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Bulgarian property sector to post even growth in 2008
Bulgaria ranks third in the world in terms of property price growth in 2007. Average sale real estate prices rose by 36 per cent last year, whereas rentals posted a more modest mark-up of 6 to 7 per cent nationwide, reaching 10 per cent in Sofia
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Cabinet sets up golf development firm
Bulgaria's Cabinet decided on February 7 to set up a state-owned company that would design, build and operate golf courses in the country, its press service said in a statement.
The Government said it wants to promote the construction of golf courses and clubhouses
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British real estate consultant names Bulgaria world's strongest property market
Bulgaria was the world's strongest property market in 2007 with an estimated turnover of 11.36 billion euro, an increase of 2.36 billion euro over the previous year, British property investment company Obelisk said on February 1.
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Starbucks Coffee Comes to Bulgaria
Starbucks Coffee, the world’s biggest coffeehouse chain, is forging ahead with its plans for world domination as it was announced this week that the coffee giant will be entering the Bulgarian market next year, opening its first coffeehouse in the capital Sofia
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Amongst the gloom Bulgarian Property is the shining light
Hot of the press, BBC News, Monday, 7 January 2008
As the US housing market hit the buffers and most of Europe slowed, Bulgaria topped the table for house price growth in 2007.
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