Angel Zahariev
New Concert Hall with 5,000 Seats Planned Opposite Sofia's Central Station
A new concert hall with a capacity of 5,000 seats is set to be constructed opposite the Central Railway Station in Sofia. The facade of the hall will overlook the square in front of the station, standing at a height of 26 meters, while the roof will rise to 35 meters. Currently utilized as a parking area, the land spans an area of 9.6 decares, extending between "Maria Luiza" Blvd.
Skyscraper Frenzy Divides Locals in Bulgarian Capital
Projects to construct new skyscrapers in the trendiest parts of Sofia, the capital of Bulgaria, have triggered fierce debates about Sofia's city planning and the loose regulations on large-scale property investments.
Experts Warn about Property Bubble Risk in Eastern Bulgaria
Major players in the construction industry have cautioned about a bubble risk on the real estate market and in the construction sector in eastern Bulgaria in the next few years.
Bubble fears are explained with the fact that the demand for vacation properties, mostly by Russian-speaking citizens, is concentrated there, according to reports of investor.bg.