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Property expo in Sofia to host discussion on opportunities from economic crisis
The fifth Balkan Property Exhibition BalPEx will be held from April 24 to 26 at the Inter Expo Centre on Tsarigradsko Chaussee in Sofia.The main focus of the event is on offers from Bulgaria and the region. Traditionally, the event also offers exchanges of information and experience, by offering and facilitating services with regional partners.
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Date: 2009-04-21 21:00:00 | Source: Propertywisebulgaria.com
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Construction output grows thanks to increase in infrastructure demand
In light of the economic downturn and the deacceleration of the dynamics in the real estate market, construction entrepreneurs and companies are redirecting their attention towards infrastructure projects, analysis from the National Statistics Institute NSI for February 2009 has revealed, as reported by Stroitelstvo Gradut.
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Date: 2009-04-21 21:00:00 | Source: Propertywisebulgaria.com
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New closed apartment complex in Boyana
A gated real estate complex on Baevitsa St in Sofias Boyana borough has been granted permission to commence construction. The design has been described as original and adventurous, and the land parcel is 7118 sq m in area. The complex consists of three buildings of irregular shape. Combined together, they are said to be quot;shaped like a rainbow quot;.
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Date: 2009-04-15 21:00:00 | Source: Propertywisebulgaria.com
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Construction free zone along the coast line
Architects have called for a 100m constructionfree zone along the Black Sea coastline. On the back of growing public discontent they have insisted for the application of article 16 of the Spatial Planning Act which guarantees a free access to the sea for everyone.
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Date: 2009-04-12 21:00:00 | Source: Propertywisebulgaria.com
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Fivestar spa hotel in Velingrad
Yet another ambitious project for a large luxurious spa hotel has been approved, and currently pending official permission to commence construction. The new establishment is set to meet the criteria of a fivestar hotel, and will be located at the foot of the Rhodope Mountain, in the borough of Chepino, the town of Velingrad.
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Date: 2009-04-12 21:00:00 | Source: Propertywisebulgaria.com
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Parcels dropped by 30 per cent in some areas of Sofia in 2008
The economic crisis has affected long term investment and construction plans in Sofia and the surrounding area, affecting the market, causing a slump in value of up to 30 per cent in some regions, according to Investor.bg
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Date: 2009-04-09 21:00:00 | Source: Propertywisebulgaria.com
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Recycle plant in Plovdiv will open for business on June 30
Ekologichen Zavod, the environmental factory in Shishmantsi village, in Plovdiv municipality, is now said to be 80 per cent complete. Construction is expected to be finalised in full by May 30, and all testing procedures have to be fulfilled within 30 days, in order to be given the goahead for regular exploitation.
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Date: 2009-03-30 21:00:00 | Source: Propertywisebulgaria.com
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Markovo Tepe Mall will open in spring 2010
The first sod of the 65 million euro project for the new retail and recreation centre, Markovo Tepe Plovdiv, was turned last week. The project is scheduled for completion by the end of April 2010.
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Date: 2009-03-29 21:00:00 | Source: Propertywisebulgaria.com
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Tishman Sofia Airport Centre will boost local economy
Sofia Airport Centre, coowned by Tishman International Companies and GE Real Estate for Central and Eastern Europe, apparently remains on track in spite of Bulgarias deteriorating market conditions.
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Date: 2009-03-29 21:00:00 | Source: Propertywisebulgaria.com
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Engel limits operations in Bulgaria and Romania
The managing board of Engel East Europe has decided to concentrate on projects in the Czech Republic, Hungary, Poland and Serbia in light of current economic developments, and limit operations in in Bulgaria and Romania only to existing projects, the company said in a filing to the London Stock Exchange, where it is listed.
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Date: 2009-03-25 22:00:00 | Source: Propertywisebulgaria.com
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LM office centre will be completed by the end of 2009
LM Office Centre will be completed by December 2009 in the western end of Varna, Bulgarias largest seaside city. The project has been designated as a Class A office building. It is an expansive complex with a modern design, a combination that will consist of luxurious offices and retail space, Stroitelstvo Gradut reports.
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Date: 2009-03-22 22:00:00 | Source: Propertywisebulgaria.com
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Neoclassic office building opens in Plovdiv centre
A brand new office building in neoclassic style has been completed and granted necessary permits to commence business in the centre of the old town of Plovdiv.The new building is in close proximity to the Suedinenie Square, perched on the north side of the pavement and Sixth September boulevard, across from the wedding reception hall in Plovdiv.
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Date: 2009-03-17 22:00:00 | Source: Propertywisebulgaria.com
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New law aims to clamp down on real estate fraud
To curtail real estate fraud, the public notary chamber has made a register to accredit all documentation and legitimise bequests for any given property, houses, parcels and others.
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Date: 2009-03-17 22:00:00 | Source: Propertywisebulgaria.com
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