10% of Residential Demand in Bulgaria is Speculative
At the Construction and Investment Forum in Sofia held in June the developers have complained that over 10% of the demand for new residential properties in Bulgaria is speculative.
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UK millionaire bought an entire coastal resort in Bulgaria and give it his name
The 31-year-old UK millionaire Scott Alexander has bought a sea town in Bulgaria for £3m and he considers that its 1,000 residents are quite excited, reports The Independent on June 6, 2006.
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Caution: The part of the shared building space is not a part of the apartments area
The area shown in the apartments’ advertisements must be the same as in the Notary act. But the inventive Bulgarians have found many ways to increase the area when selling the property. And it is not only a common practice of the property owners, but also of the real estate brokers and developer companies.
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Is the Bulgarian property boom like the one in Spain
More than 800 000 building permits are issued this year in Spain – the number greater than for the UK, Germany and France together. This is record breaking statistic, even for Spain with the years of rapid overbuilding, which worries the experts. The economists warn that the building rate is too high, even risky for investment.
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Bulgarian constructor Dinevi & Co starts apartment complex in ski resort Pamporovo
The new building project name is Grand Manastira (Grand Monastery). The site is located in the ski resort Pamporovo.
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