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08.05.2007 BULGARIAN SPA PROJECTS BOOST PROPERTY PRICES
Sofia Echo
Investors have been working on spa tourism projects for a long time, Kapital daily reported.
There are spa centre and hotel construction projects in, among other places, the well-known destinations Sandanski, Kyustendil and Apriltsi. These regions boast favourable natural resources and, unlike other traditional resorts, are not burdened by overbuilding.
Major spa projects have already influenced the property market, in certain regions further boosting property price increases.
The regions of Bansko and Razlog have emerged as the most popular among investors.
According to real estate agency Address, eight vacation complex projects with a total built-up area of 50 000 sq m are underway in the village of Banya. The village is near Bansko and has 70 mineral springs.
As a result, average land prices in the region went up, reaching 40 to 100 euro a sq m, Address said.
A major spa project in Kyustendil will result in a hotel and apartment complex of 32 055 sq m area. The centre will target wealthy clients.
National Statistical Institute (NSI) data said that residential property prices in Kyustendil increased by 11 per cent in the first quarter of 2007.
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27/July/2011
pochivka.com
A new airline has entered the Bulgarian market. The Bulgarian seaside city of Bourgas welcomed the first flight of German Sky Airlines a few days ago. The airline company will have regular flights every Friday until the end of the tourist season.
The 181 passengers from Düsseldorf were welcomed with Bulgarian roses and souvenirs. Each of the passengers also received a guidebook wit... read more
17/April/2012
www.homesgofast.com
Despite continuing falls in property prices, there are some areas of Bulgaria that are attracting interest from overseas property buyers. That’s the view of a leading Bulgarian property expert who believes that there are some great property bargains to be found in the country.
This comes after a new report shows that property rights in Bulgaria are improving. The country is now cons... read more
29/February/2012
BULGARIAN PROPERTIES
Varna Airport is announced to open on 29.02.2012 and it is ready to welcome guests and tourists from various destinations. The airport will renew operations after it was closed for a few months for renovation.
The project of Fraport Twin Star Airport Management for renovation of the airport pistes, in which the company invested nearly 40 million BGN, sgarted on 15th Oct, 2011. The ... read more
04/January/2012
Trud Daily, 04.01.12
The asking prices of holiday homes in the large resorts in Bulgaria continue to fall, an analysis of BULGARIAN PROPERTIES shows. Compared to the end of 2008 prices of apartments in Sunny Beach have decreased by about 45%. At the end of November 2011 the average asking price was 750 EUR/sq.m. and 51,4... read more
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