Soon enough, a mockup medieval castle, somewhat mimicking the style of Las Vegas, will meet and greet travellers in the Veliko Turnovo region. Spread over a land plot of 0.4 ha within the territory of the
Archive for August, 2008
Attraction in the middle of the road
Sunday, August 31st, 2008Bulgarian property market tamed
Sunday, August 31st, 2008The fact that the force with which the Bulgarian residential property market has been developing is beginning to subside was officially confirmed by real estate company executives during a press conference on September 1.
Spanish developer to invest 500M euro in residential property near Sofia
Sunday, August 31st, 2008The Bulgarian residential property market still has a potential to grow, Nikolina Nikolova, CEO of the Bulgarian arm of Hercesa International, said during a news conference on September 1 2008 at the Hilton Hotel. Nikolovas statement contradicted the
Local firm picked to build Grand Mall Varna
Wednesday, August 27th, 2008A consortium led by Varnabased construction firm Comfort was picked to build Grand Mall Varna shopping centre in the city, website investor.bg reported on August 28 2008, quoting developer Orchid Developments Group.
Israels BSR Europe to build mixeduse office, residential complex in Varna
Wednesday, August 27th, 2008Israeli firm BSR Europe will build a mixeduse office and residential complex in the city of Varna on the Black Sea, Dnevnik learned from Anet Events, one of the agencies handling the companys public relations in Bulgaria.
Winslow Development to build two more residential compounds in Sofia
Tuesday, August 26th, 2008Property developer Winslow Development has said that it would build two more gated residential communities in Sofia, but made no investment estimate. The company is already building one residential compound in Sofia, Winslow Gardens.
UniCredit Bulbank extends 30M euro loan for Vertigo Building
Monday, August 25th, 2008UniCredit Bulbank, Bulgarias biggest bank by assets, said it would extend a loan of 30 million euro for the construction of the Vertigo Building on Bulgaria Boulevard in Sofia.
Danube Bridge 2 contractor eyes project extension, revision of costs
Sunday, August 24th, 2008Spains Fomento de Construcciones y Contratas FCC, hired to build a bridge spanning the Danube at VidinCalafat, has requested an extension to the project deadline and an increase in the implementation costs, a Transport Ministry official has said.
To our readers from The Sofia Echo
Thursday, August 21st, 2008For several hours on August 22 2008, our web hosting server was unable to provide access to sofiaecho.com and to propertywisebulgaria.com, and we apologise to readers for the inconvenience.The problem has been addressed and we are confident that service will continue uninterrupted in future. Our thanks to all those involved in restoring the websites especially given the sites evergrowing popularity, and our gratitude to our readers who contacted us to inquire why they could not get to their favourite read.
Arco Invest secures loan refinancing
Wednesday, August 20th, 2008Arco Invest, the Bulgarian subsidiary of Estonian real estate company Arco Vara Group, secured a new 15.5 million euro loan to refinance existing debt contracted for the construction of its mixedtype Boulevard Residence project on Madrid Boulevard in central Sofia.