN PROPERTIES Take Part in BalPEx Press Conference


In anticipation of the 4th Balkan Real Estate Exhibition BalPEx, which is to be held from 10-12 October 2008 in Bulgarias capital Sofia, today Hilton Hotel Sofia hosted а press conference the participants of which were leading real estate companies. BULGARIAN PROPERTIES - which is also a silver sponsor of the exhibition - represented by its CEO Mihail Chobanov was also part of the event whose main topic was The 2008 Real Estate Market in Bulgaria Great Demand, Great Supply, Great Misunderstanding.

On the question what direction the Bulgarian real estate market has taken in 2008 Mihail Chobanov commented that this year the market has calmed down and has divided into segments. Mr. Chobanov explained that there are already three separate segments: lower, middle, and luxury as it is in the luxury segment that we are witnessing a stable price increase.

The main topic discussed at the press conference was that now the buyers are not looking to buy just a property anymore, they are looking for the whole package: a property with an attractive and friendly environment and additional amenities to go with it.

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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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In 2018, 90.7% of Bulgarian Households Are Living in Their Own Dwelling


In 2018, 90.7% of households are living in own dwelling and 6.6% are living in dwellings free of rent, according to the report of the National Statistical Institute.

2.7% of the observed households are living in rented dwellings - 1.9% of the households pay free rent and 0.8% municipal rent. 9.4% of the households also possess a second dwelling. 93.2% of households are living in dw... read more

Online Platform Solves the Parking Problems in Sofia


Shared online parking platform is about to put an end to problems with the parking in Sofia. It's about Parknshare - it connects those who rent a parking space with those who are looking for it. All this in real time and with navigation, reported by

The creators of the platform are Peter Ivanov and Lachezar Mladenov.

Peter is a programmer by profession. He f... read more

Which are the 20 most Powerful Brands on the Bulgarian Market in 2019?


When consumers wonder what brand to buy, Bulgarian consumers are mainly guided by the opinions of friends, not the famous people who use a particular brand. This shows the results of a GfK study in Bulgaria as part of the global Superbrands program for 2019.

Participants were 2095 men ... read more