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Property in Bulgaria ÐедвижимоÑть в Болгарии NIERUCHOMOSCI W BULGARII

Welcome

Property in Bulgaria- Real estate investment opportunities with high return

Welcome to Bulgarian Property Advisors- your complete guide for buying property, land, off plan apartments, houses and villas in Bulgaria! If you are looking to invest in Bulgarian real estate market- look no further! - You have found a website with more than 30,000 Bulgarian properties for sale! We update our property database a few times per day making sure that all information is accurate and every new Bulgarian real estate for sale has been uploaded. Our customers benefit from completely free viewing trips, low cost commissions and personal attention, provided by highly experienced staff. In this site you will find very useful information such as how to book flight or hotel in Bulgaria, where to rent a car etc. Search in our huge database and if you need help- contact us:

+359 (62) 60 62 63 or info@bg-properties.co.uk



 
LATEST NEWS
Bulgarian property most valued by Russian investors
Bulgaria remains the most popular and sought-after destination for Russian real estate investors. As of March 2009, 18.8 per cent of all applications processed for real estate wanted, in the Russian Prian.ru website, were targeting properties and land in Bulgaria. There is, however, a marginal ... read more
Confidence high in Bulgarian real estate markets despite fall in prices
The global downturn is having an impact on the commercial sector in Bulgaria but there is confidence in the long term future of the real estate markets, it is claimed. According to statistics released by Forton International, a Bulgarian real estate agency, there has been a decline of between 20 ... read more
Brokers say Bulgaria’s property market hit rock bottom
The Bulgarian real estate market has hit rock bottom and will not recover any time soon! Brokers estimated properties in the centre of Sofia that are put up for sale at 2 000 euro a square metre at the moment, could fall to 1 600 euro. They said deals in January and February were rare, but said ... read more
The Independent Newspaper Positive About Properties in Bulgaria
House prices may be dropping across Europe, but the strength of the euro has put British buyers off destinations such as Spain and France. However, there are countries where you can still find good-value property. "You get more for your money in Turkey, when compared to Spain or popular Greek ... read more
Kavarna City Centre open for business
Kavarna's new commercial and administrative complex, the Kavarna City Centre, started operations earlier this month, Stroitelstvo Gradut weekly reported. It had taken a little over a year for Planex OOD to reconstruct and modernise the otherwise unappealing, communist-era concrete monster of a ... read more
Low-cost airline launches new Bulgarian service
People in north-west England who own property in Bulgaria are being targeted by low-cost airline easyJet.The budget carrier has confirmed that later this year, it will begin offering passage between Manchester Airport and Sofia.This will help open up the Bulgarian capital to leisure travellers in ... read more
Gary Player: I have never seen anything as good as this golf course
Golf legend Gary Player arrived to Bulgaria to inspect the Black Sea Rama golf course. The South African professional golfer, who is one of the five persons to have received the golf Grand Slam, is currently working on two projects – the Thracian Cliffs and Black Sea Rama golf courses, at the ... read more
New greenhouse in the second largest botanical garden in Europe in Balchik
A new green house will be mounted in the beginning of November in the famous botanical garden in the Black Sea town of Balchik, according to the park's manager Ina Mincheva.The greenhouse's cost is estimated at BGN 300,000 and it will be located on an area of 800 square meters. The greenhouse ... read more
Official opening of Logistics Park Varna in Bulgaria
The mayor of Varna, Kiril Yordanov, and Mario Zahariev, Chairman of the Board of Directors of FairPlay Commercial, participated in the opening of the first building of Logistics Park Varna (LPV) - Building A1. This is the first operational building in the complex, offering high-quality ... read more
Bulgarians' Financial Wealth Up by 23%
The total financial wealth of the households in Bulgaria has gone up with 23% during the last year, according to a report published by the analyst's section of the consulting company Industry Watch.Industry Watch specializes in monitoring and providing analysis on overall economic dynamics, ... read more
Apartment Prices in Bulgaria Grow 6% in April-June 2008
Bulgaria's National Statistical Institute announced Wednesday that the apartment prices in the country had grown 5,9% in the second quarter of 2008. The average price of one square meter of residential property in Bulgaria was BGN 1299,95 in January-March 2008 but in April-June 2008 it was already ... read more
Greek Company Purchases Plot for IKEA's First Store in Bulgaria
The Greek company Fourlis, who is the authorized licensee of IKEA for Greece, Bulgaria, and Cyprus, has purchased the plot for the first store of the Swedish furniture giant in Sofia. The news was reported Friday by the Bulgarian newspaper Pari Daily, which also announced that the plot for IKEA's ... read more
Bulgaria Among Top Three EU Countries by Industrial Growth
In May 2008 compared with April 2008, industrial production fell by 1.9% in the euro area and by 1.4% in the European union (EU). In April production grew by 1.0% and 0.3% respectively.In May 2008 compared with May 2007, industrial production decreased by 0.6% in the euro area and by 0.5% in the ... read more
"Pirinland" Amusement Park for EUR 100 M Might Be Built in Bulgaria's Razlog
The Bulgarian company Alpha Finance Holding intends to construct an amusement park in the mountain resort of Razlog, the newspaper Pari reported Tuesday. The holding is currently developing several different projects for the new amusement park, which is expected to cost about EUR 100 M, and will be ... read more
Expectations for Bulgaria's tourism in 2008
Foreign Tourists Expected to Increase 7-8% This Year Varna, on the Black Sea, May 22(BTA) - State Agency for Tourism (SAT) President Anelia Kroushkova said on Wednesdayshe expects the flow of foreign tourists to Bulgaria this year to increase 7-8 per cent. In the first three months of ... read more
Bulgaria among Germany's Top Ten Tourist Destination
Bulgaria has been ranked ninth among Germany's most popular tourist destinations by the GIATA-Ranking Agency, the Bulgarian Union of Tourism Investors announced. Bulgaria has improved its ranking index from 1.7 in March, 2007, to 2.2 in March, 2008. Spain ranks first as a destination for German ... read more
Bulgaria's Tsarevo Hit at Tourism Expo in Belarus
The Bulgarian Black Sea resort of Tsarevo became a hit at the international tourism exhibition in the capital of Belarus Minsk. The interest towards Bulgaria's seaside results on part of the Belarusian citizens and companies was tremendous, burgasinfo.net reported. The Bulgarian representatives had ... read more
Bulgaria Tourism Boss: We Eclipsed Greece and Turkey in Moscow Tourism Exhibit
Bulgaria's stand in the tourism exhibition in Russia's capital Moscow overshadowed the Turkish and the Greek stands, in the words of the Chair of Bulgarian State Agency for Tourism Aneliya Krushkova, quoted by the Bulgarian National Radio. Thirty Bulgarian tourist firms are represented at the ... read more
Bulgaria Named Brits Best Value Holiday Hotspot
Bulgaria has cemented its reputation as the cheapest package holiday destination on the British market, a survey shows. A pint of beer and a Big Mac costs just GBP 1.49 in Bulgaria, making it the world's best value holiday hotspot for Brits, according to the survey of Teletext Holidays, a ... read more
Bulgaria's Govt Establishes Golf Development Company
Bulgaria's cabinet decided on Thursday to set up a state-owned company to develop and operate golf courses. The aim of Golf Development Ltd. will be also to popularize the sport and turn Bulgaria into a golf destination preferred by foreign tourists, officials announced and added that golf tourism ... read more
Bulgaria Named World's Strongest House Price Riser
Yet another research has pointed Bulgaria as the country with the world's strongest house price growth last year amidst a global cooling of the property market. The study carried out by Global Property Guide (GPG) said Bulgaria saw the world's strongest house price growth at 30.6% (15.4% in real ... read more
UK Low-Fare EasyJet Flies Daily Sofia-London
Budget airline EasyJet will start daily flights from Sofia to London on January 22. The British no frills airline announced Monday that the decision for daily flights comes in response to the increased demand for the company's services. EasyJet, which is considered to be the second-biggest low ... read more
Top Skiers Open Season in Bulgaria's Bansko
Alpine ski top stars were guests to the official opening of the new season in Bulgaria's biggest winter resort Bansko on Saturday. Six-time Olympic and five-time world ski champion Janica Kostelic together with four-time Olympic champion Kjetil Andre Aamodt and 5-time world champion Mark Girardeli ... read more
