ARTICLES
A Balkans Golf Center to Be built near Town of Razlog
Nadezhda Bocheva, Klasa Daily, vol. 499, 11.05.09
On an area of 150 hectares besides the golf course there are also holiday homes and commercial areas.
The club has two golf courses – the first one has 18 holes and has been designed by British professional golf player Ian Woosnam. The second course was done by a young designer company from Germany. If one wants to use the golf courses they will need a handicap certificate issued by the Bulgarian Golf Association or by another golf association.
The training course is supplied with video equipment and is managed by Nikolay Stanev, the only professional golfer in Bulgaria at the moment. According to him with the development of golf courses in Bulgaria part of them will attract the elite players and the rest will be a place for a game of golf for the mass public.
”By building the golf club the region’s potential will develop. This is already a year-round tourist destination”, says Nikolay Kaloyanov, executive director of company Balkanstroy AD. The company is a main shareholder and executor of the project.
According to Mr. Kaloyanov 30 golf courses are not too much for Bulgaria as his argument is that after the changes the Czech Republic built 90 golf courses.
“Golf is a strategic possibility for Bulgaria to develop its tourism industry. We have beautiful nature but we lack the infrastructure. Besides, the land is parceled out between different owners”, he added.
The company is also planning to develop the ski slopes in the Kulinoto area, which is set about 12 km from the town of Razlog. The new ski zone will increase Bulgaria’s image as a ski destination.
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NSI Data: Apartment Prices in Bulgaria Drop by 1.6% in 2Q 2011. Real Price Drop after Inflation Is 1.9%
29/July/2011
Polina Stoykova, Chief Operations Manager, BULGARIAN PROPERTIES
On 22.07.2011 the Bulgarian National Statistical Institute (NSI) announced its data for 2Q 2011 for the prices of apartments in the regional cities around the country. Statistics shows that the decrease in the prices continues but now it is still slowing down as in most cities it is about 5%. This is also what the data of BULGARIAN PROPERITIES show which we announced in the beginning of July in ou... read more
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Varna Airport to Have New Terminal
21/June/2011
pochivka.com
A new terminal is planned to be constructed at Varna Airport at the end of the summer. It will be built by the concessionaire of Varna Airport and the terminal will cost 30 million Euro.
The aim of the construction of the new building is to offer more amenities to the passengers, modern systems for luggage servicing, commercial areas and a fun zone. The interior of the terminal wil... read more
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EU steps in to prevent housing bubbles
20/December/2011
europolitics.info, 15.12.2011
The European Commission is preparing to step up surveillance of housing markets in an attempt to prevent the kind of crash that sent the Irish government begging for aid from the EU and IMF to bail out banks heavily exposed to the property market. In the pipeline are a series of proposals on mortgage... read more
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