Sofia home price up, supply of holiday homes slows
2008-02-27
The Sofia residential market stayed strong throughout the second half of 2007 and, according to the latest research findings from Colliers International, displayed significant price increases in most locations. The largest increases were in the Ivan Vazov neighborhood with a hike in average asking s...
Resort hotels facing piecemeal disposal
2008-02-20
The owners of some hotels on the Bulgarian Black Sea coast are revamping them into holiday home properties as concerns mount about the outlook for domestic real estate investments. The trend is especially evident in coastal resort Golden Sands, said local realtors. At the moment, there are apartment...
Winslow Developments to start construction of residential complex in Sofia
2007-12-28
Property developer Winslow Developments said it will start work on a residential community in Sofias Manastirski Livadi district after its local subsidiary Limex City secured the necessary building permit. Limex City is a unit of Prima Investments which itself is a joint venture between Winslow...
1 bln levs budgeted for road improvement in 2008
2007-12-14
Some 1 bln levs will be invested in the national road infrastructure in 2008, said Veselin Georgiev, director of the national road infrastructure fund. The resource will comprise funding from the state budget, EUs transport and regional development operative programs and the World Bank.Allocations f...
Winslow Developments and Deutsche Bank team up for a Bankya residential project
2007-12-06
Property developer Winslow Developments and RREEF, the real estate investment arm of Deutsche Asset Management, the global investment management business of Deutsche Bank, have teamed up for a 252 mln lev gated residential community project in Bankya, one of Sofias outlying neighbourhoods. The compo...