Velingrad attracts investors interest
Land and residential space in Velingrad, in southwestern Bulgaria, almost doubled their values for a year, prompted by growing interest from developers, Stroitelstvo Gradut Construction and the City weekly reported. The turn of 2008 saw a surge of investor interest to spa tourism in Velingrad area. There was a significant interest in buying rural and forestry land with the purpose to invest in apartment complexes and hotels, the weekly said.