Bulgaria Named Fastest Riser on World's Property Market
Property prices in Bulgaria rose faster than anywhere else in the world in 2007, according to a survey by a leading British estate agency. The European Union's newest member topped the latest Knight Frank Global Price Index with an annualised property price growth of 30.6 %. Bulgaria ranked three ... read more
Real Estate Investors Weaned off Russia, Head for Bulgaria
Tight conditions for mortgage loans and high interest rates are making Russia's property market less attractive, pushing investors to Bulgaria, Cyprus, Greece and Montenegro, Russian daily Kommersant reported. The article describes the local market as heaven for investors, who can expect high ... read more
Bulgaria, Romania, Slovenia Recommended for Ski Holidays
The eastern European destinations of Bulgaria, Slovenia and Romania have been recommended to British tourists looking for a bargain ski holiday. Bulgaria's Borovets resort is the cheapest ski holiday destination, with prices for equipment and accommodation half of what travellers would find in ... read more
No-Frills Wizz Air Flies Sofia-Varna
Wizz Air announced the launch of new flights from the capital Sofia to the coastal town of Varna, becoming the first low-cost airline to operate domestic flights in Bulgaria. The maiden flight will take off on 12 July 2008 and will be initially operated four times a week. Regular one-way fares ... read more
State-Owned Property Draws Record-High Bid in Bulgaria's Capital
21 November 2007, Wednesday, A shop on one of Sofia most expensive streets has brought a winning bid of BGN 1 660 000, the highest ever offered in a tender for state-owned property. The property on Graf Ignatiev street, covering a floorage of 75,94 m2, commanded the whopping price of EUR 11 ... read more
Real Estate Developer Plaza Centers Enters Bulgaria
20 November 2007, Tuesday, Dutch-registered Plaza Centers has made its first investment in Bulgaria, buying a retail development project in Shumen, northeastern Bulgaria, which has a development budget of EUR 38 M.The firm, listed in London and Warsaw, said it picked the project because the area ... read more
FT: Bulgaria Unexpectedly Resilient to Credit Crunch
10 November 2007, Saturday, Home owners in many parts of the world have reason to worry about the implications of the international credit crunch, but not in Bulgaria, the Financial Times wrote on Friday.According to the article Bulgaria's residential property market is showing unexpected ... read more
Bulgaria Gives Go-Ahead to 3-Tier Super Borovets Project
A mega-project, dubbed Super Borovets, in the Rila mountain, was given the final go-ahead with a ground-breaking ceremony on Monday after years of controversies and opposition from environmentalists. The enormous complex will encompass the towns of Samokov and Beli Iskar and will expand one of ... read more
Revenues from Foreign Tourists Visits to Bulgaria up by 16% in H1
The revenues in Bulgaria coming from the visits of foreign tourists in the country have increased with 16.04% in the first half of 2007 compared with the same period last year, the National Tourist Agency said Sunday. The revenues for the first six months from foreign tourists visits are EUR ... read more
No Frills Carriers Aim for the Stars in Bulgaria
Bulgaria, which attracted a number of low-cost carriers thanks to its accession to the European Union and fast economic growth, will continue to see their market share expand, experts believe.Budget air carriers are expected to account for about 20% of the aviation market in the country by the end ... read more
TOURISM BAROMETER: Bulgaria: Everything’s coming up tourists
Andrew MacDowall Oxford Business Group Bulgaria’s tourism sector continues to grow rapidly despite a fall in visitors from its non-European Union (EU) neighbours and an unusually short ski season. The authorities are continuing to develop the growing opportunities in spa, cultural, ... read more
Wizz Air with Winter Flights from Bulgaria's Burgas to London
London-registered European low-cost carrier Wizz Air confirmed it will continue to service the flight from the coastal city of Burgas to London three times a week during the winter. The passengers will fly aboard 180-seat Airbus 320 planes and will land at Luton airport. Wizz Air, the first ... read more
Bulgaria To Spend EUR 500 M on Road Repairs in 2008
Bulgaria will spend EUR 500 M on repairs to its road network in 2008, double the amount allocated for this year, Regional Development Minister Assen Gagauzov said on Sunday.The money will be used to restore between 2,500 and 3,000 kilometers of roads, Gagauzov told reporters.Gagauzov opened a ... read more
Bulgaria Still Best for Overseas Property Investment
Bulgaria has been named the best destination for overseas property investment, even though its tourist hotspots are showing signs of overheating, according to a new research.UK ranks as the best for investment returns with Bulgaria second, says the quarterly investment tracker, released by British ... read more
FLIGHT REFUND
We would like to announce our new proposition for property buyers in Bulgaria – purchase a property and you will get your flight costs refunded.Arranging a viewing trip before buying is always the better option as it gives you the chance to experience the place, compare offers and obtain as much ... read more
Bulgarian property growth "phenomenal"
The expansion that has taken place in the Bulgarian property market over past years has been described as "phenomenal" by a real estate industry expert.According to the Association of International Property Professionals (AIPP), there has been a distinct change in the nature of the overseas ... read more
Golf ''a new opportunity'' for Bulgarian property buyers
Top quality golf courses and the draw that these offer to travellers and investors could be the next big opportunity for the Bulgarian property market, it has been claimed.The country could become Europe''s next golfing hotspot with a number of signature courses already planned as Bulgarian real ... read more
Bulgaria Sets Comfort Threshold for Spa, Business Hotels
Bulgaria's government is mulling a change in the law, stating that only the hotels rated with four or five stars would be allowed to offer spa, wellness and business packages.The aim of the new change is to help the development of specialized tourism packages through setting certain requirements ... read more
Bulgaria in the "Limelight of Property Developments"
Property developments in Bulgaria are very much in the limelight now that it has joined the EU, the Times of Malta writes in its latest issue and describes the operations of leading Maltese real estate company Dhalia Group."Foreign investors look at tourist growth, gross domestic product growth, ... read more
Bulgarian Firm Set to Get 20-year Concession for Burgas Beach
Bulgarian firm Ontime said on Tuesday it is set to seal a 20-year concession deal to manage the beach in the northern part of the Black Sea port of Burgas.Although recent legislation says that companies can only win such concessions for a period of up to 10 years, but in this case, the tender ... read more
UK Tabloid Slams Bulgaria as Nightmare for Home Hunters
British tabloids are not letting up their attack on Bulgaria, claiming that the country, a top destination for UK bargain home hunters, actually leaves most of them duped. "Many Britons, seeking their dream homes in Bulgaria, end up duped because they do not own the land their homes stand on," the ... read more
30 April and 1 May Bank Holidays
Dear Customers, We would like to inform that today and tomorrow (30th of April and 1st of May) are bank holidays in Bulgaria. If you have any requests or enquiries, please send an e-mail to info@bg-properties.co.uk . We will get back to you Wednesday at the earliest. read more
BULGARIA NEIGHBOURS TO BUILD HIGHWAY AROUND BLACK SEA
The Foreign Ministers of the countries members of the Black Sea Economic Cooperation (BSEC) organization will sign a treaty for the building of a highway around the sea.The cooperation agreement allowing the highway's construction has been signed yesterday in Belgrade, ITAR-TASS has reported.Once ... read more
BULGARIA OPENS SUMMER 2007 SEASON
The summer season for tourists in Bulgaria kicks off on April 20, month and a half earlier as compared to previous years.This is the first time ever that the summer season is given the go-ahead that early. The event will be marked by a ceremony at the Golden Sands coastal resort, to be attended by ... read more
Sofia Airport Records BGN 28,7 M Profit in 2006
The international airport in Bulgarian capital Sofia reported a profit of BGN 28,7 M, data from the country's Transport Ministry showed.The total profit of Bulgaria's airports rose by nearly 29% year-on-year to BGN 46,2 M. The country's biggest three airports are in Sofia and the Black Sea ports of ... read more
Bulgarian Hotels Spared from Spending on Tourist Healthcare
Bulgaria's Healthcare Ministry dropped on Thursday its controversial plan to force Bulgarian hotel operators to open healthcare facilities to service tourists from EU member countries.Bulgaria joined the bloc in January and insured patients from other EU countries are to be treated using the price ... read more
Absolutely Free Viewing Trips from bg-properties.co.uk !!!
