The total amount of owneroccupied and speculative industrial floorspace in Sofia reached 1.2 million sq m according to real estate agency Colliers International research. This figure includes warehouse, manufacturing and flex buildings. Out of 1.2 million sq m of industrial floorspace, 160 000 sq m was speculative, Colliers said. Plovdiv features among the towns that attracts most investors in industrial
The interest in holiday complexes along Bulgarias Black Sea coast increased 3 to 5 times compared to 2006, Nikolai Pehlivanov, owner Green Life Property Development, said. Real estate prices along the southern coast increased by an average of 18 per cent on annual basis, despite the prognosis of trade decline and reports of foreign investors withdrawing, Focus news agency said. Holiday properties in
Almost 40 000 Britons currently have property in Bulgaria and the demand remains sufficiently high to lead to a steady price increase. UK daily The Independent said that Bulgaria featured as one of the most attractive destinations for property buyers where one could still buy flats worth 34 000 euro. Brokers quoted by the paper however warned that investors should no longer expect quick and easy returns.