REGIONAL NEWS

18.01.2011 Sofia – The Cheapest Tourist Destination in Europe

BULGARIAN PROPERTIES

Sofia tops the ranking for the cheapest European cultural destinations which includes 40 major cities. The data comes from a research of the company Price of Travel. The last place in the ranking is occupied by Zurich.

The rating is made on the basis of a brand new methodology. What is taken into account is the following:

• One night in the cheapest bunk at the least expensive hostel with a good location and good reviews
• Two public transportation rides per day
• One paid/famous attraction per day
• Three “budget” meals per day
• Three cheap, local beers (or wine) each day as an “entertainment fund.” Non-drinkers might have dessert and coffee or attend a local music performance instead, so this is a general benchmark that should be proportional for each city.

A day in Sofia costs 20.75 USD, according to Price of Travel. Second comes the city of Krakow, where the daily allowance for tourists is about 6 USD more compared to Sofia. Third comes Bucharest with a little over 28 USD. The most expensive tourist destinations are in Scandinavia. A night in Oslo will cost tourists 102 USD, in Stockholm – 94 USD, in Copenhagen – 84.5 USD and in Helsinki – 81.6 USD.

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Welcome to Bansko Jazz Fest 2011

21/July/2011
BULGARIAN PROPERTIES

The 14th edition of the ever popular International Jazz Festival in Bansko – Bansko Jazz Fest - will take place between August 8th and August 13th in the resort of Bansko, like every year since its founding in 1998. Bansko Jazz Fest is the biggest summer music festival in Bulgaria. Its great popularity among musicians and fans from all over the world has turned it into one of the most important cu... read more

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Residential property prices with lowest drop in 1Q 2012 since the beginning of the crisis

23/April/2012
Polina Stoykova, Chief Operations Manager of BULGARIAN PROPERTIES

According to the data of the Bulgarian National Statistical Institute (NSI) about prices of apartments in the regional cities in 1Q 2012 they have remained similar to those in the last quarter of 2011. This confirms the data BULGARIAN PROPERTIES published recently in their analysis of the Bulgarian real estate market in 1Q 2012.

The average nominal decrease of prices in the country... read more

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Three new malls in Sofia – more cinema theaters and an ice-skating rink

01/November/2011
24 Chassa, vol.296, 31.10.11

Amusement – this is what the new and the already existing malls in Sofia and the country are focusing on after the consumption of clothes, shoes and home goods decreased due to the crisis. For example, the new mall which is being built in the quarter of Lozenets is announced as a lifestyle mall. Apart from famous brand shops, restaurants, coffee shops, a bowling hall, an arcade, a gym, and a cinem... read more

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The real estate markets in Greece, Romania and Bulgaria

21/February/2012
www.setimes.com, 20.02.2012

Central Athens homeowner Mary Parisi's tale is all too familiar these days. "I've been trying to sell my house for the past year," Parisi, owner of a five-year-old 90 square metre flat, told SETimes.

No one, it seems, is ready to take the plunge. "I've placed ads in all major papers a... read more

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