The world crisis finally came to Bulgaria

It is official now. Whether you like it or not it is here. We are about to see “who has been swimming naked”. Construction, estate agents, construction materials, tourism will feel it shortly. Banks, financial services to follow.
Ready to dive?

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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 [...]

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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 [...]

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Illegal construction in Bansko

Since everyone is aware that very few buildings in Bansko are built legally here is the big surprise for those who believed that the law rules in Bulgaria.
Below you will find a scanned document issued by the highest authority in Bulgaria dealing with construction, the National Directorate of Building Supervision, issued on 26 July 2007.

The [...]

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