Archive for December, 2008

Veliko Tarnovo is hosting the XI International Folklore Festival

Monday, December 15th, 2008

Veliko Tarnovo is hosting the XI International Folklore Festival, which starts on 19 July and continues till 02 August. This year the event will gather 16 international ensembles. As a tradition they will stage in open at Marno Pole City Park.
For first time so far groups from Malta,…

Retiring to Bulgaria

Monday, December 15th, 2008

It is increasingly common to get into conversation with a taxi driver in London and find he knows one who has just bought in Bulgaria or is about to retire there. More and more people are choosing to retire abroad and many of them are choosing Bulgaria.

Environmental respect key in naming Bulgarias 2008 Building of the Year

Monday, December 15th, 2008

Energy efficiency played a key role in naming the 2008 Building of the Year. The seventh annual awards were conferred at a ceremony at Ivan Vazov National Theatre in Sofia on December 15 2008.Winning this years competition was the Sveti Toma holiday complex at Cape Houmata, near Arkoutino by the Black Sea. The facility also won the title of Vacation Complex of the Year, both awards coming largely due to the fact that its traditional Sozopolstyle architecture blended harmoniously with the local environment

First-line Apartments for Sale in Varna

Saturday, December 13th, 2008

We would like to proudly present our new attractive suggestion!
It is a large luxury closed-type complex with a unique beach-front location in the south part of Varna. The complex is situated right on the beach and provides fantastic sea view to its residents. The development is 20 min drive away from Varna International Airport and 5 km from the downtown.

Educating and Raising Children in Bulgaria

Friday, December 12th, 2008

The Bulgarian education system offers a reasonable education from infant school onwards, with a very high rate of entry to university. The big drawback, however, is the language. A child from Britain entering the local school system would struggle to keep up initially.

Cheap land around Trakia highway on offer

Friday, December 12th, 2008

The offers for parcels and real estate along the route of Trakiya highway have dropped by up to 90 per cent over the past six months, Monitor daily reported on December 12. The land plots along the highway are well placed for the construction of logistical centres, petrol stations, auto services, motels and roadside restaurants, with the most popular segments being located at strategic intersections with other highways or close to major urban centres, the daily said.

Sofia office vacancy rate could reach 10 by yearend report

Friday, December 12th, 2008

After a calm first half of the year, about 65 000 sq m of class A and B office space hit the market in Sofia in the third quarter of 2008, which could drive the office vacancy rate in the Bulgarian capital, financial news website investor.bg reported on December 12, quoting a survey by consultancy firm MBL.The overall figure of office space now stands at 874 100 sq m, of which 81 per cent is outside the immediate city centre.

Vineyard Investment in Bulgaria

Thursday, December 11th, 2008

The idea of owning a vineyard is a dream for many people, and one that is quite possible in Bulgaria. Small plots for home produce and commercial vineyards are both attracting investors. There are now one or two agents specialising in such properties, and many rural properties come complete with a small vineyard.

Bulgaria Air Traffic Authority Receives International Standards Certificate

Thursday, December 11th, 2008

The Bulgarian State Enterprise “Air Traffic Service Authority” received Wednesday a certificate for adherence to international standards, quality air navigation services, direction of air traffic and employee training.
The certificate is seen as evidence that the State Enterprise…

Real estate value the vicious spiral

Thursday, December 11th, 2008

There has been a significant decrease in demand for real estate in the last few months, with property prices in Bulgaria registering a slump in value throughout. The official statistic is that as late as September 2008, real estate was still registering the sporadic rise in value, but the overall trend in the country is expected to see a drop of as much as 27 per cent on average. The data from the fourth trimester will most probably show the stagnation of the market in its realistic form, as opposed to what is being received now as feed back from the third trimester, according to Industry Watch, as quoted by weekly Stroitelstvo Gradut.