Bulgaria Ski discussion board
2 Major Points Of Interest
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posts : 13 (Beginner)Date : 09-17-07 17:572 Major Points Of Interest
Taken from todays Sofia Echo.
ARAB BILLIONAIRE TO CONSTRUCT TOWERS AND HOTELS IN BULGARIA
17:14 Mon 17 Sep 2007
Arab billionaire and nephew of the sheikh of the Sharjah emirate Tariq Bin Faisal Al Qassimi plans to invest in the construction of hotels and towers in Bulgaria.
Al Qassimi is economy minister of Sharjah . He met Bulgarian Prime Minister Sergei Stanishev on September 15 in the United Arab Emirates, Standart daily reported.
On his way back from a work visit to ...
ARAB BILLIONAIRE TO CONSTRUCT TOWERS AND HOTELS IN BULGARIA
17:14 Mon 17 Sep 2007
Arab billionaire and nephew of the sheikh of the Sharjah emirate Tariq Bin Faisal Al Qassimi plans to invest in the construction of hotels and towers in Bulgaria.
Al Qassimi is economy minister of Sharjah . He met Bulgarian Prime Minister Sergei Stanishev on September 15 in the United Arab Emirates, Standart daily reported.
On his way back from a work visit to ...
Taken from todays Sofia Echo.
ARAB BILLIONAIRE TO CONSTRUCT TOWERS AND HOTELS IN BULGARIA
17:14 Mon 17 Sep 2007
Arab billionaire and nephew of the sheikh of the Sharjah emirate Tariq Bin Faisal Al Qassimi plans to invest in the construction of hotels and towers in Bulgaria.
Al Qassimi is economy minister of Sharjah . He met Bulgarian Prime Minister Sergei Stanishev on September 15 in the United Arab Emirates, Standart daily reported.
On his way back from a work visit to India, Stanishev's plane landed in Sharjah to refuel. Al Qassimi and Stanishev met in the airport's VIP hall.
The sheikh's family owned seven-star hotels of the Palazzo Versace chain and 26-floor twin glass towers in Sidney and Dubai.
Emirates Investments Group would be interested to invest in Europe. The company owned hotels and banks and businesses in the insurance and petrol industries, Standart daily said. It had already invested more than six billion dollars in Australia, Singapoure and Pakistan.
The sheikh would invest in ski and sea tourism and in office buildings in Bulgaria. He would visit Bulgaria in October and meet Stanishev again.
AND
BULGARIAN PROPERTY PRICES 10 PER CENT UP BEFORE END OF YEAR
16:34 Mon 17 Sep 2007
Property prices in the bigger cities in Bulgaria will rise with 10 per cent before the end of the year.
This was the consensus among real estate agents in Bulgaria, actualno.com said.
Property prices are going up daily and there is no reason in the near future for a dramatic decrease, said Toni Mladenova, of real estate agency Bulgaria 21.
There was still a large demand. For some of the offers there were three-four clients, Monitor daily quoted her as saying.
The highest interest was for apartments with a floor space of 60 to 70 sq m, she said.
Prices for cheaper apartments would rise most over the coming months, specifically those in panel blocks and older brick buildings outside the central areas of the cities, expected Valeri Leviev of agency Elta Konsult. Their prices would rise with about 10 per cent till the end of the year.
New apartments would rise in value with a smaller percentage. Newly constructed real estate would not become more expensive, he said.
He did not believe the market is afraid of a price balloon, Leviev said. The Bulgarian economy was growing, income was growing and the bank system was stable. Real estate in Bulgaria was cheaper than in most Central en East European countries, he said.
Some of the agents are expecting higher price increases. Tihome Tsakov, manager of agency Aristo, thought property prices in Sofia would go up with 20 – 25 per cent.
PP
ARAB BILLIONAIRE TO CONSTRUCT TOWERS AND HOTELS IN BULGARIA
17:14 Mon 17 Sep 2007
Arab billionaire and nephew of the sheikh of the Sharjah emirate Tariq Bin Faisal Al Qassimi plans to invest in the construction of hotels and towers in Bulgaria.
