Bulgaria property investment - news from Bulgaria, property market ...
Also on the flight were French first lady Cecilia Sarkozy and European External Relations Commissioner Benita Ferrero-Waldner. Also present was French ambassador Etienne de Poncins. Also there to greet them were several high-ranking Bulgarian officials, including Foreign Minister Ivailo Kalfin. Although most Bulgarians prefer to have a house near their city, they are increasingly focusing their interest on property at distance more than 20km out of town. As they reached the foot of the stairs, their families rushed to them with hugs and kisses. Average sale price of residential units there reached 525 euro per sq m. Bourgas Airport increases capacity by 40 per centPropertyWise: 2007-07-13Bourgas Airport is the busiest in Bulgaria during the summer season.Bourgas Airport is expected to increase its capacity by 40 per cent this summer. Bourgas Airport is the busiest in Bulgaria during the summer season.87. Britons come to Bulgaria attracted by the mountains, the sea and the exceptional nature, Leake said. Brokers expect the annual price hike to reach 15 or 16 per cent. Bulgaria visited by 500 000 Brits in 2006PropertyWise: 2007-07-11Britons come to Bulgaria attracted by the mountains, the sea and the exceptional nature, Leake said.More than 500 000 UK tourists visited Bulgaria in 2006. BULGARIANS INCREASINGLY BUY VILLAS FAR FROM HOMESofiaEcho: 2007-08-06The market in village property, until recently driven by interest among Irish and UK investors, is gaining popularity among Bulgarians. Bulgaria's property market can hardly maintain attractive price levels for investors, even in resorts, said the Romanian publication. Buyers are starting to look at houses 40 km northeast of Sofia, focusing mainly on the villages of Kostinbrod, Slivnitsa and Novi Iskar. Golf Club Ibar is a joint company set up by Dolna Banya municipality and Lazarov Nedev construction company.92. In the Romanian resort Mamaia the same property will cost as much as 120 000 euro. Inflations in the second quarter was 2 per cent, which means that in real terms property prices grew by an average 3.4 per cent. Instead of investing their money in holiday property at the seaside or in mountain resorts, many Bulgarians prefer to buy houses in villages so that they can use them as villas at weekends, Kapital weekly reported. It has nine new registration desks and two border checkpoints. Leake said that it was important for tourism companies to decide which is more important, to attract fewer but wealthy tourists or larger groups of tourists with less money to spend, the newspaper reported. Leake was on a day visit to Smolyan during which he met the mayor of Smolyan and management of the regional administration. Many tourists came to Bulgaria, bought real estate and stayed in the country, UK deputy chief of mission Nick Leake said for Monitor. More than seven million leva was invested in increasing the airport�s capacity. Nearly 600 UK people live in the region of Smolyan. Others are even ready to live in a village and commute to work. Prices for residential real estate in Bulgaria's 28 biggest cities and towns grew by an average 5.4 per cent in the second quarter of the year, down from 9.3 per cent in the previous three month, National Statistics Institute (NSI) data showed. Prices of off-plan units in the suburban area can reach 1200 euro a sq m.Prices of off-plan apartments in Mladost and Liulin have registered a significant increase, as well. Property prices in Bulgarian cities grow by 5.4 per cent on average from April to June 2007PropertyWise: 2007-07-26The average price paid for residential properties in the areas covered by the NSI survey was 1041.1 leva, compared to 988. Property prices in certain villages near Sofia, including Pancharevo and Kokalyane, have already become too high. Rental levels in the two countries are similar, Hotnews reported. Simeonovo and Dragalevtsi, formerly outlying villages, have become part of Sofia. Soon after the door opened, the medics were the first to appear on the walkway. The average price paid for residential properties in the areas covered by the NSI survey was 1041.1 leva, compared to 988. The average sale price of residential units around the country in the period from January to June is 692 euro per sq m, compared to 627 euro per sq m in the period from July to December 2006. The cheapest 75-sq m off-plan apartment is offered for 39 800 euro, or 531 euro a sq m. The course alone is worth 17.5 million leva. The course is a new concept from Nicklaus Design. The European Commission was represented by its senior official in Sofia, Michael Humphreys.Photographers crowded around for the moments of reunion. The event was broadcast live on all Bulgaria�s national television channels. The French delegation had been in Libya in recent days negotiating the medics� release. The highest price hike was registered in Nadezhda, Liulin, Manastirski Livadi and Drizhba residental districts. The increase will become possible thanks to the new departure terminal, the airport's concessionnaire Fraport Twins Star Airport Management said. The main factor influencing purchases is the nearness of a property to a big town. The medics� return followed the payment of millions of dollars in a financial settlement to the Libyan childrens� families, and the more recent negotiations involving European Commission and French representatives.90. The medics were earlier given life sentences, commuted from previous death sentences, for deliberate infection of hundreds of Libyan children with HIV, charges denied by the medics and rejected by Bulgaria and many other countries. The new terminal is connected to the existing departure terminal. The number of flights every 24 hours is at least 120 and the number of passengers exceeds 18 000.93. The port city of Varna continues to benefit from the seaside real estate boom and has the highest prices -- 1 710 leva a sq m, per, a 3.9 per cent increase for the period.91. The price is comparable to the average price of an apartment in Plovdiv, which is 534 euro per sq m.The price of residential properties in Sofia increased by 11.98 per cent. The renovated luggage system can handle large aircraft with more than 250 passengers. The same trend has been seen in the regions of Veliko Turnovo and Rousse. The terminal has all the necessary equipment and facilities to assist people with disabilities. There will be an even greater price increase on luxury properties.Apartments in the city of Blagoevgrad registered the highest price rise, at 22 per cent. This is normal, as prices in these suburban areas were the lowest in the capital, so many buyers turned their attention to them.89. This was the first project of its kind in the world, the investors said. Two-bedroom apartments in Bukstone residential district registered the highest price increase - 86 per cent. With tourism sector representatives, he discussed opportunities for the development of the region. Year-on-year, residential prices grew by 27 per cent in absolute terms, or 21.4 per cent in real terms.
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