Author Archives: survivor

Knowing your way around Sofia

A recent project of the Ministry of State Administration and Administrative Reform called Comprehensible Bulgaria has been started with a view to make life of non-Bulgarian speaking visitors to Bulgaria easier.
All of this would have been good if the streets named after non-Bulgarians were translated as the name is in fact and not to some [...]

Apartments’ prices in Sofia reached the top

An article from yesterday in Pari (Money) Newspaper reports that the prices of the apartments in Sofia reached the top and exceed the amounts that the buyers are willing to pay. This wise discovery is made by the executive director of Address Real Estate Katya Tzenova.
Finally, they managed to discover that the greed for [...]

Half empty or half full?

Recent article in The Sofia Echo comments the situation with the office space for rent in the city. Naturally, the construction boom will not leave this area of the real estates intact and after overbuilding in resorts the next area is the office space.
For many of this new developments the dilemma “half empty of half [...]

Bansko will try to attract tourists in the summer

Bansko resort opens summer season reports BulgariaInside.
The Mayor of the town - Alexander Kravarov discovered that “Over-construction is another major obstacle”. Guess who issued the permissions for it? After being the “good guy” in the previous mandate after his re-election the famous Mayor decided to play the “bad guy” while Bansko is getting uglier and [...]

Last Investment Bank

Recent rumours about the bankruptcy of one of the banks in Bulgaria - First Investment Bank made lots of their clients to withdraw their savings from the bank and to close accounts.
As a reply the Executive Director Ms. Maya Georgieva said that “who believes in rumours should take his money back”. Lady, every schoolboy knows [...]

Class A nightmare

Poligraphic services buildings in Sofia to become class A offices states recent article published at propertywisebulgaria.com.
Being around this part of Sofia (Dimitar Blagoev Printing House) almost every day it is not hard to notice how “easy” is to access it by car. Bringing another 241 cars in the area (at least) will make the things [...]

Off plan survival guide

I am writing this further to a recent comment on another post related to buying process in Bulgaria.
In fact the Off Plan Survival Guide was written some time ago but I would like to point your attention to it as it is a good starting point for investment in Bulgaria.
In any case the first two [...]

Inexperienced investors and incompetent local authorities

Inexperienced investors and incompetent local authorities are the reason for the fiasco in the real estate sales in some resorts in Bulgaria according to the chief of UniCredit Bulbank Levon Hampartzoumian.
The person with hardly pronounceable name believes that most of the popular resorts will suffer difficulties which will reflect also on the Banks that [...]

Why do the Brits leave?

A recent article in Capital newspaper discusses the reasons that led to decrease in real estate sales in the last year. It is not a secret that after the initial boom currently there are about 20 000 apartments for sale in Bansko and over 200 000 on the Black Sea. Their number is increasing every [...]

When a nice man feels bad - this is blues, when a bad man feels nice - this is chalga…

Translation of this wise thought. There is lot of truth about Bulgarian way of making fun.

(cc) 2007 - 2008 Survival Bulgaria Blog. Some rights reserved.