Plovdiv property prices to add 15 per cent in 2008
The city of Plovdiv now occupies second place in terms of the number of property deals, according to a chart compiled by the Varna-based Foros real estate agency. The number of transactions in Bulgaria's second largest city reached 20 000, versus 18 000 in Varna, where the market is considered much more dynamic and the number of deals is usually above the country's average.
The combined area of transacted properties in Plovdiv topped 100 000 sq m. That figure is expected to double in 2008, Dnevnik daily reported on March 14.
Plovdiv also outpaced all other big cities in terms of downtown property prices with a 61 per cent increase last year, according to Foros' report. Rent rates in the city rose 18 per cent on average versus five per cent for Sofia and Varna.
Foros forecasts a 15 per cent hike for Plovdiv property prices in 2008. Plovdiv office property prices added 32.2 per cent in 2007, which compares with 28 per cent for Sofia. Around 55 000 sq m of retail space was placed on the Plovdiv market last year with another 300 000 sq m scheduled for delivery this year.
Another town that would see strong growth would be Rousse, Dobromir Ganev, Foros general manager was quoted as saying by the daily. The trend of Romanians buying out industrial and holiday properties in the Rousse and Black Sea region would continue in 2008, he said. Foros signed a number of transactions with agricultural land and industrial plots with Romanian residents.
In a report on Rousse's property market, Foros said prices in the Danubian city have been increasing 30 per cent on average year-on-year. Rousse pre-fab apartments registered a 39.5 per cent price hike in 2007, while old-brick apartments prices added 29 per cent in value. The banks' activity in terms of mortgages and home loans, the tourists flows, the population's increasing income and the Romanians' activity on the property market are among the factors that drove the Rousse's market development, Ganev said, as quoted by Dnevnik.
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Tuesday, October 14 2008
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What`s on in Bulgaria
Theatre
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Volpone What: This comedy, written by English Renaissance playwright Ben Jonson, tells the story of Venetian nobleman Volpone who pretends he’s at death’s door to lure the numerous aspirants to his large inheritance and thereby expose their greed and foolishness. Starr When: October 10, 22 and 28 at 7pm Where: Ivan Vazov National Theatre
Cultural Institutes
Pavel Besta and his inspirations What: This exhibition by Czech artist Pavel Besta coincides with his 50th birthday. His paintings are in the realm of the grey and sorrowful. Besta discusses universal questions touching on the beating hearts and disillusioned faces who dwell in the country’s o When: Until October 31 Where: the Czech cultural centre, 100 G. S. Rakovski Str, Sofia
Art
Painters from Plovdiv exhibit in Sofia What: Natally gallery is organising a general exhibition featuring artists who have depicted Plovdiv’s gentle pace of life in their works. Visitors can admire the delicately smiling characters looking over from Angel Vassilev’s paintings, or the colourful abstr When: Until October 30 Where: Natally, 38A Gourko Str, Sofia
The return of Dimitar Voinov What: Racoursi gallery presents Bulgarian painter Dimitar Voinov, who has lived and worked in Germany since 1986. Now, 22 years later, he is exhibiting in Bulgaria for the first time. His paintings reveal the use of classic techniques, combined with ambiguous s When: Until October 31 Where: Racoursi, 4A Han Kroum Str, Sofia
Eva Peneva and Yulian Yordanov’s graphics for four hands What: This collaboration between two artists is a long-nurtured idea that finally comes to life. Yordanov presents 13 of his graphics including titles like Leda, Fragrance or Temptation. To find an adequate answer to his challenge, Peneva painted glass using va When: Until October 20 Where: Teo, 34 Macedonia Str, Varna
Soshana: Around the world in 80 years What: Austrian painter Susanne Schuller-Soshana is a true cosmopolitan. As one art critic puts it, she has travelled the world not in 80 days, but in 80 years. During her nomadic life, she has met some of the defining titans of the last century’s art scene – in When: Until October 16 Where: Astri, 34 Tsar Samouil Str, Sofia
The apple in the minds of several artists What: Though it has a small exhibition area, this gallery always offers carefully selected artists the chance to flaunt their talents. In this general exhibition nine artists have come together to explore the ‘apple theme.’ Works by Boiko Kolev, Rossen Rashev, When: Until October 20 Where: Art Gallery Paris, 8 Paris Str, Sofia
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