January 10, 2007
Arabian Nights in Bulgaria
Bulgarian Dreams recently launched a new €100 million development. The luxury real estate developer with offices in London and Bulgaria is focusing on investors from the Middle East. They have their eyes on a prime location on a cliff that overlooks the Black Sea. The site is set to be one of the most luxurious coastal resorts in Europe.
Posted on: Bulgaria
January 7, 2007
France’s heritage for sale
If you’re looking for property with a bit of history and heritage attached to it then the way to go is France. A special division was recently created to look at the French government’s real estate for resale.
The French state owns about 28,000 properties. These properties are jointly worth about $50 billion. About $2 billion’s worth of property has already been sold off in the past three years.
One building of interest that is going to be sold early in 2007 is the Hotel Majestic. Situated in central Paris, the hotel is a great historical structure because it is believed to be the command centre for the Nazis when they occupied France. It is estimated to be over 500 million Euros.
Posted on: France
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