Dear Customers, BULGARIAN PROPERTY ADVISORS Ltd announces unmatched promotions and discounts for February and ... read more
Bulgaria Hosts International Tourist Fair
The 24th International Tourist Exhibition HOLIDAY & SPA EXPO was officially opened by the chairwoman of the State Tourism Agency in the National Palace of Culture in Sofia on Thursday.The present fair, which will be held from 22nd to 24th of February, is organized by PRIM EXPO with the ... read more
Spirit of Adventure Brings Britons to Bulgaria for Property
France and Spain, traditional favourites for British property buyers, are losing out to a handful of emerging markets such as Bulgaria, Dubai and Cape Verde, a survey shows.The annual global property hot sport report, recently released by currency specialists HiFX, puts the shift partly down to a ... read more
BULGARIA SIXTH MOST ATTRACTIVE PROPERTY INVESTMENT DESTINATION
The amount of foreign investment in Bulgaria's property sector made the country the sixth most preferred real estate purchase destination in the world. Property market in 2006 was dynamic and prices were growing gradually. A number of property owners withdrew their offers just before Bulgaria's EU ... read more
Sofia is Europe's Cheapest City for Luxury Apartment Buyers
Monaco is the most expensive location to buy a super-luxury apartment in Europe, followed by Prime Central London, Paris and Amsterdam, say the experts from Global Property Guide, who maintain the world's single biggest collection of house price indices.Sofia is at the bottom of the ranking with ... read more
Residential Prices in Bulgaria Up by Up to 15 per cent in 2007
Average price levels of residential properties on the middle market in Bulgaria will increase by 5% - 10% in 2007, the first year of the country's EU accession, experts say. Luxurious newly built apartments and properties at key locations will command a higher increase in prices - an average of ... read more
Cities Recommended for Bulgaria Property Investment
With the growing popularity of eastern Europe as a destination for foreign property investment, experts are recommending that investors look towards cities in Bulgaria for the best opportunities."I think a lot of people have already gone to Bulgaria already because of the cheap prices," Simon ... read more
Greeks Happy with Bulgaria, Romania EU Entry
The majority of Greeks support the accession of Bulgaria and Romania to the European Union, shows a survey, published days after the two countries joined the block. 54% of the respondents said they are strongly for enlarging the EU with Bulgaria and Romania, says the survey, as cited by Athens' ... read more
Sofia Web-Broadcasts Live EU Entry Festivities
The Sofia-based festive events to bring Bulgaria into the European Union on January 1, will be broadcast live on the Internet.The official web site of the Bulgarian government has been customized to video broadcast the concert, the speeches and the fireworks directly from downtown Batenberg ... read more
Happy Holidays from Bulgarian Property Advisors
Bulgarian Property Advisors wish you Merry Christmas and Happy New Year!   read more
Bulgarian Property Advisors opening hours during the holidays
We will be closed during the next bank holidays: Christmas:   23 (Saturday) – bank holiday 24 (Sunday) – bank holiday 25 (Monday) – bank holiday 26 (Tuesday) – bank holiday   New Year Eve:   30 (Saturday) – bank holiday 31 (Sunday) – bank ... read more
Bulgaria Tops Property Hotspots, Spain Falls from Grace
Bulgaria, Cyprus, Central Portugal, America and France have been named top property hotspots for British investors looking to buy abroad in 2007. Spain, however, should be avoided, a leading foreign currency exchange said. FCExchange, a company that buys currency at commercial rates, not available ... read more
Bulgaria Ups Property Tax Valuations by 20%
Property tax valuations will be increased by 20% as of the beginning of 2007, under amendments to the local taxes and fees act.Bulgaria's parliament adopted definitively the amendments on Thursday, citing an increase in market prices over the last year. The threshold for properties, which are not ... read more
Irish Low-Fare Airline Steps in Bulgaria
Irish low fares airline Ryanair is preparing to open destinations to Bulgaria's second largest city of Plovdiv.The company, headquartered in Dublin, will connect the southern Bulgarian city with airports in the UK, Spain and Germany, following the densest Bulgarian emigrant populaces in ... read more
Bulgaria's Agriculture Lands Market Marks 30 percent Rise
The market of agricultural lands in Bulgaria has scored a 30% rise in 2006, said Deputy Agriculture Minister Svetla Bachvarova at a Wednesday conference for investment in agriculture lands.A total of 66,345 deals on land for farming were concluded in 2005. The average selling price per decare was ... read more
Bulgaria, Latvia, Denmark Fastest Risers on World's Property Market
Property prices in Latvia, Bulgaria and Denmark rose faster than anywhere else in the world in the third quarter of 2006, according to a survey by British estate agency Knight Frank.The global index, compiled by the realtor, looks at property markets in 32 countries. It shows global property price ... read more
Sofia Airport's New Terminal Ready by Christmas
The new terminal of Sofia Airport will open just in time for the Christmas rush, Sofia Airport CEO Plamen Stanchev told Darik radio. The Directorate for National Construction Control allowed Wednesday the new passengers' terminal at Sofia airport to be put into exploitation. A day earlier the green ... read more
Bulgaria Favourite Location for Britain's Affluent Homebuyers - Survey
Bulgaria, Romania, Hungary and the Czech Republic are rapidly gaining favour with Britain's affluent homebuyers, the Guardian reported, citing a study of foreign home ownership.Spain and France continue to lead the list of destinations.A second home in the sun is now the boast of more than 300,000 ... read more
Bulgaria's Riviera Beach In World's Top 10 Resorts Again
Bulgaria's seaside hotel Riviera Beach in the private Riviera resort has kept its spot among the top ten tourist spots on the planet for a second year in a row. The Neckermann Primo award is often referred to as the Oscar in tourism and Riviera Beach is the only Bulgarian resort to ever land the ... read more
Tourism Revenues in Bulgaria Up by 5.45 per cent
Bulgaria has banked over EUR 1.557 B from foreign holidaymakers in the first nine months of 2006, the deputy head of the State Tourism Agency reported.Compared to the same period in 2005, the number of foreign tourists coming to Bulgaria has gone up by 5.39% and the revenues have increased by ... read more
Microsoft Vice-President Reveals New Products Realm
A Microsoft's vice-president has landed in Bulgaria to present the broad portfolio of newest products of the company.Vahe Torossian, Vice President of Microsoft Europe, Middle East and Africa, took on the floor of the South East Economic Forum running in Sofia to dwell on the modern challenges the ... read more
Tourism Fuels Buy-to-Lets Success in Bulgaria
Buy-to-lets in Bulgaria are gaining ground as tourism levels reach an all-time high, real estate experts comment. "The tourism boom is having a knock-on effect on the buy-to-let market," says Quest Bulgaria, English language monthly magazine about Bulgaria and Bulgarian property.A three bed-roomed ... read more
Varna Leapfrogs Sofia in Residential Prices
Average price levels of residential properties on the middle market in Bulgaria stood at BGN 856/m2 at the end of the third quarter of 2006, up by 4,5 % over the previous quarter, data of the National Statistical Institute shows. Price levels in the residential market of the Black Sea city of Varna ... read more
Bulgaria Signs Last SAPARD Financial Agreement
Bulgaria's Finance and Agriculture Ministers signed Monday a financial agreement for EUR 82,446 M on the SAPARD program for 2006.Financial Minister Plamen Oresharski and Agriculture Minister Nihat Kabil signed the last SAPARD agreement on behalf of the Bulgarian government.The final amount of ... read more
Bulgaria in Top Three Overseas Mortgage Distributors by 2020
Bulgaria will be one of the top three countries for overseas mortgage distribution by 2020 according to a study by Alliance & Leicester Mortgages.The other two countries are Spain and France. The three countries look like being the hotspots of the future in the European mortgage market, the ... read more
Bulgaria's Poll-Leading President: Nationalist Easiest to Beat
Nationalist Ataka (Attack) leader Volen Siderov is the candidate that will be the easiest to overcome, incumbent president Georgi Parvanov, the leader in Sunday's polls, said.Right-winger Nedelcho Beronov was the true political alternative, but his candidature wasn't defended in the right way, ... read more
Bulgaria Votes for President
Bulgarians are to cast their ballot Sunday in presidential elections, largely seen as a test for the Socialist-led coalition governing.Seven candidates run for president in the first round of the elections. These are incumbent Socialist President Georgi Parvanov, the chairman of the Constitutional ... read more
Sofia Hosts Real Estate Expo 2006
Sofia officially opened the "Real Estate Expo - Autumn 2006" on Friday.The forum will continue until 22 October. The Regional Development Deputy Minister Savin Kovachev attended the official ceremony and reminded the guests that at the spring edition of the exhibition more that 120 Bulgarian ... read more
Bulgaria Welcomes 1.5 M Tourists for Summer 2006
Bulgaria's Black Sea resorts have received nearly 1.5 million foreign tourists for the 2006 summer season, shows a survey of the Analysis of Tourism Institute.The numbers were announced at the tourism forum "Bulgaria's Mountains".Rough calculations show the income from foreign tourists' visits for ... read more
EU Entry Fuels Brits' Interest in Bulgaria's Property Market - Survey
Investments in Bulgaria and Romania rise in popularity in the United Kingdom following the European Commission's announcement that both countries will be admitted to the EU in January 2007, a survey shows. The percentage of people looking to buy in Bulgaria has increased by 40% in September, said ... read more
PROPERTY PRICES IN BULGARIA WILL RISE BY 30 PER CENT AFTER JANUARY 2007
With the incoming invitation of joining the European Union, the property prices in Bulgaria (mainly in the rural villages) will raise by 30 per cent, predict Bulgarian real estate specialists. Bulgaria remains the cheapest place in the EU, where one can buy a house with more than 1000 sq m garden ... read more
BULGARIA'S SKI RESORTS EXPAND
The construction boom that began in Bulgaria’s resort of Bansko a few years ago is rapidly being matched by that in the other two main Bulgarian ski resorts, Borovets and Pamporovo, according to an article in Bulgarian-language daily 24 Chassa. The increase in prices had attracted an increasing ... read more
LOW-COST AIRLINES PLAN FLIGHTS TO BULGARIA
A number of low-cost air companies would start operating on Bulgaria’s market in a few months, Dnevnik daily reported. Four low-cost companies had already declared their intention to start flying to Bulgaria after January 1 2007 when the country joins the EU and the aviation market will be ... read more
EP Votes Bulgaria, Romania 2007 Accession in December
The European Parliament will put to the vote the European Commission's recommendation for Bulgaria and Romania's EU-accession in 2007 in December, the state-run agency said.The regular session of the European Parliament will take place from December 11 to December 14. The vote was initially ... read more
Final Offers Opening for Bulgaria Air Sale
Early afternoon on Thursday Bulgaria's sale body is expected to open the submitted final offers for the acquisition of 99.99% stake in Bulgaria Air.Two of the prospective buyers of the national air carrier - Air One Bulgaria and Balkan Hemus Group, owner of Bulgarian private airline Hemus Air - ... read more
