Latest News

08.05.2007 BULGARIAN SPA PROJECTS BOOST PROPERTY PRICES

Sofia Echo

Photo by Hughes Legalise-Bataille
Bulgaria’s State Agency for Tourism says that the number of tourists visiting spa resorts will increase by 75 per cent in the next three or four years.

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.

View Properties in/near Sandanski

View Properties in/near Kyustendil

View Properties in/near Bansko

View Properties in/near Razlog




  Read more news
LATEST REGIONAL NEWS
The First "Bile Fest" - Herbs Dedicated Festival Will Be Held on the St. Anastasia Island in Bourgas

12/June/2019
https://www.novinite.com

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

Comments from clients
Dear all on the website after buying a property in September on site we have just purchased another ...
says Jim Patrick from UK, London
I´m very happy chosen Bulgarian Properties for finding a new Apartment for me. I´ve got a perfect ...
says Carolin Jeske from Germany
I just want to say a massive thank you to Angel and Gergana who provided an absolutely first class ...
says Dan Woods from United Kingdom
All comments from clients (582)
Leave a comment
Get to know more about our company!
Find out how we can help you sell your property
Properties on the Bulgarian Black Sea Coast - top selection!
Read our market analyses and forecasts!
Read topical information about Bulgarian real estate, economy and tourism!
Hot offers
Plot for investment in Dragalevtsi Page Title
Sofia Gumi Diana Investment land Plot for investment in Dragalevtsi - A plot of land with a great southern exposure, mountain and city views
€365,900
Plot of land with permit for office building construction on Simeonovsko shosse Blvd. Page Title
Sofia Maxi complex Building plot with project Plot of land with permit for office building construction on Simeonovsko shosse Blvd. - Investment land with project for building with offices, café and showroom
€520,000
Functional Studio in Year-round Complex Page Title
Razlog Studio Functional Studio in Year-round Complex - Furnished apartment set next to a golf course and a spa center
€14,950 €12,950
Investment land in the developing area Krustova vada Page Title
Sofia Botanical Garden Investment land Investment land in the developing area Krustova vada - Plot of land with potential and proximity to the Ring Road and Cherni Vrah Blvd.
€217,400
Studio Aspen Valley near Bansko Page Title
Razlog Studio Studio Aspen Valley near Bansko - Large studio in all year round complex
€10,500

View all our hot offers in Bulgaria

Latest News
Brits rate Bulgaria among the best holiday destinations for value

11/June/2019
The Sun, Samantha Lock

Source: thesun.co.uk

IT'S a good time for Brits to book a cheap holiday as prices plunge in many popular and unexpected travel hot-spots, a nation-wide travel report has revealed.

The Bulgarian resort of Sunny Beach on the Black Sea Coast offers UK holidaymakers the best value for money, while mainland Spain continues to entice tourists with its beaches, culture and c... read more

LATEST REGIONAL NEWS
Varna Highlights Walk - free walking tours of Varna (in english) - 2019

02/April/2019
http://www.visit.varna.bg/en

Are you curious to learn more about the Sea Capital of Bulgaria?

In appreciation to all visitors of Varna, Varna Municipality, in cooperation with the Union of Bulgarian Tourist Guides, is organizing a free walking tour in English, 4 days a week!

Varna Highlights Walks are led by professionally licensed guides who are excited to share with you the city's history, loca... read more

DID YOU KNOW?
NSI: Household Income Grows By 7.3% in 2018

16/April/2019
https://www.novinite.com/

The annual total income average per capita is 6 013 BGN in 2018 and increases by 7.6% compared to 2017. The total income average per household member increases 1.6 times during the 2009 - 2018 period.

The following more important changes with respect to the sources of total average inc... read more