Archive for the ‘Property News’ Category
-
Interesting news from Bulgaria - 16 July 2008
Wednesday, July 16th, 2008
Real estate investment trusts will not to be allowed to develop projects, according to proposed amendments in the special legislation for them, which are discussed in the Financial Supervision Commission. After the changes in the Special Purpose Vehicles Act, REITs will only be allowed to invest and make profits through property acquisitions, sales and leasing. [...]
-
New property opportunities in Bulgaria
Tuesday, July 15th, 2008
As many developers wonder how to sell the huge amounts of apartments scattered around Sunny Beach or Bansko, others seem not to be so worried by the second homes market collapse. The projects continue to sprout - yet mainly in winter or seaside resorts - but also in other places in Bulgaria - either in [...]
-
Bulgaria property prices in Vidin soar 250%
Sunday, July 13th, 2008
The price of properties in Vidin, alongside the Danube River, has soared three-fold on the background of progressing negotiations for the construction of the second Danube Bridge in the Vidin area.
Last year the government signed a crucial agreement over the project funding with €70 million from the European Commission. The second bridge on the Danube [...]