Sofia Gives Go-Ahead to German Adhesive Investment
German company Henkel will open 60 work places in a new adhesive factory that will be built in the village of Mirovyane close to Sofia. The symbolic first sods of the factory were made Wednesday by Sofia Mayor Boyko Borissov and Bulgarian Foreign Minister Ivaylo Kalfin . The initial investment of ... read more
Bulgaria Launches EUR 815 M Projects for Better Roads
Bulgaria will launch eight infrastructure projects next year that will cost EUR 815 M, the government decided Wednesday.The approval comes in line with the state-supported National infrastructure strategy and development plan for 2006-2015 announced a month ago.The eight projects will receive ... read more
Bulgaria Opens Doors to Hollywood
The construction of a new Bulgarian Film and Television Center will start in the town of Gorna Malina near Sofia at the beginning of 2007. A group of foreign investors represented by the Sofia risk capital company Symmetry Capital will finance the project. The film center will be situated on an ... read more
Bulgarian Villages Stitch up Association
About 5,000 villages in Bulgaria have registered a non-governmental organization to seek the promotion of rural tourism, more investments and modernized farming. Among the association's objectives are to popularize and preserve Bulgarian folklore heritage and traditions and to enhance the access to ... read more
Two Buyers of Bulgaria Air Eligible So Far
The Transport Ministry announced Tuesday that two of the offers for the privatisation of the national flag-carrier Bulgaria Air are eligible, Darik News reported. The prospective buyers of Bulgaria Air are Air One Bulgaria and Balkan Hemus Group, owner of Bulgarian private airline Hemus Air, Deputy ... read more
Vodafone Live in Hands of Bulgarian Mobile TV Fans
Bulgaria's largest mobile operator MobilTel has announced the launch of its newest multimedia service to be made available this week for its 4-million-over subscribers.By means of its newest multimedia service called "Vodafone Live!" the clients of MobilTel will roam through their mobile phone into ... read more
Austrian Airlines Lures Bulgarians with Discounts
The Austrian Airlines in Bulgaria will offer discount prices to tickets to the most frequented sites in Austria within the "Welcome Aboard" initiative. The company launched the initiative in a bid to make more accessible the destinations within the European Union and encouraging Bulgarians embark ... read more
Bulgarian Property Advisors- new web site design
Bulgarian Property Advisors- new web site design, more than 5000 Bulgarian properties added, new options and more functionality to the biggest real estate network in Bulgaria! Bulgarian Property Advisors have the pleasure to announce the company new website design- more functionality and extras ... read more
EIB Funds Bulgaria's Transport Projects
The European Investment Bank will extend between EUR 500 M and EUR 700 M per year in the time period 2007-2013 for Bulgaria's national transport and basic infrastructure investment plans.An agreement to this effect was signed in Sofia by Bulgaria's Finance Minister Plamen Oresharski and Philippe ... read more
Bulgaria's Golf Courses Get International Index Licence
Bulgaria's golf courses located in Ihtiman and Sliven received an official licence to use the handicap index system of the American Golf Association (USGA), local Trud daily reported.The licence was handed by Malcolm Good, the head of the European USGA project during his four-day visit in Bulgaria. ... read more
Mall To Open at Bulgaria's Sunny Beach Resort
After taking Sofia and other large cities by storm, US-style malls will start to appear at seaside resorts in Bulgaria as well. Royal Garden Mall will open its doors for visitors at the Sunny Beach resort in May of 2007, when the new tourist season begins, investors have announced.The huge shopping ... read more
Watchdog Oks Bulgaria's Black Sea Airports Concession
The Commission for the Protection of Competition (CPC) has given the greenlight to the consortium Fraport Twin Star Airport Management AD to be granted the concession of two Bulgarian airports at the Black Sea - Varna and Burgas.The decision of the watchdog makes it possible for the concession ... read more
Bulgaria's Business Found Biggest Employers' Organization
Bulgaria's biggest employers' organization was established on Monday after vows of cooperation between the Bulgarian Industrial Capital Association (BICA) and the Bulgarian Industrial Organization (BIA), spokespersons of the two organizations said.BICA and BIA signed a contract for cooperation in ... read more
Bulgarian Highway Reveals Longest Completed Stretch
The largest completed by far stretch of Trakiya highway, with a length of 35 km, was officially opened Sunday.The finished stretch links the town of Karnobat and the village of Vetren, in the region of Burgas.The inauguration ceremony was attended Sunday by Prime Minister Sergey Stanishev, Regional ... read more
Bulgaria Anticipates Confirmed Jan 2007 EU Entry
The European Commission is largely expected to give Tuesday the go-ahead for Bulgaria and Romania to join the EU in January.Enlargement Commissioner Olli Rehn will present to MEPs in Strasbourg the document at 3 pm local time (4 pm Bulgarian time).Half an hour later, in Sofia, EC Delegation Chief ... read more
Key International Trading Fair Opens in Bulgaria's Plovdiv
Source: Sofia News AgencyBusiness: 25 September 2006, Monday.The traditional International Fair - Plovdiv has opened its gates for a sixty-second time boasting 20% increase in participants and exhibitor space.A total of 3,548 companies from all over the world have booked all the exhibition space at ... read more
Bulgaria seen joining EU in 2007
The European Union's executive arm is likely to recommend this month letting Bulgaria and Romania join next January rather than in 2008, but propose tough conditions for their entry, an EU source said on Tuesday.The European Commission will make the recommendation on September 26 and the 25 EU ... read more
Bulgaria Finds More Cash for Roads
Source: Sofia News Agency Business: 31 August 2006, Thursday. Bulgaria will allot an extra EUR 13.2 M for road repairs, the government decided on August 31. The cash has been economized from other projects, funded by the EU. Besides roads, the bonus money will also be used to continue recovery ... read more
Bulgaria's Business Climate Rate "Record High"
Source: Sofia News Agency Business: 28 August 2006, Monday. August has seen a 12-year peak in Bulgaria's business climate, according to an official statistical report issued Monday. This month, the business climate rate has gone up 4.8 points, reaching 48.6%. According to official figures, the ... read more
Bulgaria's Sunny Beach Sees End-Of-Season Rush
Source: Sofia News Agency Business: 27 August 2006, Sunday. Bulgaria's seaside resort of Sunny Beach is so fully booked that some hotels have resorted to adding campbeds in the rooms to accommodate the tourists. There is not a single free bed in the resort, Dimitar Yankov of the Nessebar ... read more
Bulgarian Ski Resort to See Ring Road
Source: Sofia News AgencyBusiness: 26 August 2006, Saturday.Bulgaria's ski resort of Bansko will see a new ring road, which will be built over the following year. Traffic jams that are hellish at the peak of the winter season have brought forth the need for a new road, BNR reported. Bansko mayor ... read more
Bulgaria's Wine Gains Popularity in China
Source: Sofia News Agency Business: 25 August 2006, Friday. Bulgaria's wines have gained significant popularity in some Chinese provinces over the last few years. "Bulgarian wines will certainly cause a storm on the local market", Vice-Governor of Chinese Hebei province Song Enhua said during a ... read more
Sofia's Costliest Property District Sports EUR 1,700/m2
Source: Sofia News Agency Business: 24 August 2006, Thursday. The area around the Doctor's Garden in downtown Sofia retains its position as the most expensive location in the capital. The average asking prices for residential property in the region hit EUR 1,700/m2 for the first half of 2006, a ... read more
Bulgaria's Posh Albena Boasts 6 M Tourists
Source: Sofia News AgencyBusiness: 24 August 2006, Thursday.Six million tourists have already spent quality vacations at Albena, a high-class resort at Bulgaria's northern seaside.The place was celebrating its 37th birthday on August 24, Darik News reported.About 16,000 are on holiday there ... read more
Alternative Tourism Gains Ground in Bulgaria
Source: Sofia News AgencyBusiness: 24 August 2006, Thursday.Alternative tourism is among the sectors to which Bulgaria puts weight, the country's state-run tourism agency announced in Salzburg, Austria.The country has presented its tourism development strategy at the Second European Conference on ... read more
Real Estate Prices in Bulgaria Up 20%
Source: Sofia News AgencyBusiness: 24 August 2006, Thursday.Real estate prices in Bulgaria have increased by 20% over the last year, according to London-based Knight Frank Estate agents.Bulgaria ranks second in respect of property prices growth after Latvia, whose capital is enjoying a 45.3% rise ... read more
French Site: Flocks of Britons Settle in Bulgaria
Source: Sofia News AgencyBusiness: 17 August 2006, Thursday.A large number of Britons have settled in central Bulgaria, according to the French site Bati Web.Subjects of Queen Elizabeth II come to the picturesque district of Dryanovo both for a few-day visit and a lifelong investment, the real ... read more
Bulgarian Seaside Resort Rents Fourth Airport
Source: Sofia News AgencyBusiness: 16 August 2006, Wednesday.Bulgaria's northern seaside resort of Albena has rented its fourth airport, it became clear on Wednesday.Albena has already signed a five-year contract with the government, that allows it to use the former military airport near Balchik, ... read more
Newsweek: Bulgaria Welcomes Foreign Bargain Hunters
Source: Sofia News AgencyBusiness: 15 August 2006, Tuesday.Anybody who's anyone in Europe these days is buying a vacation retreat. And they're not doing it close to home, but in Bulgaria, Croatia and Morocco, the Newsweek writes in an article, entitled "Room with a View".The trend is particularly ... read more
Property Prices Leap in Eastern Europe, Bulgaria's Growth Buoyant
Source: Sofia News AgencyBusiness: 14 August 2006, Monday.Eastern European property prices are rising faster than anywhere else in the world, according to a survey by British estate agency Knight Frank, cited by the Financial Times.The global index, compiled by the realtor, shows global property ... read more
Flights Sofia-London Back to Normal
Business: 12 August 2006, Saturday.The schedule of Sofia flights to and from London has returned back to normal after two days of disruption and cancellations.Sofia Airport authorities announced all Saturday's flights with London destination have been operative as usual, including the flights of ... read more
Bulgaria Inks Highway Construction Contract
Source: Sofia News AgencyBusiness: 8 August 2006, Tuesday.The contract on the construction of Lyulin motorway will be signed Tuesday.According to press reports, the constructor will be Turkish consortium Mapa-Cengiz.The project is worth a total of EUR 148 M. The European Commission will provide 75% ... read more
EBRD to Direct Significant Capitals to Bulgaria, Romania
Source: Sofia News AgencyBusiness: 7 August 2006, Monday.The European Bank for Reconstruction and Development (EBRD) plans to direct significant capitals to Bulgaria, Romania, Croatia and Ukraine. The investments will be destined to the small and medium-size private enterprise in central and ... read more
Britons Note Bulgaria's Golf Potential
