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Current date: 2013-12-05 02:45
Rousse District is located in North-Central Bulgaria. The District consists of 8 municipalities. The regional center is City of Rousse.
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Properties: ECDC wants to sell its projects for a retail park in Bourgas
City of Bourgas >> Thursday, 2012-06-07 12:14
Source: Capital Daily
Investment fund European Convergence Development Company (ECDC) seeks a way to sell its projects for a retail park in Bourgas . Except for it the fund has shares in two malls in Bulgaria- Galleria Plovdiv and Mega mall Rousse , as well as in another planned retail park near Sliven . Because of the weak property market, however, the value of property held by it reduced for a consecutive year. Retail park Kraimorie near Burgas is a joint ECDC’s project with the Plovdiv company Sienit. The fund ha...
Properties: Bulgarian and foreign companies invest in their own factories and logistics centers
District Rousse >> Tuesday, 2012-02-28 11:59
Source: 24 chasa
Bulgarian and foreign companies operating in the country, invest in their own factories and logistics centers, reported commercial real estate consultants. Some of the largest bases are of Sopharma and Simid in Sofia . Their area is respectively 20,000 and 26,000 square meters. Total, about 7 production, warehousing and logistics facilities are under construction in the capital, two are in Elin Pelin region . There is one in Lovech , Ruse , Varna and Haskovo . According to data of&nbs...
Properties: Cinema city sells two mall projects in Ruse and Stara Zagora to Israeli
City of Rousse >> Tuesday, 2010-03-09 18:26
Cinema city, a movie theaters chain that has a real estate business in Bulgaria, has signed a contract to sell two mall projects to Israeli Israel Theaters. The deal is valued at EUR 85 million and concerns the Маll of Ruse and Mall of Stara Zagora projects. According to the seller`s preliminary plans it should be completed this year. Cinema city will get EUR 70 million when the deal is closed and the remaining EUR 15 million will be paid nine months after the opening of Маll of Rousse but no later ...
Properties: Ruse need an investor for project in former Kazarmite area
City of Rousse >> Monday, 2009-08-10 15:20
Source: Stroitelstvo Gradat
According to Ruse master plan the territory of Kazarmite zone is planned for the new business centre of the town. The municipal administration is preparing the programme for the project - the most attractive part from Alexandrovska str. The financial aspect will be most probably by public-private partnership on the land of 14,000 sq. m. There are several options - the administration can build the project alone and the land can be divided into several lots. The main part of the building will be a...
Properties: Ruse, Vratsa, Plovdiv, Burgas, Pleven and Sofia are cities with highest decrease of property prices
City of Rousse >> Thursday, 2009-07-23 18:47
Prices of the residential real estate in Bulgaria are down nearly 10% during the second quarter of 2009 compared to the first one. In comparison with the same quarter of 2008 the residential market prices are down 22%. The data was released Thursday by Bulgaria`s National Statistics Institute (NSI). During the second quarter of 2009, the price decrease was registered in all regional cities with the highest decreases in Ruse (14,4%), Vratsa (14,3%), Plovdiv (14,1%), Burgas (12,3%), Pleven (12,...
Properties: BG luxury property market in searching for balanced price
District Rousse >> Wednesday, 2009-03-11 01:22
The Bulgarian luxury property market is still trying to match buy and sell prices, found a new study by Raiffeisen Real Estate. Sofia property owners set 20% higher price tags than real deals. In Varna , on the Black Sea coast , the quality of upscale properties does not meet the requirements of potential customers. The study said that prices in the mass segment have slid to where they were two years ago. There, as well as in Varna , two-room flats are up for grabs at EUR 50,000 to EUR 70,000. Thi...
Properties: Home prices in regional cities decreased
District Rousse >> Monday, 2009-01-26 10:30
Home prices in Bulgaria’s regional cities jumped almost 25% in 2008 compared to 2007 to an average of BGN 1,363 per square metre, showed data of the National Statistical Institute.
The uptrend held through October, but prices dropped 4.1% in the third quarter from the previous three months.
The data excludes newbuilt, houses and luxury apartments and are based on the prices of sold properties.
The statistics are unrealistic, said Strahil Ivanov, owner of real estate agency Yavlena, noting that pri...
Properties: Small residential buildings are coming back into fashion
District Rousse >> Thursday, 2008-12-18 10:01
As the global financial crisis rips on, small residential buildings are coming back into fashion, construction prices are almost halving, home prices are coming down, and off-plan sales are dying out, investors said. Investors who have announced big-scale projects will never start to build, and major international companies and investment funds will be hit the hardest, forecast Nikolai Pehlivanov, executive director of Green Life and entrepreneur of the year. Buildings with floor space of 3,000 and 5,0...
Properties: Sofia property mkt slides 18%. Sharpest falls also for Bansko, Razlog, Balchik, Kavarna and more
City of Sofia >> Thursday, 2008-12-04 10:00
Property deals in the Bulgarian capital slumped by 18% year-on-year in the third quarter of the year compared to a year ago, showed data of the Registry Agency. The downtrend began in the second quarter but the 13% year-on-year rise in the first stemmed the slide to some 4% year-on-year for the nine months. Realtors said the economic turmoil that gripped the world last fall has taken a heavy toll on the Bulgarian property market and made deals very hard to strike. Investment deals have almost died, a...
Properties: International developer ignores oversupply in Bulgaria and announces major new residential project
City of Sofia >> Tuesday, 2008-09-02 16:31
A Spanish developer is ignoring the current analysis that the property market in Bulgaria is near saturation and has announced a major new development near Sofia . Hercesca International said it will invest €500 million in the building of a gated residential property development between Sofia and Pernik . The plan envisages 2,000 apartments. It will also include a railway station which will allow residents to commute to either Sofia or Pernik with trains stopping every 15 minutes. The first phase is ...  
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- The average monthly salary in Bulgaria - near EUR 415 for December 2013
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