News

Rental levels in Sofia's most attractive areas have marked an increase by EUR 15 - EUR 50 since the beginning of the year, shows data of a local real estate site.

For all devoted shoppers, for lovers of a pleasant visit to a cafe with friends, for movie maniacs, for families who wish to spend quality time together and fulfill every wish at a single place - for all of them, Sofia is a better pace to be as of today.

New-build apartments boast the briskest demand for housing in the capital, where most of the offers for apartments for sale are concentrated, shows data of realtors.

Over 10% of the demand for new residential properties in Bulgaria is speculative, developers said in the sidelines of the Construction and Investment Forum underway in Sofia.

Anyone who has bought property in Bulgaria will tell you that the prices are so low, it is impossible to lose, Matthew Brunwasser wrote in an article for International Herald Tribune.

24 Chassa published a survey ranking Bulgarian regions based on the property demand. Sozopol offers over 400 plots for hotel construction and prices vary from 20 to 150 euro a sq m.

Experts predict a construction boom in Sofia's centre. In two years at most new luxurious complexes would replace the old buildings in the capital, real estate companies said.

Òhe European Commission signed an agreement for the creation of a European Common Aviation Area with Bulgaria, seven more countries from South Eastern Europe, Norway and Iceland.

A completely new town will spring up in the next 1-2 years nearby Tsarevo. It will surround the famous Popski bay. The magnificent view and marvellous sea will provide good atmosphere for 25 thousand people. According to the plans of the enterprisers this will be the number of beds in the buildings which are about to be constructed.

Preferences and shopping habits of Bulgarian buyers are shifting toward larger facilities. This trend is supported by the increasing number of international-style shopping malls currently under development, as well as the number of projects in the pipeline.