Source: Sofia News AgencyBusiness: 5 August 2006, Saturday.Bulgaria is predicted to have 40 golf courses in a dozen years, according to the UK website Easier.com.They wrote that particularly at the Black Sea side the potential for development of that industry was impressive.Thanks to the mild ... read more
Bulgaria Top Destination for 2007 - Survey
Source: Sofia News AgencyBusiness: 4 August 2006, Friday.Bulgaria has topped as number one up-and-coming destination for travellers, according to a freshly released survey.The forecasts published by online travel company, Opodo, suggest that Bulgaria will be the top emerging destination for 2007. ... read more
Bulgaria's Burgas Next with Own Mall
Source: Sofia News AgencyBusiness: 27 July 2006, Thursday.After Bulgaria's first shoppig malls opened this year in Sofia, seaside Burgas is about to enjoy a large complex of its own, too.The shopping, leisure and business spot is expected to absorb at least EUR 30 M, and should open doors in 2008, ... read more
British Airways Cuts Prices Varna-London
Source: Sofia News AgencyBusiness: 27 July 2006, Thursday.British Airways is slashing prices of tickets from Varna to London, the company announced two weeks after launching year-round flights to the Bulgarian Black Sea city. The fare for a one-way ticket from Varna to London has been cut to EUR ... read more
3 Bulgarian Investment Areas "Heavily Marketed" to Brits
Source: Sofia News AgencyBusiness: 26 July 2006, Wednesday.As emerging property markets go, few can rival the hype or promise of Bulgaria, three areas of which are now being heavily marketed to British buyers, the Independent wrote Wednesday. According to the article the three major investment ... read more
Bulgaria's Tourist Trade Set for "Bumper Year in 2006"
Source: Sofia News AgencyBusiness: 25 July 2006, Tuesday.Bulgaria has seen its popularity among tourists rocket in recent years and the country's tourist trade looks set to see another bumper year in 2006, forecast property investment experts from leading UK company Assetz."With the growth of ... read more
Packed Planes Head from London to Bulgaria's Varna Airport
Source: Sofia News AgencyBusiness: 23 July 2006, Sunday.If cheap fares are the key to filling domestic flights, the scorching heat wave in Great Britain seems enough to ensure full planes on the routes to Bulgaria's Black sea.A group of 130 Irishmen has landed at the Southern Black Sea coast aboard ... read more
Brits Seek Break from the Heat in Bulgaria's Resorts
Source: Sofia News AgencyBusiness: 23 July 2006, Sunday.More than two million Brits are heading off for holiday favourites this weekend to escape the sizzling heat that swept the country, show estimates of the Association of British Travel Agents. Bulgaria is one of the most popular destinations, ... read more
No-Frills Wizz Air Expands Airbus Fleet
Source: Sofia News AgencyBusiness: 22 July 2006, Saturday.London-registered low cost carrier Wizz Air, the first no-frills carrier to enter the Bulgarian market, will increase its all-Airbus fleet with 20 new A320s.The order was signed at Farnborough Airshow, England, the company announced. A year ... read more
Bulgaria's Capital, Seaside Top Property Prices
Source: Sofia News AgencyBusiness: 21 July 2006, Friday.Bulgaria's real estate prices are highest in capital Sofia and in the main coastal cities, Varna and Bourgas.Data by the National Statistical Instituite has shown that the average property prices in the country have increased in the second ... read more
Rock Hearth of Bulgaria to Meet Golfers
Source: Sofia News AgencyBusiness: 15 July 2006, Saturday.The small Black Sea coast of Kavarna, which has earned the glory of "rock capital", is on the way now to have its own golf field. The town's mayor Tsonko Tsonev, awarded Man of 2006, turned Saturday the first sod of a major investment ... read more
FT: Bulgarian Resorts Competitive for All Seasons
Source: Sofia News AgencyBusiness: 12 July 2006, Wednesday.Foreign holidaymakers have been rediscovering Bulgaria as a tourism destination, making the tourism industry the country's biggest foreign exchange earner.It has grown also to one of economy's largest - albeit seasonal - employers, the ... read more
Bulgarian Business Keen on Infrastructure Projects
Source: Sofia News AgencyBusiness: 12 July 2006, Wednesday.Transport, environment and energy are the primary sectors to make use of EUR 5 B under various projects. They will be invested until 2009, during the first period of implementation of the National Strategy for Integrated Development of ... read more
Sofia Signs Pact to Pave Economic, Social Welfare
Salaries in the real economy of Bulgaria will creep up in a pace agreed between employers and trade unions in the various sectors.The agreeable percentage increase is set to outreach the inflation, according to the Pact for Economic and Social Development until 2009 to be signed Tuesday in ... read more
BA Makes Varna-London Flights Year-Round
Source: Sofia News AgencyBusiness: 10 July 2006, Monday.British Airways announced Monday that its flights from Varna to London's Gatwick will continue to fly throughout the whole year.The British company opened, the Varna destination in March with two evening flights weekly, on Wednesdays and ... read more
No buyers commission until 31 July!
Bulgarian Property Advisors Ltd will not charge buyers commission for any property, bought or reserved trough our company until 31 July 2006. The offer is valid from 1st July 2006.   We will charge only the sellers (vendors) of the properties we offer. Our customers will benefit from ... read more
Bulgaria's Bansko Puts Brake on Booming Construction
Source: Sofia News AgencyBusiness: 8 July 2006, Saturday.Bulgaria's famous Bansko mountain resort, once a haven for winter sports but now seeking a year-round appeal, announced plans to restrict construction activities. The resort town that sits 150km south of Bulgaria's capital, Sofia, has seen ... read more
Bulgaria's Hemus Air with Cheap Fall Tickets
Source: Sofia News AgencyBusiness: 5 July 2006, Wednesday.Hemus Air has launched promotional tickets to top destinations in Europe, prices starting at EUR 19.99, the Bulgarian flight carrier has said as cited by media on Wednesday.The campaign refers to flights from October 1 to December 15.On July ... read more
Vineyards for sale in Bulgaria
Due to the great interest of vineyards for sale in Bulgaria, Bulgarian Property Advisors Ltd would like to make some announcements:   Bulgarian Property Advisors is probably the first real estate agent in Bulgaria, who offers similar properties on the market. It is extremely difficult to ... read more
Bulgaria Air on Maiden Burgas-Dublin Flight
Source: Sofia News AgencyBusiness: 29 June 2006, Thursday.Bulgaria's flag carrier announced the launch of summertime flights from the Black Sea city of Burgas to Dublin in a bid to meet the growing interest of Irish tourists and businessmen. Prices for two-way tickets start from EUR 139. The ... read more
Europe Discovers Attractive Properties in Bulgaria
Source: Sofia News AgencyBusiness: 25 June 2006, Sunday.Bulgaria and Romania that are about to join the European Union (EU) over the next year are promising real estates hotspots, an international report claims.The report of the international consultancy company for real estates DTZ, as cited by ... read more
Ice Rink May Rise on Bulgaria's Black Sea
Source: Sofia News AgencyBusiness: 11 June 2006, Sunday.An ice rink may add to the rest of entertainment facilities to meet the guests of Albena resort, on the Black Sea coast. The idea was put forward by the managers of the glitzy resort, who have already approached World Ice Skating Champions ... read more
Record EUR 7,608 m2 Pay for Sofia Office Space
Source: Sofia News AgencyBusiness: 10 June 2006, Saturday.A shop space in centre Sofia owned by the municipality was sold for a record price of EUR 7,608 per square meter. The tiny shop of 17 square meters is located meters away from the glitzy Vitosha avenue, the boutique Mecca of the capital ... read more
Bulgaria Offers "Excellent" Investment Opportunities
Source: Sofia News AgencyBusiness: 7 June 2006, Wednesday.The world is getting smaller, or so it seems, as developers, investors and other real estate professionals go to great lengths to find opportunities these days, California Real Estate Journal wrote in one of its articles.In the article ... read more
Bulgarian Tourism Industry Union Formed in Sofia
Source: Sofia News AgencyBusiness: 6 June 2006, Tuesday.A Bulgarian Tourism Industry Union was formed in Sofia on Tuesday in the National Palace of Culture. Owners of various hotels in Bulgaria, and CEO's of companies from the tourist industry elected a 17-member management board and a control ... read more
IBAN Becomes Effective in Bulgaria
Source: Sofia News AgencyBusiness: 5 June 2006, Monday.The new International Bank Account Number (IBAN) becomes effective in Bulgaria as of Monday, June 5. The banking system has taken all necessary measures to ensure non-problematic switch to the new code. As of June 5 only the new IBAN will be ... read more
IHT: You Can't Lose from Bulgaria Property Investments
Source: Sofia News AgencyBusiness: 1 June 2006, Thursday.Anyone who has bought property in Bulgaria will tell you that the prices are so low, it is impossible to lose, Matthew Brunwasser wrote in an article for International Herald Tribune.Prices will continue to rise. The only uncertainty is by ... read more
Bulgarian Companies Enter New Trade Register
Source: Sofia News AgencyBusiness: 31 May 2006, Wednesday.A new trade register has begun operating in Bulgaria providing unified online access to all kinds of services and business contacts in the country. The informational portal was officially presented Wednesday by the Bulgarian Industry and ... read more
Berlin Billboard Promotes Bulgaria
Source: Sofia News AgencyBusiness: 29 May 2006, Monday.Bulgaria's diplomatic mission in Berlin now boasts a large billboard promoting the Black Sea country's tourism, reports said Monday."Closer that you think" is the motto of the poster, which overlooks one of the busiest thoroughfares in Berlin - ... read more
Bulgaria Air on Maiden Flight Burgas-London
Source: Sofia News AgencyBusiness: 30 May 2006, Tuesday.Bulgaria's flag carrier announced the launch of summertime flights from the Black Sea city of Burgas to London in a bid to meet Britons' growing demand.Prices for two-way tickets start from EUR 199. The flights will be serviced twice a week - ... read more
Bulgaria - Europe's "Cheapest" Tourism Destination
Source: Sofia News AgencyBusiness: 28 May 2006, Sunday.Bulgaria is Europe's cheapest tourism destination, according to a Thomas Cook Cost of Holiday Living Index (TCCHLI), a survey into the cost of living in the world's leading holiday resorts.Europe's cheapest destinations according to the TCCHLI ... read more
Bulgaria Introduces 1st Tourism Reservations Portal
Source: Sofia News AgencyBusiness: 28 May 2006, Sunday.The first Bulgarian Internet portal for real time tourism reservations for different world destinations (hotelbg.com) was presented on Sunday in Sofia.It provides the user with information in different language about the picked resort or ... read more
Bulgaria to Take Pride in Nearly 720km New Highways by 2015
Source: Sofia News AgencyBusiness: 27 May 2006, Saturday.A total of 717,14 km of highways will be constructed by 2015, according to the draft National Strategy for Integrated Infrastructure Development for 2006-2015. The document was discussed at the Council of Coordination, Control and ... read more
BA Extends London Flights to Sofia, Varna
Source: Sofia News AgencyBusiness: 22 May 2006, Monday.British Airways announced five more early-hours flights from Varna and Sofia to London's Gatwick to manage the traditionally heavy summer schedule. The British company has opened just recently, in March, the Varna destination performing two ... read more
Important! Problems with AOL e-mail accounts!
