Strategy needed or else

Author: admin / Category: Bulgarian Property for sale, Legal & regulatory
Bulgaria needed a strategy for attracting foreign investments in other sectors besides real estates in order to have sustainable development, Rosen Plevanliev general manager of Lindner Bulgaria told participants at the second regional conference Balkan Real Estate Conference BalREc on April 16 2008 as quoted by Dnevnik daily.

High prices and high expectations

Author: admin / Category: Bulgarian Property for sale, Legal & regulatory
The high prices of land mixed with high expectations of local entrepreneurs were the main problems of Bulgarias residential property market. Pablo RodrguezLosada general manager of Spanish developer MartinsaFadesa said on April 16 2008 as quoted by Dnevnik daily.

Bulgaria extends deadline for Rousse airport concession bids

Author: admin / Category: Bulgarian Property for sale, Legal & regulatory
Bulgarias Transport Ministry extended the deadline for bids in the tender to pick a concessionaire for the Rousse airport to May 7, weekly Stroitelstvo Gradut reported on April 14.Bids would be opened no later than May 21, according to Bulgarias regulations on public tenders.

Another referendum on controversial oil pipeline fails

Author: admin / Category: Bulgarian Property for sale, Legal & regulatory
A referendum in Sozopol municipality on the construction of BourgasAlexandroupolis oil pipeline was announced invalid on April 6 as turnout was below the necessary minimum of 50 per cent. Slightly more than 30 per cent of the 12 000 residents of the municipality voted, Bulgarian language daily Dnevnik reported.

Personal data exposure not needed free for parking

Author: admin / Category: Bulgarian Property for sale, Legal & regulatory
People living in the centre of Sofia have been forced to leave their personal data exposed in their windscreen if they wanted to park for free in front of their homes in blue zones, or areas where parking is paid.

Merrill Lynch wants more time to find investor for Kremikovtzi

Author: admin / Category: Bulgarian Property for sale, Legal & regulatory
US investment bank Merrill Lynch, hired to advise the sale of Kremikovtzi steel mill in Bulgaria, has asked several extra weeks before choosing the best candidate, the press service of theEconomy and Energy Ministry said on April 4.

New buildings for Sofia City Court, prosecutors office

Author: admin / Category: Bulgarian Property for sale, Legal & regulatory
Sofia city hall discussed the possibility to allocate a one ha municipal plot in Zona B5 neighbourhood for the construction of a new building for the Sofia City Court and Sofias prosecutors office, investor.bg reported on April 2 2008.

Wrangles over the amendments to Bourgas master plan

Author: admin / Category: Bulgarian Property for sale, Legal & regulatory
Bulgarias Ministry of Regional Development and Public Works will assign a new procedure for developing a new master plan of Bourgas, regional minister Assen Gagaouzov announced on March 31, quoted by Dnevnik daily. He explained that the new plan for urban development will add new territories to the municipality.

Beach concessions up for dispute

Author: admin / Category: Bulgarian Property for sale, Legal & regulatory
Amendments to the law on beach concessions envisage Regional Development and Public Works Minister Assen Gagaouzov deciding which 100 coastal beaches would be given on concession or rented out.

DNCS issues 193 demolition orders for seaside buildings

Author: admin / Category: Bulgarian Property for sale, Legal & regulatory
Bulgarias Directorate for National Construction Supervision DNCS has issued a total of 193 orders for the demolition of illegally constructed buildings, including 94 on the north coastline and 99 along the southern coast, DNCS head Ivan Simitchiev told a news conference in Bourgas on March 31, as quoted by Dnevnik daily.