Fri, Feb 10 2012
Photo: Tsvetelina Angelova
Hundreds of companies across a number of sectors will suffer in case of a poor summer tourist season
In unsupervised areas near Albena and Irakli, two people have drowned after there was no lifeguard service to provide assistance
Retailers prefer open-air malls because real estate taxes, utility costs and common area costs are much lower.
Doomsayers have been predicting the downfall of Bulgaria’s tourism sector for years. This summer, their forecasts could come true
In the midst of an economic crisis Siroko has caused outrage by charging 30 leva for an umbrella and a beach chair.
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.
hey finally some civil servants are running the gauntlet, lets see how far they get, i wish them all the best in this excersise and hope this will lead to more demolition,,,there is much to be done along the coast.
Sunny Beach next?