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Nikolay Dikov, Business Development Manager at Balkanstroy AD, in an Exclusive Interview for Property Xpress


Sofia, Bulgaria (8 August, 2007, Property Xpress) – “Certification of investment projects should become less ceremonial and more beneficial to the recipients”: Nikolay Dikov, senior manager at one of Bulgaria’s largest real estate developers comments in the interview, published recently in

What the real benefits for First Class certified investors in Bulgaria are? Why do the authorities act rather cautiously as far as the sale of a state or a municipal property without a tender is concerned? Is the Environmental Impact Assessment procedure too complicated for property types such as golf complexes and ski tracks? Why does its application often favor the traditional type of construction which adds a lot of “bricks and mortar” to the environment? What has fueled the demand for office space in Sofia? How is Sofia Municipality expected to boost the city’s development? What do institutional real estate investors tend to omit when it comes to shopping-center projects? Which property types are expected to enjoy the brightest prospects in Bulgaria? Which residential sub-market is largely underestimated at the moment in the country?

You can find out also: When will the internal opening of the golf course within the Pirin Golf Holidays Club take place and when will the whole complex be put officially into operation? Which and where will be the company’s next golf project, after Pirin Golf & Country Club? What yields is Balkanstroy anticipating for the housing part of the Katarino Spa complex? Has the company found an institutional investor for its San Stefano Plaza project? In which segment is the developer considering expansion abroad?

About Property Xpress:
Property Xpress is a daily updated electronic publication designed to facilitate the search for reliable and relevant information on the real estate markets in Southeastern Europe and Ukraie.

INTERVIEWS: Property Xpress invites for interviews well-known professionals and investors - both international and local. The personal experience of the people who have been operating in this sector and region for years and the review of their current and future projects are the pillar of the service.

GEOGRAPHICAL COVERAGE: Property Xpress covers Romania, Bulgaria, Serbia, Montenegro, Ukraine and Moldova.


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