Bulgarian Property Advisors Ltd would like to announce that we experience problems with AOL e-mail accounts. When we try to send e-mail to customer, who has AOL e-mail account, the mail client returns the message as it can not be delivered. This technical problem is related only to AOL accounts and ... read more
EBRD to Invest EUR 300 M a Year in Bulgaria
Source: Sofia News AgencyBusiness: 21 May 2006, Sunday.The European Bank of Restoration and Development (EBRD) is planning to invest close to EUR 300 M in Bulgaria each year for the following five years.According to the bank's new 5-year strategy, EUR 550 M per year will go to Bulgaria and Romania. ... read more
New Winter Resort to Rise in Bulgaria
Source: Sofia News AgencyBusiness: 20 May 2006, Saturday.Bulgaria will see the building of a new winter resort near Smolyan in the Rhodope Mountains. "Sports and Tourism Centre Perelik" plan to invest over EUR 255 M - an amount that won them a first class investment certificate by the State ... read more
Tourism Center to Rise among Ancient Perperikon Remains
Source: Sofia News AgencyBusiness: 19 May 2006, Friday.A tourism center will be constructed among the remains of the ancient Perperikon, a Thracian complex uncovered in Bulgaria. The project is in its final stage and within 20 to 25 days it will be approved by the European Commission, architect ... read more
Bulgaria Tightens Coastal Construction Regime
Source: Sofia News AgencyBusiness: 19 May 2006, Friday.Bulgarian lawmakers have made a step closer to almost completely banning the ravaging construction along the Black Sea coast. With a law on the Black Sea coast passed at first reading this week, the Parliament envisions to ban completely any ... read more
USA Today: Go to Bulgaria, It is Cheap
Source: Sofia News AgencyBusiness: 13 May 2006, Saturday."If you're committed to a trip to the Continent, consider countries that are still emerging as tourist destinations such as Romania and Bulgaria instead of heavily in-demand France and Italy," USA Today advised American travellers. As the ... read more
Survey: Bulgaria Active Real Estate Market
Source: Sofia News AgencyBusiness: 11 May 2006, Thursday.Bulgaria is a priority and active real estate market, a survey carried out among the participants in the major Imoti real estate expo shows.The 4th edition of the international expo that took place in Sofia April 27 to 29 attracted the ... read more
IMF Very Pleased with Bulgarian Fiscal Policy
Source: Sofia News AgencyBusiness: 11 May 2006, Thursday.The International Monetary Fund (IMF) has highly assessed the fiscal policy of Bulgaria's government and the implementation of the agreement between Bulgaria and the Fund.IMF has also urged Sofia to keep up the good work, it emerged after a ... read more
Bulgaria to Spend EUR 35 M on Buildings Renovation
Source: Sofia News AgencyBusiness: 11 May 2006, Thursday.Bulgaria has planned to dedicate about EUR 35 M to renovating housing blocks between 2006 and 2009.Apartment owners would be reimbursed for up to 20% of their energy efficiency expenditures, Stefan Hubenov from the Regional Development ... read more
Nearly 2000 Projects Funded under SAPARD in Bulgaria
Source: Sofia News AgencyBusiness: 9 May 2006, Tuesday.A total of 1928 projects, worth BGN 1.16 M, has been approved and financed under SAPARD since its creation, it was announced at a pioneer forum about the future of Bulgaria's agriculture in the European Union. After weeks of allegations of ... read more
Eco Skyscrapers to Rise in Bulgaria
Source: Sofia News AgencyBusiness: 8 May 2006, Monday.Eco skyscrapers from a last generation might rise in Bulgaria's capital Sofia, Black Sea cities Burgas and Varna and the country's second city Plovdiv over the next few years.Georgi Stoilov, President of "Interarch" 2006 seminar that is to kick ... read more
34 Countries Join Bulgarian Technologies Fair
Source: Sofia News AgencyBusiness: 8 May 2006, Monday.Bulgaria's Prime Minister Sergey Stanishev inaugurated in Plovdiv the 26th International Fair of Consumer Goods and Technologies, which drew significant world interest this year. More than 1,200 firms from 34 countries are taking part in the ... read more
Record Ski Season Fuels Sofia 2014 Hopes
Source: Sofia News AgencyBusiness: 6 May 2006, Saturday.The outgoing ski season has attracted a record number of visitors to Bulgaria, which could be of great benefit for Sofia's bid for the 2014 Winter Games.According to the Bulgarian Ski Federation and the Sofia 2014 Bid Committee, the country ... read more
UK: One in 10 Holiday Home Inquiries about Bulgaria
Source: Sofia News AgencyBusiness: 4 May 2006, Thursday.One in 10 inquiries about foreign property purchases from people in the UK is about Bulgaria, which make it the latest property hot spot for Britons, show official figures."The number of properties bought by Britons in the former Eastern bloc ... read more
Bulgaria Creates National Tourism Board
Source: Sofia News AgencyBusiness: 3 May 2006, Wednesday.Bulgaria saw on Wednesday the creation of a National Tourism Board, which gathered businesses from the sector in a bid to sort out its issues. Infrastructure, regional development, and beach and airport concessions will be some of the areas ... read more
Summer Travel Boosts Flights from Varna
Source: Sofia News AgencyBusiness: 2 May 2006, Tuesday.Bulgaria's flag carrier has added to its summer schedule regular flights from Black Sea's Varna to a number of European capitals, including Vienna, London, Amsterdam.Bulgaria Air and Austrian Airlines will jointly service daily flights from ... read more
Bulgaria Advertised at Arabian Tourism Expo
Source: Sofia News AgencyBusiness: 2 May 2006, Tuesday.Bulgaria's State Tourism Agency has its own stand at the Arabian Travel Market tourism exhibition that opens Tuesday in Dubai's World Trade Center.During the following four days the Arabian Travel Market will gather exhibitors of over 90 ... read more
35 Countries Eye Bulgarian Trade Fair
Source: Sofia News AgencyBusiness: 22 April 2006, Saturday.The traditional Spring Fair in Plovdiv, Bulgaria, seems to have drawn significant world interest.On Saturday it was reported that more than 1 100 firms from 35 countries have applied to take part.But the most interest this year came from ... read more
BA Cuts Prices, Challenges Low Cost Airlines
Source: Sofia News AgencyBusiness: 20 April 2006, Thursday.British Airways announced it is slashing prices to almost all short-haul European destinations. The fare for a one-way ticket from Sofia to London is cut down to EUR 80, airport taxes excluded. British Airways announced low fares for the ... read more
The Independent: 4 Types of Property Opportunities in Bulgaria
Source: Sofia News AgencyBusiness: 19 April 2006, Wednesday.The property investment opportunities in Bulgaria fall into four main categories, wrote the Independent on Wednesday in an article that praises the property market potential of the country on the threshold of the European Union. "The first ... read more
Bulgaria with National Tourism Board in May
Source: Sofia News AgencyBusiness: 19 April 2006, Wednesday.A National Tourism Board will be established in Bulgaria on May 3, it emerged during a conference, organized by the Bulgarian Convention and Visitors Bureau (BCVB).Bulgaria's State Tourism Agency head Mario Al-Jebouri pointed out that ... read more
Chinese Investors Eye Bulgaria's Real Estate Market
Source: Sofia News AgencyBusiness: 17 April 2006, Monday.Nineteen Chinese companies, with diverse portfolios ranging from production of pharmaceuticals, porcelain, leisurewear and sportswear to high technologies, will study opportunities for cooperation and business partners in Bulgaria.They will ... read more
Bulgarian Property Market "Steals Spain's Limelight"
Source: Sofia News AgencyBusiness: 13 April 2006, Thursday.While property investment in Spain has rarely been off the radar for years now, emerging property markets including Bulgaria and Cyprus have inevitably stolen some of the limelight, UK experts believe. House price growth has remained strong ... read more
Bulgarian Tourism Organizations Pool Efforts
Source: Sofia News AgencyBusiness: 11 April 2006, Tuesday.The national union of the Bulgarian tourism industry will be established on April 25. The new organization will unite the Bulgarian hoteliers and restauranteurs association (BHRA), the Bulgarian association of tourism agencies (BATA) and the ... read more
Potocnik: Bulgarian Business Should be Involved into Science
Source: Sofia News AgencyBusiness: 11 April 2006, Tuesday.Considering the level of science, Bulgaria is already a member of the EU, the commissioner for science Janez Potocnik said in Sofia.He has opened a two-day visit in the country, on the sleeve of a busy agenda including meetings with Prime ... read more
Bulgaria's Property Market to "Bloom"
