Fri, Feb 10 2012
The April- May 2007 issue of PropertyWise magazine, the specialised real estate publication of Sofia Echo Media, will be on sale starting March 30.
Alternative developments, environmental assessment of property projects and ecological requirements will feature among the issue's topics.
PropertyWise will also analyse the manner in which the snowless winter season affected the property market in Bulgaria's leading ski resorts. The magazine will take a deeper look at developments in Bansko and will find out if the resort is still a good investment opportunity.
Readers will get the chance to read about various other topics among which trends in Bulgarian mortgages, Sofia's master plan and spa resorts in the country.
PropertyWise is a bi-monthly magazine, available for sale the last Friday of every other month.
For more information on the magazine, as well as for daily property news alerts visit its website www.propertywisebulgaria.com. Write to editor@propertywisebulgaria.com for any other information on the publication.
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.
Proportionately, the number of transactions in leva increased as people reacted to speculation that the euro would disappear.
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.
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’.
Bulgaria’s capital city Sofia ranks 17th, report says, quoting Global Property Guide.