Golden Sands Apartments for sale

Since the start of 2009, only two malls have been completed in Bulgaria, Mall Plovdiv and Bourgas Plaza, 20 000 and 26 000 sq m in area, respectively.

The design for the first outdoors mall in Bulgaria Strand in Burgas, has been prepared by the British firm GMW Architects, and the 60 000 sq m complex was subsequently approved and granted a building permit in June, with King Strurge being the consulting firm. Total investment for the facility is expected to top 30 million euro.

The latest report from Colliers International has indicated that the average price of a home in Bulgaria has decreased by about 14 per cent in the first quarter of 2009 as opposed to corresponding figures from 2008. It also indicated that the countrys construction sector has been hit the hardest by the global financial crisis as the drop in investment is expected to reach over one 1.2 billion euro.

The interchange terminal in Plovdiv has been awarded to a BulgarianItalian consortium. The Italians Net Engineering and its Bulgarian counterpart, Transgeo, who were given the tender for consulting services for the facility, have tabled an offer of 2.4 million leva with VAT, Stroitelstvo Gradut has reported.

At a starting price of 302 euro a sq m, a 97 sq m flat in the Hipodruma borough of Sofia, 15minute walk from the town centre is offered for 29 246 euro, Investor.bg has reported.

On June 2, the head of the state agency for sports and youth, Vessela Lecheva turned the first sod, initiating construction on the new Sofia Sports Hall. However, the construction process has been marred by complaints from Strabag Sports Hall.

Plovdiv airports new terminal is poised to transform the region into a major tourist destination and substantially increase investment in southcentral Bulgaria, Stroitelstvo Gradut has reported.

The Super Bourgas project, which aims to renovate infrastructure facilities and open the city to the sea was effectively given a kick start at a launch ceremony attended by Transport Minister Petar Moutafchiev, Finance Minister Plamen Oresharski and Bourgas mayor Dimitar Nikolov.