SofiaEcho RSS feed Property

Bulgaria's real estate market stabilising - realtors

The Sofia Echo staff — Mon, 09 Apr 2012 17:09:00 +0300

Worst is over for Bulgaria's property market after three years of decline, reports by Yavlena and Bulgarian Properties real estate firms claim.

Bulgaria plans bill to weed out rogue real estate agents

The Sofia Echo staff — Wed, 28 Mar 2012 14:10:00 +0300

Draft law envisages professional association for real estate agents and a public register of real estate companies to bring order to the business and get rid of rogues and rip-off artists.

Landmark Centre Varna to be offered for sale on March 21

The Sofia Echo staff — Wed, 29 Feb 2012 08:04:00 +0200

Landmark Centre Varna’s financial reports show its largest debt is an investment loan of 6.9 million euro issued by Eurobank EFG Bulgaria in mid-2008 and secured with a mortgage.

Raiffeisen Real Estate: Prices of Sofia homes returned to 2007 levels

The Sofia Echo staff — Wed, 08 Feb 2012 09:33:00 +0200

Average market prices of homes in Sofia fell by one per cent in the fourth quarter of 2011 compared to the same period of 2010, according to the Raiffeisen Real Estate Index, as quoted by Klasa daily.

Most property sales in Bulgaria were people wanting to escape their investment – report

The Sofia Echo staff — Mon, 16 Jan 2012 16:47:00 +0200

Proportionately, the number of transactions in leva increased as people reacted to speculation that the euro would disappear.

Bulgarian property market: Home finance easier, media report says

The Sofia Echo staff — Tue, 10 Jan 2012 08:32:00 +0200

Nearly all banks are ready to finance between 80 per cent and 90 per cent of the price of a home, provided it is a good building in a large city, Bulgarian daily says.

Bulgarian property prices ‘have hit bottom’ brokers say – report

The Sofia Echo staff — Mon, 09 Jan 2012 09:07:00 +0200

Property prices in Bulgaria were five to 10 per cent lower in 2011 than in 2010, while initial estimates for this year are that they will remain largely unchanged, with transactions remaining at ‘crisis levels’.

Budapest, Skopje at top among ‘Europe’s top 20 places to invest in property’

The Sofia Echo staff — Wed, 04 Jan 2012 14:08:00 +0200

Bulgaria’s capital city Sofia ranks 17th, report says, quoting Global Property Guide.

New 4.8M euro Cleves investment in Sofia

The Sofia Echo staff — Thu, 01 Dec 2011 13:52:00 +0200

This is Cleves’ sixth acquisition, bringing its portfolio in Sofia to 115 rental apartments. The company already operates 94 rental apartments in the city.

Bulgaria's construction output extends downtrend in September

Dnevnik.bg — Mon, 07 Nov 2011 22:12:00 +0200

Bulgaria's construction output dropped by 11.6 per cent year-on-year in September 2011, preliminary data by the National Statistics Institute (NSI) shows.

Office rents in parts of Sofia slide 5.5 per cent in Q3 2011

Dnevnik.bg — Thu, 03 Nov 2011 22:26:00 +0200

Rental values for offices in the city centre and on boulevards slipped by two per cent year-on-year during the third quarter of 2011, while those for properties in other parts of Bulgaria’s capital dropped by 5.5 per cent.

Number of successful private property auctions exceeds 50

Dnevnik.bg — Mon, 31 Oct 2011 22:00:00 +0200

'Private property auctions are still somewhat of an oddity in Bulgaria. Still, they are useful for people who want to save time and money as they can sell their property within two months,' said Palpourin.

Raiffeisen Real Estate: Prices of Sofia homes lose 6.8 per cent over a year

Dnevnik.bg — Wed, 26 Oct 2011 22:39:00 +0300

Third-quarter drop amounts to 3.8 per cent

Housing prices in Bulgaria decline 6.1% Y/Y in Q3 2011

Dnevnik.bg — Mon, 24 Oct 2011 10:44:00 +0300

In quarterly terms, housing property prices registered a decline of 0.8 per cent.

Bulgaria's housing property has lost a third of real value since 2008

Dnevnik.bg — Wed, 05 Oct 2011 09:49:00 +0300

According to Yavlena manager Strakhil Ivanov, buyers now tend to buy housing in the lower price segment, of between 25 000 euro and 50 000 euro

Bulgaria 13th in commercial space under construction in Europe

Dnevnik.bg — Thu, 29 Sep 2011 09:39:00 +0300

By the close of 2012, about 181 500 sq m of commercial area in shopping centres across the country will be put into use.

New housing construction in Bulgaria grows 13% Y/Y in Q2 2011

Dnevnik.bg — Wed, 10 Aug 2011 22:58:00 +0300

Newly-built housing, however, dropped by 26 per cent in annual terms to 3500 homes in the quarter.

Taking up unused office space in Sofia will take years – Colliers International

The Sofia Echo staff — Wed, 10 Aug 2011 16:47:00 +0300

Supply of new office space in Sofia continued to increase during the first half of 2011, with total volume reaching 1.378 million sq m, according to the estate agency.

Bulgaria's building permits extend downtrend in Q2 2011

Dnevnik.bg — Tue, 02 Aug 2011 10:18:00 +0300

The number of building permits issued in Bulgaria continued to fall in the second quarter of 2011 on an annual basis, extending the downtrend of the past four years.

Cleves launches sixth rental property in Sofia suburb

The Sofia Echo staff — Wed, 27 Jul 2011 13:31:00 +0300

Boutique project has five apartments in the Dragalevtsi suburb of Sofia, in the foothills of Vitosha.