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Agricultural land most attractive property in Bulgaria, consultancy firm says

Holiday resorts and big Bulgarian cities do not seem such an attractive investment opportunity for foreign property investors any longer. Now, an increasing number of private and institutional investors see more value and profitability in agricultural and development land, consultants at Sash Property Solutions (SPS) said as quoted by nubricks.com, UK property blog. SPS does an independent research of the Bulgarian real estate market and its recent findings showed that prices of agricultural ...

New hospital in Bourgas to be built for 35M euro

Bourgas city hall has called a public procurement tender for the construction of a modern hospital in the Meden Rudnik borough, Stroitelstvo Gradut weekly reported. This is the most-populated borough of the city with close to 80 000 residents, and, according to the weekly, there is only one clinic, which currently occupies a flat in a communal block, to service their healthcare needs. The initial idea envisions a multi-profiled healthcare facility with a 200-bed capacity and an additional ...

Certain people and companies operate illegally as property mediators without complying with standards or paying taxes

A conference on self-regulation versus EU directives was held in Brussels on January 30. It was held by the European Confederation of Real Estate Agents CEI with the active participation of the Austrian industry union OVI and Vienna-based Standards Institute. Discussions on the problems of market regulation focused on the market's relation to consumers' rights and supply of higher quality services at competitive prices. Belgium, Austria, Spain, France and the Slovak Republic are the EU ...

Golf tourism development to attract affluent tourists to Bulgaria

”Without quality golf courses Bulgaria will remain a cheap destination. It will continue to attract tourist flows, but without any major impact on the economy.”Bulgaria has turned to golf, a sport not too popular in the country until now, looking to attract affluent tourists, AFP reported on February 14 2008. ”Golf tourism development is very important - the regular tourist usually spends from 50 to 100 euro a day, while the golf tourist would rather spend from 400 to 500 euro,” ...

Golf Course in Kableshkovo - the first sod has been done

        Nearly 200 million euro will be invested in the new golf complex in Kableshkovo. The project will be managed and implemented by the joint venture Kabland Ltd, the stakeholders of which are the Spanish NGB Consulting and Pomorie Municipality. The plan is to create a high-class golf course over 20 ha of municipal land, and also to build a golf school for beginners, a tennis complex, several swimming pools, restaurants, bars and stores as well as a few ...

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