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Sales slump by half across country
Latest statistics on the Bulgarian real estate market, quoted on the website of PropertyWire, show that the number of properties sold in Bulgaria fell sharply in the first half of the year and that the volume of new real estate being built is also declining.
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Date: 2009-08-13 21:00:00 | Source: Propertywisebulgaria.com
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Strands to become the first outdoor shopping mall in Bourgas
The design for the first outdoors mall in Bulgaria Strand in Burgas, has been prepared by the British firm GMW Architects, and the 60 000 sq m complex was subsequently approved and granted a building permit in June, with King Strurge being the consulting firm. Total investment for the facility is expected to top 30 million euro.
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Date: 2009-07-13 21:00:00 | Source: Propertywisebulgaria.com
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Real estate prices in Bulgaria edge towards recovery
The latest report from Colliers International has indicated that the average price of a home in Bulgaria has decreased by about 14 per cent in the first quarter of 2009 as opposed to corresponding figures from 2008. It also indicated that the countrys construction sector has been hit the hardest by the global financial crisis as the drop in investment is expected to reach over one 1.2 billion euro.
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Date: 2009-07-12 21:00:00 | Source: Propertywisebulgaria.com
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