News and articles about Real Estate in Bulgaria

Austria Commercial Counselor: Bulgaria Can Allay Crisis with Infrastructure Devt
... and medium run? A: Austria is the major investor in Bulgaria. I believe that in the short term Austrian investment in real estate will slow down and will be partially replaced by investment in production facilities. Production facilities close to ... Mon, 17 Nov 2008 20:12:48 GMT

Financial Crisis to Shift Austrian Investments in Bulgaria to Manufacturing
The global financial crisis is likely to cause Austrian investors in Bulgaria to withdraw from the real estate sector, and to shift their focus to investments in production facilities and logistics. Mon, 17 Nov 2008 20:12:41 GMT

Business & Finance
... quarter is the smallest increase for more than two years. The slowdown is attributed to a slump in construction, real estate and hospitality services, the Cyprus statistical service said. However, Cyprus still has one of the highest rates of GDP ... Sat, 15 Nov 2008 09:25:51 GMT

Trading truth for broken bones in Bulgaria
... was no warning on the September night that he left the Kiparisite restaurant in Sofia after meeting Evelin Banev, a real estate entrepreneur who is under investigation for money laundering. Stefanov was attacked by four men in black with pipes and ... Fri, 14 Nov 2008 11:04:44 GMT

Headlines in Bulgarian papers on November 13 2008
... by AmCham in Sofia on November 12. 24 Chassa daily reports that tax authorities have started checking the income and real estate of 267 Bulgarians. Sources cited in the paper said that the people in question could be separated into three groups: ... Thu, 13 Nov 2008 10:22:37 GMT

Iva Pushkarova, executive director of the Bulgarian Judges Association.
... was no warning on the September night that he left the Kiparisite restaurant in Sofia after meeting Evelin Banev, a real estate entrepreneur who is under investigation for money laundering. Stefanov was attacked by four men in black with pipes and ... Wed, 12 Nov 2008 21:15:28 GMT

Bulgarian energy tycoon investigated for tax fraud, released on record-high bail
... said in Novemeber 12 2008. Prosecutors have launched a pri-trial investigation against Kovachki on suspicion of tax and real estate frauds, searching the offices of 17 of his companies. Kovachki confirmed the news to Bulgarian National Radio (BNR), ... Wed, 12 Nov 2008 14:55:20 GMT

Credit crunch bursts Baltics' property bubble
... where heavy dependence on foreign cash and external deficits on trade and capital have raised the risk of crisis. Real estate agencies say at least a third of Bansko's 2,200 foreign-owned holiday flats - many bought over the internet without their ... Sun, 09 Nov 2008 14:47:16 GMT

Tales of the real estate mafia
AN EXAMPLE: Sofia mayor Boiko Borissov is one of the showcase scenarios used by real estate mafia. Fri, 07 Nov 2008 08:04:14 GMT

A nun's cell with a view: book details holy stays
... over 35. They're just the perfect place to stay because they are cheap, clean and safe. Churches always knew how to buy real estate, so they're always in fantastic positions. Q. What has been your most memorable experience? A. I visited a French ... Wed, 05 Nov 2008 18:23:31 GMT

Credit crunch bursts Bulgarian property bubble
... where heavy dependence on foreign cash and external deficits on trade and capital have raised the risk of crisis. Real estate agencies say at least a third of Bansko's 2,200 foreign-owned holiday flats -- many bought over the internet without their ... Wed, 05 Nov 2008 15:08:18 GMT

Bulgaria's Varna Registers Significant Reduction in Real Estate Transactions
The global financial crisis has lead to a significant reduction of real estate deals in Bulgaria's Black Sea capital Varna, Borislav Borislavov, Deputy Mayor for Finances from the municipality of Varna reported ... Tue, 04 Nov 2008 19:11:01 GMT

Bulgaria Opens First Visa Center in Moscow
... wishing to visit Bulgaria has increased significantly in the last years, adding that many Russians were also purchasing real estate property in Bulgaria, thus the need of issuing visas faster and improving the services' quality. The Bulgarian visa ... Fri, 31 Oct 2008 14:07:58 GMT

Shopping for malls
... The new owner DEGI (Deutsche Gesellschaft fur Immobilienfonds) was founded in 1972 and is one of the largest German real estate investment funds. The company has two smaller divisional funds for property with private shareholders, and another ... Fri, 31 Oct 2008 11:21:31 GMT

Delegation from Bulgaria gets look at cityAnother chapter in the...
... earn a larger salary than a Council member. It was the 10th trip to Jacksonville for Miroslav Atitch, who works in the Real Estate Abroad Directorate of the Republic of Bulgaria's Ministry of Foreign Affairs and served as the group's interpreter. He ... Wed, 29 Oct 2008 14:24:13 GMT

London-listed property funds squeeze Bulgarian projects
Two funds listed on the alternative investment market of the London Stock Exchange said they would slash real estate investments in Bulgaria because of the ongoing financial crisis. Mon, 27 Oct 2008 11:51:13 GMT

UK Real Estate Agency Freezes Residential Complex Project in Sofia
... Sofia. The news was reported by the Bulgarian financial newspaper Pari Daily, which explains that the management of the real estate agency, which is listed on the London Stock Exchange, had decided to postpone the project in expectation of a better ... Mon, 27 Oct 2008 09:28:10 GMT

Headlines in Bulgarian newspapers on October 24 2008
... and funding. - Monitor leads with yet another story on how the global financial crisis has had a negative effect on real estate prices in Bulgaria. The paper quotes data from the National Statistical Institute that the prices in none of Bulgaria' ... Fri, 24 Oct 2008 10:42:43 GMT

Austria and Bulgaria: The niche seeker
... niches that have emerged here just recently were the offspring of Austrian efforts. This strategy of acting before the real game begins started a decade ago, when the Austrian business community felt confident that Bulgaria had curbed the worst of ... Fri, 24 Oct 2008 10:40:16 GMT

The Land Where Politics Is Played to Death
... for Rights and Freedoms (DPS), Ahmed Dogan, was found dead by a gunshot wound Friday afternoon, in the notorious estate in Sofia's affluent Boyana suburb. (The estate, allegedly, belongs to Dogan and is the center of yet another scandal involving ... Thu, 23 Oct 2008 14:46:27 GMT

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