Bulgaria Cheap Properties

Mall of Varna, which claims to be biggest shopping centre built in Bulgaria to date, officially opened its doors to the public June 12. The day of its opening also marks the official change of ownership, with British privatelyowned Miller Developments taking over.Intersevice Uzunovi AA, a major Varnabased investor, has invested close to 50 million euro in the project, but agreed to sell the thenincomplete development for 120 million euro. The selling price is the highest paid for a shopping centre in Bulgaria so far. It is also the second most important transaction in the country in regards to real estate value, according to Dnevnik daily. The annual rate of return, estimated by Miller Developments, is up to 7.5 per cent, the daily said.

Business
The State Tourist Agency is preparing a strategy for the development of spa and
wellness tourism in Bulgaria.

The strategy was announced by the Agency’s Chair Anelia Kruchkova at the First
Specialized Business Forum dedicated to Spa and…

Bulgaria”s accession to the European Union has
invited thousands of tourists and potential ex-pats to the country for one main
reason, a great lifestyle at an affordable price!

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There are a number of ways of financing a
property purchase abroad. The dilemma is which way do you go Cash Financing
from the UK
Bulgarian based finance

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Buying habits are changing and more people are now looking for a house where
they can settle long-term, it has been revealed.
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According to data published by Globalpropertyguide.com, house price
increases in Europe over the past year ending in Q4 of 2007, were
highest in Bulgaria. Bulgarian houses increased by 34.61 per cent,
closely followed by Poland with a 33 per cent increase.
House prices in Estonia…

Business
The Spanish Architect Eduardo Maria Molas Rifa is going to invest in the
creation of a golf course at the Bulgarian architectural and historical reserve
Arbanassi in the central part of the country.

Rifa is one of the partners at the Arbanassi…

BusinessUnemployment in Bulgaria stood at 6.91% in December,
down by 2.21% from a year earlier, but up from November, the national employment
agency said.The jobless rate marks a slight increase of 0.29% over the
previous month, which is traditional for the end of the year….

Holidaymakers looking to save money on their summer holidays should consider taking a holiday in Bulgaria, it has been reported.According to Balkan Holdings, the eastern European holiday destination is much cheaper than many of its European counterparts.Chris
Northam,…

Sofia. Italian historians will take part in the restoration of the only temple-well in Bulgaria, Stone pages
announced. The unique monument is called ‘Pusto Gurlo’ (’Vain Throat’)
and is located in Gurlo Village, Pernik area. Scientists dated it from
1400 BCE. Together with…