Fri, Feb 10 2012
Yet plans to renovate the stadium in Bulgaria's third-largest city seem to have been pushed under the carpet.
Plovdiv Airport is meant to become a major international destination, servicing flights from Western and Eastern Europe, Greece, Russia and Ukraine
Eight properties put up for auction by the Defence Ministry cause friction with Plovdiv University
Students from five institutions of higher education met on February 10 to formulate a statement to the Government asking for improved learning conditions.
With its 423 new rubbish containers, Plovdiv states its resolve to not fall into the same situation that Bulgaria's capital, Sofia, finds itself – one of overflowing dirtiness
The company is planning to open four more stores in Plovdiv, for a total investment of 15 million leva, thus securing 400 new jobs.
Despite frightening forecasts for the Bulgarian property market due to its stagnation that began several months ago, prices in Plovdiv have not gone down, brokers from real estate agency Europolis have said in a media statement. Europolis presented its annual analysis, indicating that the global financial crisis has not affected the local property market, whose segments registered a total growth from 15 to 20 per cent in comparison with 2007. Prices remained high and the only "deviation from the norm" was the significantly lower number of sold office spaces, the statement said.
Plovdiv's architectural studio Arkont-A won the tender called to pick a design for the renovation of the city's central railway station, mediapool.bg reported. The National Railway Infrastructure Company (NRIC) has said, as quoted by Dnevnik daily, that the investor selected to do the renovation will also be granted building permission for additional construction in the area as compensation.
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.