Owners of property in Veliko Tarnovo’s Nezavisimost Street and developers who want to build in the area will have to meet certain requirements for renovation and construction.
An expert team of architects Nikolay Malakov, Donka Koleva and Stefan Tangalov have prepared a scaled model of the original look of the historic street, as well as a set of requirements for developers, regarding the buildings height, elongation, façade, etc.
Veliko Tarnovo real estate
Bulgarian real estate market marked a growth of 1.42% in sales on an annual basis during the third quarter of 2013, reports Novinite.com.
According to the English issue of the online media, during the third quarter a total of 59 475 Bulgarian properties were sold.
The property sales in the bigger regional cities account for 53% of the total national sales.
The highest price increase compared to the same period in 2012 is registered in Burgas, followed by Sofia and Plovdiv.
Construction in August has declined compared to July this year, and compared with the same month last year, according to the National Statistical Institute (NSI), reports Dnevnik.
Usually the summer months are the strongest in the sector because of the favourable weather conditions, but this August NSI reported shrinking in the construction of buildings and infrastructure.
Preliminary NSI data shows that in August 2013 the index of production in the sector, calculated on the basis of seasonally adjusted data, has dropped by 1% compared to the previous month, and by 9.5% from levels reported in August 2012.
Compared to July 2013 civil construction decreased by 1.1 % and building construction – by 0.8%. Compared to August 2012 the decline was respectively 12.3% and 7.2% .
Construction project worth 7 million leva is set to finance the building of 200 new apartments in a new quarter of Veliko Tarnovo. The properties are to be built at the site of the former demolished Pharmacy Management quarters in Veliko Tarnovo, reports the local newspaper “Borba”. The information is provided by the “Construction and Spatial Planning” department in Veliko Tarnovo.
According to it, the papers for the new construction projects are already approved and signed. This is the first major site to be approved after the construction boom and the severe crisis that hit the industry.
In addition to the 200 apartments, the project includes the construction of a number of retail outlets, including a superstore, underground carpark and recreation areas. Office buildings are also going to be built and they would be accessed from Marmarliyska Street.
Character homes in Bulgaria
South African investors to build architectural reserve, consisting or traditional Bulgarian houses from the Revival Period, near Zlataritsa. Visitors would be able to see a variety of traditional homes characteristic of different Bulgarian regions – Arbanasi, Strandzha, Pirin, etc.
This interesting Bulgaria real estate is located by the river and is planned to have four or five houses in which tourists will have the opportunity to see and learn more about authentic Bulgarian traditions from different ethnographic regions of the country.
The complex will be on land of about 100 hectares. Investors have been buying plots and dealing with land consolidation for the past three years. The complex will also have a dairy and farm.