In three years the coastal city of Varna is to have a new stadium and sports complex. The facility will meet all FIFA requirements for a football stadium, Focus Sport agency reported. The project was presented on February 7 in Varna’s municipality. The currently used city stadium will be torn down and the place will be used for the construction of the new facility.
Continue reading ‘Continued sporting developments for Bulgaria with new Varna stadium’

Hotel investment levels in Europe reached €21.6bn in 2006 exceeding all expectations; 37.9% up on 2005 and more than doubling the deal volume of 2004. Despite this steep increase, the number of rooms which changed ownership grew at a slower pace, reflecting a significant growth in average price per room across Europe, says a report by Jones Lang LaSalle Hotels. Continue reading ‘Foreign Investors Drive €22bn European Hotel Deal Frenzy’

Tuscany is most British buyers notion of the ideal holiday home region in Italy, however availability of cheaper properties and improved accessibility and have prompted Italian property seekers to explore some of Italy’s lesser known regions such as Calabria which until recently has remained undesirable and overlooked as an Italian property hotspot, all of which makes this pre-launch beachfront new development alert interesting reading especially considering they start from around 74,000 euros. Continue reading ‘Jewel of the Sea offers beachfront Calabrian property’

New low cost airline routes opening up are always viewed with a positive light from the UK’s perspective usually as a precurser to the emergence of a new overseas property investment location but more often as yet another city break getaway to add to the raft of options on offer these days. A piece this week in the FT by Christopher Condonin Bucharest and Theodor Troev in Sofia takes a look at prospects for the new EU residents seeking to expand their horizons as the expansion of low cost airlines operations continues in Bulgaria and Romania.
Continue reading ‘Romania and Bulgaria set for boom in low-cost flights’

Al Mazaya Real Estate Development has launched the first property index in the region under the name of Al Mazaya Real Estate Index.

Shaikh Tariq Bin Faisal Al Qasimi, chairman of the Emirates Investment Group and chairman of Emirates Global Islamic Bank, attended the ceremony where …. Continue reading ‘Gulf’s first property index created’

Buying a property abroad is a time-consuming process but unfortunately that’s not where it ends, now that you have your place in the sun you may want it to earn its keep.  The best way for a property investment to earn an income is by renting it out, however having completed on your property that is usually …..where you say goodbye to your agent and start the process of trying to rent it. Property agent Bulgarian dreams has a different idea, having helped plenty of people to invest in a Bulgarian property, the company is now offering to help them rent it if they so wish.Govisitbulgaria.com is the sister web site setup by Bulgarian dreams to market the properties of clients Continue reading ‘Govisitbulgaria.com eases the rental headache of bulgarian property buyers’

Welcome to the new Nubricks blog design, well it’s been a while in production and a long time coming I know, but we wanted to make sure it was a good one. Since we began blogging about overseas property back in December 2005, we have focused our energies on building up our international real estate news content and reviewing both new and off plan property developments from around the world which are changing the face of not only modern residential housing but also the scope of the rapidly growing holiday home market.

The new design may be a bit of a shock to some of you at first Continue reading ‘Nubricks.com new blog design is live’