REIT BLD unveils details about Rogachevo holiday home complex |
2007-06-26 00:00 News from Dnevnik.bg
Bulgarian Land Development plc (BLD), the AIM-listed Bulgarian residential property developer, has released details about its Harmony Hills holiday homes development near the village of Rogachevo, in coastal municipality Balchik.
The price of the home units in the 6 mln euro development will range between 750 and 1,200 euro/sq m, said BLD executive director Dimitar Savov.
Harmony Hills, located several kilometers from sea resort Albena, will comprise 20 detached homes and a further 182 apartments. The complex should be completed by May 2008.
A hundred of the holiday homes have been sold off-plan to British, Irish, Spanish, Russia and Romanian buyers. Around 95% of the home buyers have signed a property management contract.
The REIT is developing a holiday complex on a 10 ha site near Kavarna, on Bulgaria`s Northern Black Sea coast.
In October, the company is expected to start the off-plan selling of home units in the vacation complex that will be developed on a 5.6 ha site between the city of Samokov and ski resort Borovets.
The company will also build a five-star hotel and apartment complex adjacent to the Kempinski Hotel Zografski in Sofia. The 40 mln euro scheme will e a mix of small and large apartments with the asking price expected to start from 3,000 euro/sq m. The company describes the property, which will offer a panoramic view of the capital city, as one of the most luxurious currently under development in Sofia.
This News is listed at news.Guide-Bulgaria.com
Pages:  > 2009-06-23 Bulgaria ranked 4th as Top Real Estate Investment Destination
> 2009-06-23 English settlers at Bulgaria`s Black Sea coast sell their homes
> 2009-06-18 More than 80 property agencies in Bansko close down
> 2009-06-11 Only Russian buyers can save the Bulgarian property market
> 2009-06-09 Bulgaria Estates Reach Real Market Prices
> 2009-06-04 Turyan mayor: Number of foreign property buyers has decreased
> 2009-06-03 11% less newly built residential buildings for Q1 of 2009
> 2009-06-02 Property developer BLD will build holiday village near Kavarna
> 2009-05-28 Fall of the prices of residential properties from 16% to 38%
> 2009-05-28 Over 10 000 apartments owned by foreigners offered for sale
> 2009-05-22 Port of Burgas sells to its employees real estate owned by the company
> 2009-05-13 Project for new hotel complex in Teteven
> 2009-04-28 Hard year for the residential segment in Bulgaria and Romania
> 2009-04-10 The average renting price of offices in Sofia`s decreased by 18%
> 2009-04-08 New property project in Varna Breeze neighbourhood
> 2009-04-08 Mortgaged flats available on the Bulgarian real estate market
> 2009-04-02 State sells land in the Black Sea region - most preferred are near Kavarna and Aksakovo
> 2009-03-27 Golden Pearl resort near Varvara is illegal
> 2009-03-24 Big interest from Russian investors for properties in Sofia and BG sea-side resorts
> 2009-03-20 Russian stars purchase properties on the Black sea