Bulgarian company CBA Property Investment, the real estate division of discount retailer CBA Bulgaria, has teamed up with an unnamed Israeli investor to raise a five-star congress centre and a shopping mall in Veliko Turnovo.
The news was announced during Israeli ambassador Noah Gal…
Bulgaria has all the necessary resources to deal with the global financial crisis, according to Rumen Simeonov, a spokesman for the Bulgarian National Bank (BNB).
Simeonov said that the budget surplus must be preserved and used when there is a need for funds due to the worldwide…
Between 6% and 8% is the share of the congress tourism services in Bulgaria’s tourism sector.
The data was announced Thursday by the Deputy Director of Bulgaria’s State Tourism Agency Svetoslav Novakov, who pointed out the country was not famous around the world as a congress tourism…
Sofia”s airport is improving drastically and the completion of Terminal two early in the year has helped Sofia see its highest number of passengers through its doors this year. Plamen Stanchev, the airports director, expects the number of passengers in the Christmas weeks to increase…
Bulgaria is one of the countries benefiting from a decline in the number of investors choosing to make purchases in traditional locations, it has been claimed.
Paul Dimambro of currency provider Hargreaves Lansdown explained that the weakening of the pound against the euro and dollar has…
People”s faith is different and so are the ways they get to it. If in ancient times, pilgrimages were a dangerous enterprise, nowadays, the contemporary pilgrims can travel as much as they want in cyberspace. It is not the same thing, though! Among the numerous routes of religious tourism…
A few kilometres south of Sunny Beach, a rocky peninsula connects the small and historic town of Nessebar to the main coast. One of two medieval towns remaining along the coast, it has a fine selection of stone and wooden buildings and an aspect of urban design that is unique. However
Just north along the coast from the main southern coast city of Bourgas is located one of the best summer beach resorts in Bulgaria – Sunny Beach. The resort has probably had more development and renovation than any other sea resort on the Bulgarian black sea coast. Visitors will be struck by the amount of construction and renovation work going on – although the
Resorts await future real estate owners with lower prices and higher quality
“The holiday property market is dead. Long live the market of properties for holidays.”
Even though the quotation might not be exact, this was mostly what was said about the future of the holiday properties sector at the BalREc conference – Bulgaria, in October. For some buyers this is bad news, for others – a good one. The thousands of British, who bought up homes in the blocks in the western parts of Sunny Beach or the surrounding areas of Nesebar, Pomorie and Golden Sands just for investment, might never get their money back.
Picturesque bays and rock formations, spacious beaches with sand dunes and a warm sea provide the attraction of the Bulgarian southern Black Sea coast. Wonderful nature in combination with modern construction – this is the magic of the holiday villages and resorts of Emona, Elenite