The investment fund Madara Bulgarian Property Fund Limited, which is traded at the London stock market, announced the hiatus of the project. They await additional financing.
The architectural part of the project called Black Sea Gardens, was done by the famous architect Norman Foster.
Late last year, the fund announced that they will seek additional financing for their projects in Bulgaria. At
A large number of Romanians have decided to purchase real estate properties in Bulgaria or Hungary.
This has been announced by Adrian Sischin, regional director of the RE/MAX Romania real estate agency, as quoted by the …
Tuesday, 28 Jul, 2009 13:00 | No Comment
Iberdrola Inbobiliaria, the company for construction and estate management of the Spanish energy giant Iberdrola, received the permission for the construction of it’s next project, “Koral Beach Elite”. The complex will be located near the …
Wednesday, 22 Jul, 2009 15:49 | No Comment
The prices of the residential properties in Bulgaria are going down faster than the rents, so experts recommend buy to let.