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What are the hidden risks with pre-construction contracts
With this kind of contract a future owner promises to sell a building that does not yet exist
The top ten owners of office buildings in Sofia
They own 600 thousand square meters of offices in Sofia or half of the total available 1.24 million square meters of class A areas in the capital.
The housing market: the top is near
High demand and low supply drive prices up. War, weakening economies and rising mortgage rates may cool down the market
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Gabrovo continues to promise good yields from properties
There are deals with one-bedroom apartments for renovation for about 70,000 BGN in the city center and about 55,000 BGN in the neighborhoods. However, the supply is very limited and is mostly socialist-era housing
Changed designation of agricultural land. Is it still for development?
The new status is bound with time limits and loses legal effect in case of inaction
The increase in real estate deals is slowing down in the second quarter
Activity in Bulgaria’s real estate market is beginning to decline. In Sofia, the number of sales of real estate practically stopped going up in April-June 2022
Michiel Van Driessche, Felixx Landscape Architects: Sofia can remove the cars around Alexander Nevsky square
The next step will then be to rethink the traffic system, he says in an interview for Capital Weekly
JLL chooses Avalant as its Bulgarian representative for offices deals
All main global players have now entered the property consultancy market in the country
Belgian company buys Suite hotel in Sofia to make a hub for working nomads
The owner of Melexis Bulgaria, Duchatelet, and his trusted football manager Catherine Mer bought the Suite hotel, located in Sofia’s Studentski Grad district.
The Wolf, PIMK strike deal in Sofia’s Studentski Grad neighborhood
The Plovdiv-based transport and construction group has bought land with a construction permit for a residential building from Rumen Gaitanski’s Wolf company for 11.3 million BGN
Radev’s revenge, the looming deficit and a frog
Reality is back with a vengeance, GDP keeps growing, and our Real Estate report is out
What’s cooking before the 2 October snap vote?
The new political season kicks off with smear campaigns, corruption allegations and president’s interference that would likely result in yet another fragmented parliament unable to support a government coalition
A new model: a company builds apartments for lease
AG Capital plans to build 1,000 apartments for this purpose. Then the company will sell them to a fund in a package
Co-working spaces: Rising from the ashes of the pandemic
Alternatives to "normal" office spaces have emerged from the last two years stronger than ever and are popping up all over Bulgaria
Postbank: mortgage loans rise in value, number of applications stable
The bank’s records show an average increase in property prices of 13% y/y in Q1 2022
Kadri Simson: Replacing all Russian gas immediately is impossible, cutting consumption must be part of our strategy
The EU Energy Policy Commissioner talks to Capital weekly about the risk of a complete cut-off from Russian gas - and what the EU plans to do about it
Gov’t teeters on brink after six stormy months
With TISP pledging to support GERB’s vote of no-confidence next week and the ruling coalition at least six MPs short of keeping its majority, Petkov’s cabinet looks terminal