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| Bulgaria Residential Property Prices up 7% in Q1 |
Date posted: 23.04.2008 |
Prices for the residential properties in Bulgaria registered an increase of about 7 percent since the beginning of the year, data of the National Statistical Institute show. |
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| Sofia set for 25% growth in 2008 |
Date posted: 07.04.2008 |
A shortage of supply in Sofia is likely to see prices increase by some 25 per cent during 2008, according to property market analysts Property Secrets. |
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| Sofia Raises Tax on Buildings by 25% |
Date posted: 28.02.2008 |
| Sofia citizens will pay 25% higher taxes on buildings in 2008, the capital's municipality announced Thursday. |
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| Where are the hot property investment areas in Bulgaria? |
Date posted: 27.02.2008 |
While some investors may have got their fingers burnt in the ski resorts of Bansko and in Bulgaria's coastal regions, it is quite a different story in the capital city - Sofia. |
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| Bulgaria property city prices will go up in 2008 |
Date posted: 23.02.2008 |
| Shortage of land in cities in Bulgaria where developers wanted to build led to lavish compensations to land owners in the form of apartments. The shortage is strongest in Sofia, Varna, Burgas and Plovdiv. As a result the prices of residential property in Sofia has increased by 25% last year (source: National Statistical Institute). The trend is expected to continue also this year, driving strongly the prices up in the rest of the country. |
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| Bulgaria to see 20% rise in residential property prices in 2008 |
Date posted: 21.02.2008 |
| Named the world's strongest price riser in 2007, Bulgaria's property market is expected to keep up its momentum this year, experts said. |
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| Broker companies are cheating to investors and buyers of real estates in Bansko resort |
Date posted: 06.02.2008 |
| This was announced after Britain Ambassador to Bulgaria Steve Williams visited the resort town in Pirin mountain. The diplomat met Bansko's mayor Aleksander Kravarov and the chairperson of the municipality council Georgy Ikonomov. |
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| Strong credit in Bulgaria |
Date posted: 01.02.2008 |
| As access to credit becomes more difficult across Europe and the European Central Bank is forced into drastic action to stave off the threat of recession, the Bulgarian credit market has remained remarkably strong. The question remains, however, whether the credit crunch will exert a delayed effect on Bulgaria or whether the country could actually benefit from Western Europe’s economic problems. |
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| 2007 Market EUR11bn |
Date posted: 06.01.2008 |
| Property market was the absolute economic leader for Bulgaria's economy in 2007 with a record-breaking turnover of 11.36 billion euro, Yavlena real estate agency data showed. |
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| Year in Review |
Date posted: 04.01.2008 |
| Real estate continued to be one of Bulgaria’s talking points and treasure troves in 2007. This article gives a summary as to all that happened on the property market during the year. |
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| Inspection Trip to Bansko |
Date posted: 15.12.2007 |
| Guardian journalist, Tony Levene, finds out what happens when he takes advantage of a £39 for two offer to see a new resort being built in Bansko. |
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| Interest from Brits Down 70% |
Date posted: 14.12.2007 |
| Interest in holiday properties in Bulgaria from UK buyers has decreased by 70 per cent. Buyers from the UK now account for 40 per cent of buyers of holiday homes and Russians 38 per cent. |
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| Bulgaria Tops For Europe |
Date posted: 08.12.2007 |
| Annualised property price growth in Bulgaria for 2007 stood at 30.6 per cent, according to a survey by Knight Frank – three percentage points above the south-east Asian economic powerhouse, Singapre. |
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| EU Standards Coming |
Date posted: 07.12.2007 |
| Bulgaria set up a special body that is to work for equalizing the real estate market standards of the country to those of the other EU member states. |
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| Varna - The Best City |
Date posted: 06.12.2007 |
| The Black Sea city of Varna enjoys the best conditions for living and working in Bulgaria, according to a survey. |
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| More Mortgage Credit |
Date posted: 04.12.2007 |
| The average amount of mortgage credits raised by nearly 11 per cent to 42 600 euro, compared to the October 2007 figures, investor.bg said. |
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| Housing Still Cheap |
Date posted: 23.11.2007 |
| Housing in Bulgaria was still the cheapest in the European Union, even though prices had increased every year for the past five years. |
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| Supply Exceeds Demand |
Date posted: 19.11.2007 |
| In 2007, demand for vacation apartments and houses, located in closed-type complexes, stood still and most investors were forced to maintain or even decrease property prices. |
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| Hyper-Construction Concerns |
Date posted: 26.10.2007 |
| A slew of tourism resort proprietors renewed calls on developers to refrain from hyper-construction and from going beyond prescribed development deadlines. |
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| Q3 Prices Up 7.5% |
Date posted: 23.10.2007 |
| The average market price of housing property in Bulgaria grew up by7.5 per cent in the third quarter of 2007, compared to the previous three-month period of the year. |
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| Sofia`s Master Plan Changed |
Date posted: 22.10.2007 |
| Sofia City Council has approved changes to the city's master plan which include setting out 10 new business industrial zones and five regions for residential buildings. |
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| Dobrinishte Project Starts |
Date posted: 19.10.2007 |
| Orbel Development AD, the company to build and complete the Dobrinishte Ski Zone project, hailed on October 18 in Dobrinishte the start of the project. |
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| New Mortgage Options |
Date posted: 19.10.2007 |
| Raiffeisenbank (Bulgaria) has launched a special residential loan programme for citizens of the United Kingdom and Ireland. |
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| Higher Demand for Lev Mortgages |
Date posted: 15.10.2007 |
| Bulgarians shifted to borrowing mostly in leva on the mortgage market in September because of expectations that the local currency might start devaluating. |
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| Spa Tourism Opportunities |
Date posted: 12.10.2007 |
| Land prices have soared around half-a-dozen spa resorts that were developed in the communist era as private investors position themselves in a new market segment. |
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| Decreased Investment |
Date posted: 11.10.2007 |
| The average return on investment in property has decreased since the beginning of 2007. The slump is most obvious in holiday and residential units – it is set at less than 5 per cent a year. |
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| Online Tourist Increase |
Date posted: 08.10.2007 |
| New research on the current state of Bulgaria's tourism industry is generally positive, with increasing numbers of tourists booking their trips online. |
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| Sofia Steelworks For Sale? |
Date posted: 08.10.2007 |
| Sofia's chief architect has told journalists that Kremikovtzi should be closed down and turned into a modern high-tech business centre with skyscrapers and shopping malls. |
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| University Property Row |
Date posted: 08.10.2007 |
| The management of Sofia University St. Kliment Ohridski, is trying to enter a building-construction deal for 18 000 sq m it owns in the eastern part of the Bulgarian capital. |
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| Buyers Move Away From Coast |
Date posted: 08.10.2007 |
| While until recently, Brits were prone to buying property at Bulgaria’s Black Sea resorts, now they were more and more turning their attention to residential and vacation property, offered at the winter ski resorts and the big cities. |
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