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Bulgaria Property and Lifestyle News

property and lifestyle news in bulgariaData reported by Address, the largest real estate agency in Bulgaria, for the two months of May and June, shows that only 20% of all property transactions were for off plan properties. Off plan appears to have completely fallen out of favour, with owners having to wait months and reduce their asking prices in order to effect a sale. The agency reports that they believe property prices have now fallen to realistic levels, dropping some 23% across the country in the first half of the year, and are not likely to collapse, although the downwards trend of off plan sales is forecast to deepen.

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BlackSeaRama Golf Course, Bulgaria

blacksearama golf course to open with gary playerGolf lovers in Bulgaria and those going on holiday to the country to play a round, will be delighted to learn that BlackSeaRama golf course is to be officially opened on July 18. The signature designer of the Black Sea coastal course, the legendary Gary Player, will be attending, to also host a charity golf tournament. This world class standard golf course has been some years in the making and Gary Player himself has visited the site several times to check on progress at both of his signature courses near Varna - BlackSeaRama and Thracian Cliffs, within a short drive of Varna international airport.

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Bulgarian Property News

parking is expensive in sofia bulgariaFor anyone thinking of buying a property in the capital, Sofia, make sure you have a garage! Sofia is more expensive for parking than the capital cities of Spain and Germany, according to a survey by Colliers International. A day's parking in Sofia comes in at 8 to 12 euros, whilst parking for a month is from 100 to 200 euros. Sofia has a dearth of parking, making fees very high and it is now the 13th most expensive city in Europe in which to park. This inevitably influences the price of property and office space. Those properties offering parking lots or underground garages are on the market at a premium. London came in the most expensive for monthly car parking, with rates in the city of 630 euros and 590 in the west end. Highest daily charges were in Amsterdam, where it costs a huge 50 euros a day to park your car.

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Bulgaria Hopes to Sign for Formula 1

motogp signed, is formula 1 next for bulgariaMotorsport fans in Bulgaria will be keeping their fingers crossed next week that the Formula 1 comes to Bulgaria from 2011. Bernie Ecclestone has invited the head of the Bulgarian Motorcycling Federation to Nurburgring where the German round of the Grand Prix is being held from July 10 to 12. With a MotoGP agreement already in place, the hope is to discuss the two potential venues for a Formula 1 circuit, although the likely choice is the northern town of Pleven - property buyers take note!

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Bulgaria Elections: Comment on Interesting Times

elections in bulgaria, are they all they are cracked up to be?With less than 24 hours to go, amidst taunting, bickering and downright slander, here are the latest scores on the Bulgarian election. As if there were such!   We "live in interesting times" is perhaps the old Chinese curse, maybe now coming to haunt the people of Bulgaria? I'm not sure whether 'interesting times' is sufficient to describe the financial circumstances of most of us ordinary mortals living in the country but it can certainly describe the position of the parliamentary hopefuls in Bulgaria as they play out their 'interesting' pitch to get back in or into government and we watch on, dumbfounded, at their posturings, reactions and interactions.

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New Bulgarian Property Website Launches

bulgarian property on the black seaAn exciting new Bulgarian property internet site has hit the scene, coming from an estate agent with over five years experience in the Bulgarian property market. Make a note of their name, Accordia Properties. As an Anglo-Bulgarian company they have a professional understanding of the local market and international buyers.  Accordia Properties are specialists in property on the northern Black Sea coast area of Bulgaria with homes ranging from the simple to the most luxurious designer apartments.

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Airport Transfers in Bulgaria

reliable bulgarian airport transfersIf you are one of the many holiday makers or Bulgarian property owners who have boarded a plane for Bulgaria and been worried about how you will cope the other end, then this airport transfer service will give you peace of mind. Transfers Bulgaria is a company specialising in collecting and taking passengers to all four corners of the country. The company was first established in 2002 by a group of people from the Security and Transportation market sectors. With such a reputable background, the company provides a high standard of service through their qualified and fully vetted staff.

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Bulgarian Property Foreclosures

list of bulgarian foreclosed propertiesIt has been hard work finding Bulgaria property which is near or at foreclosure until now. Previously, if you were interested in foreclosure sales in the country you had to visit City Hall or the Regional Court and check the printed listings. Now, it's all much easier with a simple click to the internet site of the private debt enforcement agents, Novinite reported. Properties throughout Bulgaria are listed with location, price and type of property (house, land, etc).

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News Roundup in Bulgaria

more high value properties than declaredPay reduction for ministers. As an antidote to the current financial crisis, the Council of Ministers voted this week on a reduction in salaries for ministers. The proposal was put forward by the Finance Minister, who was reacting to worries over a potential budget deficit in 2009. The Council of Ministers agreed to a 15% reduction in wages paid to the members of the political cabinet. Perhaps the Members of Parliament in Britain should take a leaf out of Bulgaria's book; it may go some way to alleviating the problem of all the expenses they are claiming!

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Bulgaria Performs in World Property Prices

year on year increase bulgarian propertyThe latest Knight Frank report on world property prices was published last week, showing most markets to be still in a general downturn. Some countries bucked the trend with increases in year on year property prices, including Bulgaria. Others fared less well, particularly Dubai and Singapore, down 32% and 23% respectively.  Knight Frank said that there was some evidence of buyers now snapping up bargains but that others were holding back hoping prices may fall lower.

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