Source: Sofia News AgencyBusiness: 10 April 2006, Monday.Bulgaria's property market will bloom, Orchid Developments, a property and hotel operator specializing in Bulgaria predicts.Orchid operates in commercial, residential and retail markets, and since the float has paid EUR 21 M for three new ... read more
International Building Fair Opens in Bulgaria
Source: Sofia News AgencyBusiness: 8 April 2006, Saturday.Over the next weeks Bulgarians can visit the "Architecture, Building, and Decoration" international fair and load up with some fresh ideas for spring renovations.Held for the 26th time the exhibition gathers over 500 local and foreign ... read more
One Third of Brits Eye Property Abroad, Spain Loses out to Bulgaria
Source: Sofia News AgencyBusiness: 7 April 2006, Friday.A third of Britons say they are interested in buying property abroad or indeed moving abroad, shows a survey of the Banco Halifax Hispania, the Spanish arm of Halifax.Spain leads the ranking of top destinations for Brits who want to buy ... read more
President Parvanov Invites UK's Business to Bulgaria
Source: Sofia News AgencyBusiness: 6 April 2006, Thursday.After the political support voiced by British Prime Minister Tony Blair on Bulgaria's route to the EU, we are now looking for the business' support, President Georgi Parvanov told the Lord Mayor of the City of London David Brewer and ... read more
Bulgaria to Export More Wine for Europe
Source: Sofia News AgencyBusiness: 5 April 2006, Wednesday.Bulgaria will export more wine to the European Union after the bloc increased the quotas of off-duty import of Bulgaria-made wine.The change is part of the agreement signed by Bulgaria and the EU in Brussels concerning mutual preferential ... read more
Bulgaria's Tourism Opportunities Presented in China
Source: Sofia News AgencyBusiness: 4 April 2006, Tuesday.Bulgaria is advertised as a hot tourism destination at the Beijing International Travel and Tourism Market that kicked off on Monday to continue to April 5.Bulgaria is participating in the event for the second time, the State Tourism Agency ... read more
Romania Says It Lost Tourism War to Bulgaria
Source: Sofia News AgencyBusiness: 2 April 2006, Sunday.Bulgaria's higher quality of services and lower prices are beyond Romanians' comprehension, Romania's newspaper Cotidianul wrote in an article entitled "Romania Lost Tourism War to Bulgaria".The article attributes the successful development of ... read more
Bulgaria Trails France, Spain as Top Property Buyers Destination
Source: Sofia News AgencyBusiness: 1 April 2006, Saturday.Bulgaria ended up at No 4 spot among the most popular destinations to British overseas property buyers in a ranking, topped by France and Spain.Foreign currency specialist HIFX reported that France and Spain accounted for almost half (43 per ... read more
103 Foreign Millionaires Swoosh Down Bansko's Ski Tracks
Source: Sofia News AgencyBusiness: 31 March 2006, Friday.103 millionaires from Austria, Germany, and Italy gathered to try out the slopes of Bulgaria's skiing resort of Bansko for a couple of days. The business moguls were invited by the resort's concessionary Yulem Stockholding Company. ... read more
135 Passengers Enjoy 1st BA London-Varna Flight
Source: Sofia News AgencyBusiness: 30 March 2006, Thursday.A total of 135 passengers, including UK Ambassador to Bulgaria Jeremy Hill, arrived in Varna on Wednesday evening with the first British Airways flight London-Varna-London.By the end of May the company will perform two flights each week, on ... read more
Hunting Tourism Revenues Up in Bulgaria
Source: Sofia News AgencyBusiness: 29 March 2006, Wednesday.Revenues from Bulgarian hunting tourism have increased by half a million levs on a year-on-year basis. In 2005 Bulgaria cashed in BGN 4.2 M (about EUR 2.1 M) from this type of tourism, Deputy Agriculture Minister Stefan Yurukov announced ... read more
Bulgaria Leader in Real Estate Yields
Source: Sofia News AgencyBulgaria was declared top overseas property hotspot in a London consultancy ranking that compared the total return on cash in real estate markets.With yields rising to 12% and capital gains remaining impressive at 36%, Assetz assessed the total return on cash invested in ... read more
Spain's Construction Leader Enters Bulgaria
Source: Sofia News AgencyBusiness: 23 March 2006, Thursday.Spain's Dico Empresarial, which specializes in the construction and promotion of real estate property, plans to step on the Bulgarian market, the company announced. The company is exploring prospects for entering Eastern European markets ... read more
Construction Novelties on Display in Sofia
Source: Sofia News AgencyBusiness: 22 March 2006, Wednesday.This year's edition of the most visited exhibition Stroiko-2000 has opened doors in Sofia offering space for display by 700 Bulgarian and foreign companies. Construction will remain the fastest developing sector in the country for the next ... read more
Bulgaria Air Discounts 16 Flights
Source: Sofia News AgencyBusiness: 19 March 2006, Sunday.Bulgaria Air announced a spring discount of two-way tickets to 16 European destinations.A decrease from EUR 209 to EUR 169 will please travelers to Amsterdam, Berlin, Brussels, Paris, Madrid, Barcelona, Lisbon, Rome, Milan, Copenhagen, ... read more
Sofia, Seaside Presented at Moscow Top Forum
Source: Sofia News AgencyBusiness: 19 March 2006, Sunday.Bulgaria's capital Sofia and the seaside resorts of Nessebar and Tsarevo will be introduced to international tourism professionals, starting Sunday.Ten Bulgarian firms are taking part in Moscow's ITM 2006. The expo is universally recognised ... read more
Hemus Air Takes Off To London's Heathrow
Source: Sofia News AgencyBusiness: 16 March 2006, Thursday.Private carrier Hemus Air announced the launch of regular flights from Sofia to London and Berlin. Flights to London's Heathrow airport will be renewed for the first time since 2002 on April 14, to be operated five times a week - on ... read more
Independent: Bulgaria Enchants Britons
Source: Sofia News AgencyBusiness: 15 March 2006, Wednesday."Investment has been the incentive for most buyers in Bulgaria, with off-plan apartments forming the bulk of sales. But a new trend is emerging as a growing number of Brits encounter the charms of this diverse country and opt to move there ... read more
Bulgaria in TUI Top 10 Summer Hotspots
Source: Sofia News AgencyBusiness: 12 March 2006, Sunday.German concern TUI, Europe's largest travel company, has placed Bulgaria in its Top 10 of summer holiday hotspots.Bulgaria is placed on the tenth position in the prestigious TUI ranking for top priority summer 2006 destinations, Romanian ... read more
Spaniards, Danes Buy off Property at Bulgaria's Seaside
Source: Sofia News AgencyBusiness: 9 March 2006, Thursday.Despite the fact that Spain is blessed with more than a generous amount of beaches, Bulgaria's seaside has obviously impressed the Spaniards and they are rushing for apartments in the north near Kavarna, media reported.Kavarna and the nearby ... read more
Sofia, Rome, Tirana, Skopje Speed Up Corridor 8
Source: Sofia News AgencyBusiness: 8 March 2006, Wednesday.Bulgaria, Italy, Albania and Macedonia agreed to speed up the construction of Pan-European Transport Corridor 8.Bulgaria's Prime Minister Sergey Stanishev welcomed Albanian Minister of Public Works, Transport and Telecommunications Lulzim ... read more
Italians to Invest EUR 1 M in Bulgarian Culture
Source: Sofia News AgencyBusiness: 5 March 2006, Sunday.Italians are planning to invest EUR 1 M in cultural-historical sites in Bulgaria, reports state.The investors are willing to launch projects connected to the preservation and restoration of well-known monuments, Culture Minister Stefan ... read more
Seaside Town in Bulgaria Becomes Property Hotspot for Brits
Source: Sofia News AgencyBusiness: 5 March 2006, Sunday.The town of Avren at Bulgaria's seaside has seen an incredible rush of foreign property buyers, mayor Krasimir Todorov said Sunday.Over 400 foreigners have already purchased properties in the municipality that is located near Varna. In the ... read more
Tourism Authority Lands Hand to Sofia 2014
Source: Sofia News AgencyBusiness: 3 March 2006, Friday.Bulgaria's Tourism Authority has declared its full support and cooperation to Sofia 2014 bid.The recently appointed tourism chief Mario Al-Jebouri and Sofia Mayor Boyko Borissov signed an agreement for strengthening the administrative and ... read more
Bulgarian Spirit on Board of Flag Carrier
Source: Sofia News AgencyBusiness: 28 February 2006, Tuesday.Bulgaria Air, the country's flag carrier will now fly with an added touch of national spirit on board, the company announced.A series of initiatives, aiming to present the country's identity to the world will be launched Wednesday under ... read more
New Low-Cost Airline To Land in Sofia