Al Qassimi is economy minister of Sharjah . He met Bulgarian Prime Minister Sergei Stanishev on September 15 in the United Arab Emirates, Standart daily reported.
On his way back from a work visit to India, Stanishev's plane landed in Sharjah to refuel. Al Qassimi and Stanishev met in the airport's VIP hall.
The sheikh's family owned seven-star hotels of the Palazzo Versace chain and 26-floor twin glass towers in Sidney and Dubai.
Emirates Investments Group would be interested to invest in Europe. The company owned hotels and banks and businesses in the insurance and petrol industries, Standart daily said. It had already invested more than six billion dollars in Australia, Singapoure and Pakistan.
The sheikh would invest in ski and sea tourism and in office buildings in Bulgaria. He would visit Bulgaria in October and meet Stanishev again.
AND
BULGARIAN PROPERTY PRICES 10 PER CENT UP BEFORE END OF YEAR
16:34 Mon 17 Sep 2007
Property prices in the bigger cities in Bulgaria will rise with 10 per cent before the end of the year.
This was the consensus among real estate agents in Bulgaria, actualno.com said.
Property prices are going up daily and there is no reason in the near future for a dramatic decrease, said Toni Mladenova, of real estate agency Bulgaria 21.
There was still a large demand. For some of the offers there were three-four clients, Monitor daily quoted her as saying.
The highest interest was for apartments with a floor space of 60 to 70 sq m, she said.
Prices for cheaper apartments would rise most over the coming months, specifically those in panel blocks and older brick buildings outside the central areas of the cities, expected Valeri Leviev of agency Elta Konsult. Their prices would rise with about 10 per cent till the end of the year.
New apartments would rise in value with a smaller percentage. Newly constructed real estate would not become more expensive, he said.
He did not believe the market is afraid of a price balloon, Leviev said. The Bulgarian economy was growing, income was growing and the bank system was stable. Real estate in Bulgaria was cheaper than in most Central en East European countries, he said.
Some of the agents are expecting higher price increases. Tihome Tsakov, manager of agency Aristo, thought property prices in Sofia would go up with 20 – 25 per cent.
PP
re: 2 Major Points Of Interest
and this PP:
Indian co's in talks to buy hotels in Bulgaria (Dnevnik)
Two Indian corporations are in negotiations to acquire hotel properties in Bulgaria, said Poli Karastoianova, executive director of the National Tourism Board. She did not name the companies, saying that more details will be available after the deals are finalised over the next couple of months. The Indian companies are interested in 4- and 5-star hotels in local sea and mountain resorts. One of the foreign companies ...
Indian co's in talks to buy hotels in Bulgaria (Dnevnik)
Two Indian corporations are in negotiations to acquire hotel properties in Bulgaria, said Poli Karastoianova, executive director of the National Tourism Board. She did not name the companies, saying that more details will be available after the deals are finalised over the next couple of months. The Indian companies are interested in 4- and 5-star hotels in local sea and mountain resorts. One of the foreign companies ...
and this PP:
Indian co's in talks to buy hotels in Bulgaria (Dnevnik)
Two Indian corporations are in negotiations to acquire hotel properties in Bulgaria, said Poli Karastoianova, executive director of the National Tourism Board. She did not name the companies, saying that more details will be available after the deals are finalised over the next couple of months. The Indian companies are interested in 4- and 5-star hotels in local sea and mountain resorts. One of the foreign companies is poised to acquire a Bulgarian tour operator that owns 5 hotels while the second one is eyeing hotel assets managed by local hotel chains, said Karastoianova.
Indian co's in talks to buy hotels in Bulgaria (Dnevnik)
Two Indian corporations are in negotiations to acquire hotel properties in Bulgaria, said Poli Karastoianova, executive director of the National Tourism Board. She did not name the companies, saying that more details will be available after the deals are finalised over the next couple of months. The Indian companies are interested in 4- and 5-star hotels in local sea and mountain resorts. One of the foreign companies is poised to acquire a Bulgarian tour operator that owns 5 hotels while the second one is eyeing hotel assets managed by local hotel chains, said Karastoianova.
