30.04.2009 Tourists Choose Aparthotels This Summer
Zhenya Atanassova, Chernomorski Far, Bourgas, vol. 79, 28.04.09
"The stress which the people in the EU are subject to makes a lot of our potential clients choose exactly Bulgaria as an inexpensive destination”, Property Management BG comment.
Property Management BG received a commission from the local building company Midia for managing its new holiday development in Aheloy. Midia Resort will open its doors for tourists in August. In the last two years the apartments in the complex are sold mainly to Russians, Czechs, Polish, and Latvians at prices from 1,000 to 1,300 Euro per square meter. The sales were made by the company Bulgarian Properties. A night in the development will cost around 50 Euro due to the complex’s top location.
“We are expecting tourists from Russia, the Czech Republic and Romania”, comment from the company.
According to Bulgarian Properties the annual return on the investment in the apartments varies from 3% to 5% in a time of crisis. Every promise for a return on the investment of over 5% is unrealistic as the real estate sector is one of those hit hardest by the crisis.
"At the moment we can’t make any forecasts about how the property market will develop. We have clients from Russia, Poland, Denmark and other European countries”, comments Mihail Chobanov, co-founder of Bulgarian Properties.
According to him developers pin great hopes on the forthcoming summer season. Meanwhile, potential clients expect prices 20-40% lower compared to last year. Mihail Chobanov advises developers to offer competitive prices and attractive payment conditions in order to attract more clients and finances to the country. According to him there are no attractive offers for seaside hotels and there is no panic among their owners. Most of the offers are for small family hotels.
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The island of Saint Anastasia will welcome guests with folk rituals for health and fertility in the first edition of the "Bile Fest", a heraldic festival, announced Burgas Municipality.
More than 50 participants will take part in the event with herbs and healthy foods, curative extracts and ointments, and will show the authentic ways of preparing them.
The accompanyin... read more
Following a strategy for presence with our own offices in all major cities and resorts in Bulgaria, we are most pleased to announce that we have opened a new office in the coastal city of Burgas!
It is located in a modern office building in Lazur area with address:
5, Adam Mitskevitch Str., etrance B, fl. 2, office 2
Burgas Office on the map
Tel: +359 56... read more
Public transport in Sofia is getting greener in recent months. This is why the new YUTONG E12 electric buses, which run on the public transport lines in the capital, contribute to this.
Changing transport habits is a very slow process that requires new behavior, investing new infrastructure, investor.bg reported. YUTONG E12 buses run for 5 months now in Sofia.
These v... read more
Material: Bnr.bg, Source: golfscape.com
Bulgaria features quite well on the golf destination map of the planet! It may be surprising to some but is in fact the result of many years of efforts and dedication. Earlier this month the blog golfscape carried a ranking of the 18 most impress... read more
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