Archive for May, 2010

Golden Pearl Complex on Black Sea Coast to be bull-dozed

Golden Pearl Complex on Black Sea Coast to be bull-dozed

After protracted talks and court cases, the Bulgarian government has decided that the tourist holiday village Zlatna Perla (Golden Pearl) will be town down and bull dozed. Although the large complex was never actually completed, most of the units .. Read More

Bulgaria in the Media, Property Investment News | 05.29.10 | No Comments

Bansko Development Problems Continue

Bansko Development Problems Continue

Bansko continues to experience problems with planning issues and ownership issues. Back at the beginning of March, a group of investors who have collectively spent millions on a development in Bansko, decided to hold a peaceful protest outside the Fo.. Read More

About Bulgarian Property, Bulgaria in the Media | 05.13.10 | No Comments

Has the bottom been hit for the Bulgarian property market?

Has the bottom been hit for the Bulgarian property market?

2009 was a disastrous year in terms of the Bulgarian property market. Property prices dropped on average by over 30% and a 40% decrease in the number of real estate deals finalised. The cities and towns that suffered the most were Bansko and Sunny Be.. Read More

About Bulgarian Property, Property Investment News | 05.2.10 | No Comments