Tue, May 22 2012
Real estate developments worth a combined two billion leva will be presented at this year's spring edition of Balkan Property Exhibition (BalPEx), which will be held on April 18-20 at Inter Expo Centre in Sofia, event organisers said on April 14 2008.
The projects on show include malls, vacation villages, office buildings, warehouses, residential buildings and hotels, according to Veneta Krusteva, managing partner in the Stroitelstvo Gradut publishing group, which is organising the event, as quoted by Dnevnik daily.
BalPEx will follow Balkan Real Estate Conference (BalREc) on April 15-16.
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BalPEx and BalREact exposition to be held at Inter Expo Centre in Sofia from April 24 to 26.
Worst is over for Bulgaria's property market after three years of decline, reports by Yavlena and Bulgarian Properties real estate firms claim.
Draft law envisages professional association for real estate agents and a public register of real estate companies to bring order to the business and get rid of rogues and rip-off artists.
Landmark Centre Varna’s financial reports show its largest debt is an investment loan of 6.9 million euro issued by Eurobank EFG Bulgaria in mid-2008 and secured with a mortgage.
Average market prices of homes in Sofia fell by one per cent in the fourth quarter of 2011 compared to the same period of 2010, according to the Raiffeisen Real Estate Index, as quoted by Klasa daily.
Proportionately, the number of transactions in leva increased as people reacted to speculation that the euro would disappear.