Real Estate News from Bulgaria

Real Estate

27 August 2011

Bulgaria Ranked 1st in Europe by Low Construction Cost

Building construction in Bulgaria is the cheapest in Europe, according to a comparative analysis of the EC Harris company, specializing in construction consulting. The Bu...

Real Estate

17 August 2011

RGI's Europa Capital Completes Acquisition of 'Mall of Sofia'

Europa Capital LLP, a member of the Rockefeller Group, has completed the acquisition of Mall of Sofia, the first shopping mall in Bulgaria's capital, the company has anno...

Real Estate

13 August 2011

Bulgaria Back to Top 10 Best Places for British Buyers

Bulgaria has partly regained its popularity among overseas buyers, breaking back into the top ten most preferred real estate markets for Britons, according to a UK guide...

Real Estate

10 August 2011

742 New Residential Buildings in Bulgaria in Q2 2011

The number of completed new buildings increased in the second quarter of 2011, but the number of dwellings in them decreased, according to preliminary data the National S...

Real Estate

10 August 2011

Bulgaria's Real Estate Market Stabilizes, Credit Demand Up - Report

The number of new mortgage loans has gone tangibly up in Bulgaria in the second quarter of 2011 as the real estate market and banking activity are becoming more dynamic,...

Real Estate

10 August 2011

Bulgaria's Residential Properties Prices Keep 'Going Down' Trend

The average market price of residential properties in Sofia is down over 10% in the second quarter of 2011, compared to the same period of last year. The data comes from...

Real Estate

9 August 2011

Illegal Buildings Demolished at Top Bulgarian Beach Resort

The Bulgarian authorities have demolished more than 15 illegal buildings in the country's largest and most popular summer resort Sunny Beach. The buildings have been loca...

Real Estate

15 July 2011

Bulgarian Winter Resort Property Prices Collapse Further

The properties on sale in Bulgarian winter and ski resorts are continuing to go down, according to an analysis of Bulgarian Properties, a real estate agency. The demand f...

Real Estate

22 June 2011

Bulgaria Ranked 6th in World by Property Price Drop

Bulgaria's real estate market is ranked sixth in the world by the property price drop in the first quarter of 2011, according to a study of the global property services a...

Real Estate

19 May 2011

Bulgarian Capital Has Only 5 500 Rooms in City Hotels

There are only 5 500 rooms in three-, four-, and five-star hotels with more than 50 rooms in the Bulgarian capital Sofia, according to data announced by property consulta...

Real Estate

4 May 2011

Bulgaria's National Palace of Culture to Become Public Company

The Bulgarian National Palace of Culture (NDK) in downtown Sofia is to become a public company, the country's Council of Ministers decided Wednesday. NDK will be a state...

Real Estate

27 April 2011

Bulgaria's Sofia Starts 'Unfreezing' Its Construction

Vast construction projects in the Bulgarian capital Sofia, such as malls, office buildings, trade centers and residential buildings have been launched again as the financ...

Real Estate

26 April 2011

TransGlobal Assets Contracts Bulgarian Construction Firm for Black Sea Resort

TransGlobal Assets, an Oregon-based company, has contracted Bulgarian construction firm Sofstroy for complete the development of the White Lagoon Black Sea resort, a USD...

Real Estate

25 April 2011

Sofia Residents Demand Ban on Construction

Residents of Lyulin, one of the largest neighborhoods of Bulgaria's capital Sofia, gave a press-conference Monday to announce their demands for a ban on construction in t...

Real Estate

21 April 2011

Bulgaria Sees 5.6% Drop in Dwelling Prices

The market price index of Bulgaria's dwellings for the first quarter of 2011year on year was 94.4%, i.e. the average decrease of the market prices of the dwellings was 5....

Real Estate

31 March 2011

Bulgaria's Shopping Mall Space with Largest Growth in Europe 2010

The space of offering in shopping malls in Bulgaria grew by 475% in 2010 year-on-year, according to a Cushman & Wakefield report announced by its local partner Forton Int...

Real Estate

28 February 2011

EUR 40 M Office Complex, Hilton Garden Inn to Be Built in Sofia

A new office complex with a Hilton Garden Inn hotel will be opened in Bulgaria's capital Sofia in the third quarter of 2011, according to reports. About EUR 40 M will be...