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WITTE Automotive Bulgaria to double production in Ruse
The company will invest 25 million euro in a new factory, which will open in the middle of 2024
Growth in housing prices in Plovdiv, Varna and Burgas
In the two seaside cities deals increased at the beginning of 2022, but in Plovdiv their number decreased slightly
Rents going up more slowly than housing prices
Home rents increase, following the rise in mortgage payments, incomes and inflation.
Nikola Stoyanov, Luximmo: Bulgarians are buying real estate abroad, especially in Greece, Dubai and Spain
The richest are attracted to the French Riviera and more recently the alpine resorts, the founder and manager of a high-end real estate agency tells "Capital"
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
Demand for housing in Burgas is greater than supply
New construction projects now expand the city towards the mainland - and some of them are quite large
Top 5 Bulgarian hotel investments in Greece
Three five-star complexes, a campsite with villas and smaller hotels
The week: Fear not the political feuds, even when they tell you to on the TV
The optimist theory for the economy, Parliament is stuck, President is happy, and the Dutch don’t like us
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 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
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
Resolute Asset Management - global asset manager and advisor
The Director and Country Head for Bulgaria of the leading global asset management company talks to KInsights
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
The week: The private border of Bulgaria and the EU, are we still on track for the euro and a stellar year for banks (so far)
K Insights 03/06: what happened with the refugees