Electricity and water supplies are available and the plots are right next to the road so infrastructure is no problem. The lands are both regulated and non regulated, however non regulated lands can be easily regulated, as the status of lands next to these have already been changed and in one of the land plots residential construction is already in progress. The land plots are ideal for the construction of houses, apartments or hotel complexes. Prices do vary but start from 50 Euro m2.

Which Bulgarian Properties can also offer the investor complete projects. Land in Super Borovets that already has approved architectural plans for the building of chalet complexes and ready for immediate construction. The location of the projects are very good, with spectacular views to mountains all around and very near to new build ski-lifts and with only a few km to the original Borovets ski station.

There are several new projects being built there for example hotels and small residential complexes. In Madjare/Govedartsi more than 20 British families live permanently.

The place is ideal for all year round tourism and new activities are constantly being introduced, fishing, hunting, white river rafting, trekking and of course skiing are some of the adventures on offer.

Land in Super Borovets is possibly the best investment you can make today in Bulgaria.

ECE Project Management Bulgaria (German developer) will be launching the construction of a 40-storey Europe Tower, according to the company manager Plamen Ilchev.

The building which will be 180m tall is to be erected in Sofia; it will be the highest in Bulgaria and is due for completion in 2010 although the project has not yet been assigned to a contractor.

The building will be part of a multi-complex named the Europe Park Sofia which will contain office, retail and residential space. The complex will be built over two phases and on land formerly owned by Balkancar Sredets.

The 500 million euro complex has ECE Projectmanagement Bulgaria as the lead investor, as well as Advance Properties, Balkancar Sredets and GTM Angel Balevski.

“LAGUNA III” is a unique investment in Bulgarian property for foreign investors, because of the expected increase of prices during the next 5 years and because of the possibility to rent the apartments with some of the biggest international tour operators.

The 93 cosy apartments will be completed at the end of year 2008.

The complex will also include:

• Lobby bar
• Swimming pool
• Shop
• Оffice
• Park places
• 24/7 security guard
• Property management of the complex
• Possibility for furnishing apartments

Finishing of apartments

• Laminated parquet and/ or terracotta in the rooms, walls and ceilings – latex painted
• Fully equipped bathrooms
• Terraces and corridors – terracotta
• High quality PVC and MDF doors
• Air-conditioner

Full furniture packages

Studio – 3000 EUR
One bedroom apartment – 4000 EUR
Two bedroom apartment – 5000 EUR

Our services

• FREE INSPECTION TRIP
• Consultation with company’s lawyer
• Opening of new companies
• Insurance of the property
• Furnishing of the apartments
• Renting

For more information on this investment opportunity in Bulgaria, please do not hesitate to contact us.

Banya is situated in the south-west of

4 churches, several small chapels. The interior of

Since ancient times, mineral waters have been revered for their miraculous powers of healing and relaxation.

Bulgaria is blessed with over 600 natural springs; over 70 of these are located in the Banya region.

Of all the springs in

» Repairing and strengthening of bone fractures and dislocation
» Muscle tears and sprains
» Various skin complaints like acne and psoriasis
» Breathing problems
» General stress
» Gynecological related conditions  “Pirin House” Development  Pirin House Project is spread over 7 909 sq.m. in the “Banski pat” area, near the road connecting Banya village and Bansko. The complex is 1.8 km. away from Bansko and 3 km. away from Banya. The location of the housing estate provides very beautiful sights of Pirin, Rila and Rodopi mountains.The housing estate will be accessible through one way crossroad from the Banya-Bansko road.  The Apartments:There will be 180 apartments at Pirin House. The complex consists of four connected buildings including

• cupboard;
• sink-mixture;
• floor-terracotta;

The

• sink and shower mixer;
• monoblock;
• bath-tub or shower-cabin;
• bath cabinet;
• toilet-paper holder;
• towel holder;
• waste-paper basket;
• toilet brush;
• mirror;
• terracotta;

Facilities:

24h Reception desk, 24h Security, SPA Center, SPA Bar, Restaurant with the open garden, Shop, Children’s corner, Secure Car Parking, Laundry / drying room

Nearby:

50km Ski runs, Fishing, Hunting, Jeep Safari, Golf courses   Communications: Cable Television in every apartment, Wireless Broadband access, Telephone in every apartment Management fee:In order to keep the complex in good working order there is an annual management fee of 9 Euros/m2 excluding VAT. This covers the costs of heating, lighting, cleaning and maintaining the common areas, which constitutes areas such as the lobby and corridors which are owned collectively by all buyers.   Buy you property in Bulgaria in Bansko, for more information and prices click on the link!

