21 October 2008 – 6:07 pm
After all, you only find out who is swimming naked when the tide goes out. Warren Buffett
Recent articles discuss the possibilities of price falling in the real estate sector in Bulgaria. Some websites even have dedicated section for properties with falling prices. According to the statistics in some areas the prices are falling with nearly [...]
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 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 [...]
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 [...]
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 [...]
