News about Bulgaria

Famous designer Tommy Hilfiger has proofed once again that hands of the craftsman can significantly “rise in price” of the object, whether it is clothing or even a house.  Thanks to Tommy’s talent in cooperation with his colleague Martin Lawrence, specialising in the decoration of houses, the "luxury" house in Golden Beach (Florida, USA), located directly on the seashore of the Atlantic Ocean, went up by $ 10 million ov...

For the past six years (2010-2016) prices for real estate in Austria rose in average by 39% and this is the most outstanding example how to multiply the invested funds almost double. According to the Austrian index property ImmoDEX the average price for real estate grew by almost 40% for the past 6 years, and the secondary market shows an average rise of a 35% during the same period.   Vienna, the capital of Austria shows the slowest pace of ris...

The buildings, which are a national treasure of Bulgaria, the pride of its citizens and the object of attention of tourists from all over the world. On March 3d - National Holiday we decided to pay attention to the historical heritage of the country. March 3rd is the Day of the liberation of Bulgaria from Ottoman dominance. Bulgaria - one of the most picturesque countries in Europe and is interesting for its architecture. A typical image had been...

The highest increase was recorded in Teika, where the average price per square meter reaches 864 euros, while the lowest rate at Bolderaja is 486 euros per square meter. Prices for apartments in Riga increased by 7.6% in 2016, so they reached 706 euros per square meter. All the areas of the capital were "attacked", but the most remarkable jump is observed Imanta (10%), while the lowest growth in Bolderaja (4,1%), according to The Baltic Co...

Even though the number of deals in 2015 decreased by 14% Russians are still at top 10 of the most active foreign investors in Spain. Spanish Association of Property Registrars published a report for 2016. According to them, the number of transactions with foreigners increased by 15% over the year. The Spanish Association of Land Registrars recently published a report for 2016 and according to them, the number of transactions with foreigners incre...

The average cost of housing exceeds annual income about than seven times. Houses and apartments in British cities have been financially inaccessible for almost a decade. The average cost of housing is almost seven times greater than the annual income, according to Lloyds Bank. Oxford is the least affordable city in the UK, explains Bloomberg. Property prices there are almost 11 times higher than the average annual income, in Stirling, Scotland, price...

Clint Eastwood sells his estate, located in pebble beach, California. The asking price $9,75 million, says Realtor. Mansion named Hacienda Este Madera is made in the colonial style and features a 640 square meters. Huge living room, several bedrooms, a professional kitchen and a stunning ocean view, along with several cosy fireplaces and the whole environment is uncluttered and very comfortable. There are six private guest suites and in general, the...

Turkish authorities eliminated to VAT for the purchase of residential property for foreign citizens, hoping that it will increase the interest to the local real estate, says Hurriyet Daily News. The law was approved on 23rd of February by the Turkish Parliament - and also will act with respect to the Turkish citizens, who lived and worked abroad for more than six months. Under the new law, foreign nationals will be exempt from VAT on the purchase...

According to the popular international real estate portal of The  Move the Channel, in the last 12 months, a significant increase in demand for the home purchase in Thailand by foreigners had been noticed. The number of requests for properties in Thailand increased by 60% in the second half of last year, whereas only in the Q4 the growth was 37.5%. This is because tax rates on the purchase of housing are apparently "favoured customers."...

Oscar is the most prestigious movie award ceremony presented by the Academy of Motion Picture Arts and Sciences (AMPAS), honored the best films of 2017 on February 26th. But it's not only the artists who became famous but the pieces of real estate either! Analyzing the fate of objects before and after the appearance on large screens, it is possible to come to the conclusion, that a successful film quite often is able " to excite" the pri...

People often say ‘if these walls could talk, what stories they’d tell’. Well that’s certainly true of Eldon Grove, the iconic Grade-II listed building located in Liverpool’s Vauxhall district. The Vauxhall area is perhaps most famous for having the Scotland Road running through it. This historic stagecoach highway took travellers to and from Scotland, providing a key trade route between the north and south of t...

According to the latest survey by international travel portal Hoppa, one of the most affordable vacation destinations around the world is Bulgarian Sunny Beach. Hoppa compares the cost of the holiday in the most popular resorts in the world. In 2016, the list was topped by Sunny Beach– as the most "friendly tourist destination for the family budget". He was a leader among the 84 of the world's tourist resorts. One night’...

The world-famous 86-year-old investor bought the property in 1971 for $ 150,000 now selling for $ 11 000 000. Billionaire bought a house called Laguna Beach, because his wife liked it, without giving a thought to its potential as an investment. The family used to come there for summer and Christmas holidays, but since his wife died in 2004 he almost abandoned the place and finally decided to say goodbye to Laguna Beach.   Mr. Buffett, one of th...

Surely, there is no such offer on the sea cost, but moving deep to the country, at a place called Slavonia, prices starting from 7 000 euros.   The reason is that Slavonia is the most economically weak place in Croatia. Young people are moving out of a countryside and the older generation is slowly passing away. Over the past eight years, the cost per square meter in Slavonia fell by 50-60%, says Total Croatia News. In 2017, home prices will ...

It will take 14 months to finish the entire process and will cost € 3 million. The seven-storey building will offer 28 apartments. The project is supported and financed by 14 members of the cooperative who have invested in their own means and borrowed funds as well, says Noticia.ru. This house is not only an architectural but also a social experiment, says Elena Fabre, the representative of the cooperative. We will make this housing will m...

Nonsense, some would say! Well, not exactly. Most of us believe, if they have had millions, they would live in luxury condo in downtown or own a villa on the sea coast, right? But some think quite different. Beyoncé and Jay-Z, the world’s highest-paid celebrity couple according to Forbes journal, were kindly asked to vacate their LA apartment after the landlord decided to sell it. But they seemed not to eperiecne a lot of trouble as they alrea...

The cost of secondary housing in Spain is growing. Thus, in the second half of 2016, the average price per square meter was €1690, by 7.37% more than at the same period of 2015, shows the study of the experts of the company Tecnocasa, which conducted a joint study with the University of Pompeu Fabra. Still, the cost of the square meter is not as high as it was 2006, when it reached €3489. When the bubble burst, there was a serious price ad...

Paris raises the municipal tax (taxe d'habitation) for vacant housings, whose owners are the foreigners, says the international portal about real estate The Move Channel.   According to the official data for the past 15 years, the number of homeowners, non – residents increased by 43%, while the number of people employed by tenants of houses increased by only 3%. Thus, 10% of the 1.1 million homes in Paris are owned by foreigners. Th...

According to the National Bureau of Statistics the housing prices rose in 64.3 per cent of China's major cities in January, which considers to be the lowest rise in the last 12 months. According to the National Bureau of Statistics, housing prices dropped down on January 2017 in 15 cities, including Shanghai (-0.1%) and Shenzhen (-0.5%), after their local municipalities adopted measures in October to check real estate prices, says  News.com...

  Intermediate payments and transfers from the EC with the total cost of 67 million euros had been made by January 2017, says Andrew Novakov, the EMP from GERB. Bulgaria is in the third place among European countries in up taking and processing the EU donations. For the first months of 2017 European Commission made international payments and transfers of the amount of 67 million euros from, informs GERB press centre, referring to Mr. Novakov&r...