The holding’s first project beyond Russia envisages the development of a luxury condominium near the Black Sea resort of Zlatni Pyassutsi (Golden Sands).Finance will be secured through foreign non-Russian banks.

The gross actual area of the complex is projected to be 22 000 sq m. Apart from residential buildings, it will also embrace parking grounds and green areas. Construction is scheduled for completion by mid-2009 at the latest.

ELS’s executives reckon that investment in housing compounds along Bulgaria’s coast is currently among the most lucrative of its kind. Currently, Russia takes a keen interest in these projects, they said, adding that they expected to sell the new apartments in a very short period.

Although house prices in the presented compound have not yet been precisely calculated, affluent Russians will hardly have difficulty affording them even if they go for several thousand euro a sq m, company representatives commented.

Source: Sofia echo

The current lack of high quality space was one of the main features of the Bulgarian office market during 2007. Prime rental levels were unchanged as demand for high quality space remained high. Sofia is the main target for occupier interest, although a number of secondary cities have started to see an increase in an occupier activity.

Rental levels should rise in 2008 as the lack of grade A space will remain a concern for occupiers and the development pipeline is still low, the Cushman&Wakefield report said. Supply is expected to catch up with demand in 2009, allowing rent rates to settle.

European rental performances in 2007 continued to follow the positive trend of the previous three years. With the leasing market noticeably stronger in many markets across Europe, rents grew by 11 per cent in 2007, a rise of four percentage points over the previous year. London remains the most expensive location, not just in Europe but globally. With rents in the West End submarket rising by 30 per cent over the year, total occupancy costs amount to over 2 200 a sq m a year. The West End extended its lead over the second most expensive location in Europe, which this year is Moscow. In 2007, Paris has slipped to the third most expensive location in Europe.

Bulgaria is ranked 52nd among 58 office space markets by Cushman&Wakefield with an annual rental cost of 228 euro a sq m. Elsewhere in Europe, office space is cheaper to rent only in Lithuania, Latvia and Estonia.

Source: Propertywise

C&A is one of the largest clothes retailers in Europe with stores in Latin America, China and Central and Eastern Europe: Austria, Czech Republic, Hungary, Poland, Russia, Turkey and Slovenia.

Other major brands such as Zara, GAP and H&M have announced plans to enter the Bulgarian market. The first of their outlets are expected to open for business in 2009. They are expected to take out leases in mall properties under development in Sofia and in some of the other major cities.

The beautiful off plan development consists of 220 luxury finished studios, one, two and three – bedroom apartments. Situated only 200 meters from the second ski lift station in Pamporovo, offers spectacular views of the Rhodope mountains and Pamporovo.

The complex offers a wide range of services, making it a great place for recreation, sport and entertainment: swimming pool, sauna, steam bath, solarium and the modern equipped fitness centre are only some of the facilities in the complex. The occupants and guests of Winter Dreams can also use the restaurant, cafe -bar, shopping centre, ski-wardrobes, laundry and of course the large underground parking area.

Winter Dreams will also provide free transportation to all ski centres and the centre of the resort as well as 24 hours security.

All the apartments will have fully equipped bathroom, heating, phone, Internet and cable TV connection. The good location and variety of facilities of the complex guarantee 5% rental income for season 2009.

As developers, we can offer a flexible payment plan:

• 1000 Euro deposit /non-refundable/
• 30 % upon signing the preliminary contract (two weeks following deposit payment)
• 40 % upon completion at roof level - September 2008.
• 30 % - upon completion of development October 2009

Why invest in Pamporovo?

Pamporovo resort is the largest and sunniest ski resort in Bulgaria. It is situated in the heart of the Rhodope Mountains at a distance of 240 kilometres from the capital Sofia and 85 kilometres to the south of Plovdiv, the second largest town in Bulgaria. Both towns have their airports. You can easily get to Pamporovo by bus from either Sofia or Plovdiv. There are direct bus lines. You can also easily get to Pamporovo by car.

With its landmarks, unique nature, excellent skiing and snowboarding conditions, numerous opportunities for entertainment and recreation, the area around Pamporovo is considered to be one of the most attractive places in Bulgaria and a preferred holiday destination for many people in the winter as well as in the summer!

Parkridge has expanded in Poland with seven retail centres erected in Warsaw and the same strategy will be followed in Bulgaria, where eight commercial centres are planned to be opened.

Cutts’ strategy is to focus on smaller cities, with a population of 100 000 to 200 000 people, where competition for retail space is limited.

As well as Bulgaria the company has also expressed interest in Russia and Romania, where it will concentrate on industrial space.

John Cutts ranked 229 in the UK’s rich list. He owns 40 per cent of Parkridge and has a personal fortune of 320 million pounds. Despite this, he is quite unknown outside the industrial and retail sector.