Survival Bulgaria Blog» construction

The world crisis finally came to Bulgaria

survivor — Thu, 30 Oct 2008 12:10:45 +0000

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?

Half empty or half full?

survivor — Wed, 11 Jun 2008 13:04:02 +0000

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 full” does not exist at all since they are committed to become fully empty even before they are started but obviously the motives behind building them are not purely financial. Sometimes bankruptcy is deliberately sought by the developers in order to resell the project on more attractive price… It is needless to say the more than half of so called office buildings do not offer anything different than the regular apartment so popular and used as offices in the centre of the city while at the same time offered at prices completely unreasonable for the areas where they are located.

Bansko will try to attract tourists in the summer

survivor — Wed, 28 May 2008 13:30:30 +0000

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 uglier. Constantly ongoing construction works will not attract many tourist and for sure will not make those who visited the town to come back. Apart from the construction works the infrastructure is still in a very “strange” status which in itself is another reason for big disappointment in the tourists.

Illegal construction in Bansko

survivor — Mon, 13 Aug 2007 12:01:24 +0000

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 project for which it has been issued is Bansko Royal Towers.

What you will note is that there is obviously something wrong with this. Although issued by the authority that should monitor and ensure that all construction works in Bulgaria are done properly, this one certifies that a building, which is far away from completion is somehow suitable for living…

The point of this writing is that you should not believe to most of the documents issued in Bulgaria. It is sad but persons like the one signed this document make the whole world laugh at us. There is no other word that can better describe the situation apart from corruption.