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More than 350 new buildings are under construction in the region of Varna, the citys mayor Kiril Yordanov said. The majority of constructions are residential, Dnevnik daily reported. Nearly 2000 new lodgings with total area of more than 260 000 sq m will be offered on the Varna property market once the buildings are finished.

National Statistical Institute (NSI) data showed that the number of construction permits issued in the final three months of 2006 in Varna was higher by 50 compared to permits issued for the same period in 2005.

The increase of construction in Varna results mainly from big commercial projects, such as Mall Varna, Moto Pfohe office and Orchid Mall Varna.

Simultaneous construction of three business centres will begin by the end of March 2007, Dnevnik said. The centres will be located in the centre of Varna and will spread on 26 000 sq m.

Varna will also see a fourth business centre of more than 80 000 sq m of built-up area.

The construction boom in Varna will lead to an increase in plot prices, Dnevnik said.
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The First "Bile Fest" - Herbs Dedicated Festival Will Be Held on the St. Anastasia Island in Bourgas


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

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

The Sun, Samantha Lock


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

Asian Festival Sofia 2019


The third edition of the Asian Festival will be held on Saturday, June 15th, 2019, from 10am - 8pm, in Borisova Garden, Sofia.

The main goal of the event is to bring the Magic from the East of Asia to the people of Bulgaria and the international audience in Sofia, organized by the joint efforts of the Asian Embassies and Diplomatic missions in Sofia:

Bangladesh, Peo... read more

NSI: Household Income Grows By 7.3% in 2018


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