Source: Sofia News AgencyBusiness: 25 February 2006, Saturday.Italian no-frills airline Myair has announced a new destination - Sofia.Flights outgoing from Bologna and Milan's Orio al Serio airport to Bulgaria's capital will start April 13, the company's web site announces. A round-trip ticket from ... read more
Sofia Hosts Intl Tourism Holiday&Spa Expo
Source: Sofia News AgencyBusiness: 22 February 2006, Wednesday.The 23rd edition of the International Tourism Fair Holiday & Spa Expo kicked off in Bulgaria's capital Sofia.It will be held under the patronage of Mayor Boyko Borissov. The exhibition will be open until February 24.This year ... read more
Bulgaria to Impose New Bank Account Numbers by March 1
Source: Sofia News AgencyBusiness: 20 February 2006, Monday.Bulgaria will have to impose new bank accounts numbers by March 1. The new numbers that come under the international IBAN standard will include 22 symbols instead of ten and will include letters along with the figures.Bulgaria's banks will ... read more
Sisecam Opens Second Plant in Bulgaria
Source: Sofia News AgencyBusiness: 20 February 2006, Monday.The second one of the three Bulgaria-based plants of Turkey's giant glass producer Sisecam was officially put into operations on Monday. The sheet glass manufacturing plant is part of a major complex in the northern town of Targovishte, ... read more
Bulgaria Limits Coastal Constructions
Source: Sofia News AgencyBusiness: 17 February 2006, Friday.The permits for constructions on Bulgaria's Black Sea coastal areas will be issued only if the needed infrastructure has been built.The new regulations are stated in the draft bill for the Black Sea coastline, approved by the Cabinet.The ... read more
New EU Members Pump Bulgarian Wine Export
Source: Sofia News AgencyBusiness: 14 February 2006, Tuesday.The increased export of Bulgarian wine to new EU Member states has contributed for the improved results for the overall sector in 2005. According to data by the national chamber of vine growing and wine making, the export of wine has ... read more
UK Investors Snap up Properties in Bulgarian Resorts
Source: Sofia News AgencyBusiness: 3 February 2006, Friday.Low property prices and inexpensive ski passes make Bulgaria one of the top destinations for flourishing ski properties, writes The Times in its latest edition. Described as "ideal for a budget ski property", Bulgaria is recommended for its ... read more
Sofia Ranks 110th among World's Costliest Cities
Source: Sofia News AgencyBusiness: 1 February 2006, Wednesday.The moderate price of living in Sofia has been confirmed by the latest survey of the world's costliest cities, which ranked the Bulgarian capital 110th among 130 cities worldwide. Sofia has climbed six places in comparison with last ... read more
Low-Cost Wizz Air Launches New Routes from Sofia, Burgas
Source: Sofia News AgencyLondon-registered European low cost carrier Wizz Air will launch flights from Sofia and the coastal city of Burgas to London and from Burgas to Budapest. The flights to London will get underway on May 1 2006. The route between Burgas and Budapest will start to be serviced ... read more
Important announcement from Bulgarian Property Advisors
  We would like to confirm that we are an UK based real estate company providing property services to people intending to buy, sell, rent or let property in Bulgaria. Our full legal name is Bulgarian Property Advisors Ltd, registered in England and ... read more
Bulgaria "Pleasant Surprise for Skiers"
Source: Sofia News AgencyBusiness: 28 January 2006, Saturday.Bulgaria is a pleasant surprise for skiers, the Romanian Cotidianul newspaper says in an article published Saturday. According to Mircea Draghici, Secretary General of the Romanian National Tourist Agencies Association, Bulgaria is a ... read more
VAT in Bulgaria May Drop To 18%
Source: Sofia News AgencyBusiness: 27 January 2006, Friday.Bulgaria's government is thinking of dwindling the VAT to 18% in 2008, Finance Minister Plamen Oresharski, has said in an interview.Bringing down the tax, depended on the condition of the tax system, Oresharski told local Darik radio. He ... read more
BA Flies from Bulgaria's Black Sea to London for EUR 150
Source: Sofia News AgencyBusiness: 26 January 2006, Thursday.British Airways will launch regular flights from Bulgaria's Black Sea center of Varna to London March 29. The pre-launch price of the return ticket is set at EUR 150. After the company starts to service the flights, the price will ... read more
UN: Bulgaria's Economy in Transition
Source: Sofia News AgencyBusiness: 25 January 2006, Wednesday.Bulgaria's economic indexes are getting closer to those of the new members of the European Union (EU), according to the UN annual economic report. Despite that statement, however, Bulgaria's economy has been defined as "economy in ... read more
Bulgarian Tourism Promoted in Lisbon, Madrid
Source: Sofia News AgencyBusiness: 17 January 2006, Tuesday.Bulgarian vacations will be presented this month during two major forums in Lisbon and Madrid, it emerged Tuesday.Two Bulgarian tour operators and the national flag carrier Bulgaria Air will partake the BTL expo in Lisbon, Portugal, that ... read more
Bulgaria Signs New SAPARD Agreement
Source: Sofia News AgencyBusiness: 17 January 2006, Tuesday.Bulgaria signed the eighth annual financial agreement under SAPARD for 2005.Bulgaria's Finance Minister Plamen Oresharski, Agriculture Minister Nihat Kabil and Dimitris Kourkoulas, head of EC Delegation to Bulgaria signed the agreement on ... read more
Multinational Investment Fund Targets Bulgarian Properties
Source: Sofia News AgencyBusiness: 16 January 2006, Monday.Heitman LLC, a multi-national real estate investment management firm, has announced that it has closed its Heitman European Property Partners III Fund, raising EUR 350 M of equity.The Fund is targeting office, warehouse, residential and ... read more
Bulgaria to Construct 60km Highways in 2006
Source: Sofia News AgencyBusiness: 16 January 2006, Monday.Bulgaria will introduce 60km highways in 2006, Prime Minister Sergey Stanishev said at the opening of a forum on Bulgaria's infrastructure development.Stanishev also pointed out the authorities should pay attention to the second-class roads ... read more
Bulgaria Hopeful on EUR 2.5 B in 2006
Source: Sofia News AgencyBusiness: 11 January 2006, Wednesday.Bulgaria expects more than EUR 2.5 B foreign direct investments in 2006.Talking to private Darik radio, Pavel Ezekiev, director of InvestBulgaria Agency, forecast that more than half of those will possibly flow into Bulgarian economy ... read more
Bulgaria Opens 101,000 New Jobs in 2006
Source: Sofia News AgencyBusiness: 9 January 2006, Monday.A total of 101,000 new jobs will be opened in Bulgaria in 2006, Social Minister Emilia Maslarova announced Monday.Talking at the "Competitiveness and social policies" forum held in Sofia Minister Maslarova explained that the new jobs will be ... read more
Borovets, Pamporovo Hotter Spots This Year
Source: Sofia News AgencyBusiness: 8 January 2006, Sunday.The number of holidaymakers in Borovets and Pamporovo, two of Bulgaria's highest-class winter resorts, has grown significantly.Borovets has seen a growth of 20% as compared to last year, it emerged Sunday. About 70% of the international ... read more
Tourism Aces Urge Bulgarian MPs to Invest in Infrastructure
Source: Sofia News AgencyBusiness: 6 January 2006, Friday.Bulgaria's Government should invest more in the infrastructure as it is one of the key aspects for Conventional Tourism, and for any tourism for that matter, aces from the business stressed at the country's key annual tourism event, Bulgaria ... read more
Bulgaria Expects 350,000 Business Guests
Source: Sofia News AgencyBusiness: 6 January 2006, Friday.Convention visitors to Bulgaria are expected to number 350 000 this year, marking a significant increase over the past five years.That was broken by Deputy Culture Minister Dimitar Hadzhinikolov at the opening of Bulgaria's key annual ... read more
Number of Foreign Tourists in Bulgaria Increases by 5,09% in 2005
Source: Sofia News AgencyBusiness: 5 January 2006, Thursday.The international tourism of Bulgaria is already providing a positive turnout for the country's current account registering an amount of EUR 1 M.The number of foreign tourists has gone up by 5,09% for the period January-November 2005. The ... read more
Property in Bulgaria - the fastest growing asset in the country
Property in Bulgaria is the fastest growing asset in the country. Last year the property prices in Bulgaria have gone up with more than 25 % in general. Some real estates have gone up with 50 % for one year, especially the ones in Sofia, Veliko Tarnovo, in the Black Sea beach resorts (Sunny Beach) ... read more
Bulgarian Mountains Offer Excellent Tourism Conditions
Source: Sofia News AgencyLifestyle: 2 January 2006, Monday.Tourism conditions in Bulgaria's mountainous resorts are excellent at present.Bulgaria's National Radio reported that all ski fans in Bulgaria are able to enjoy the pleasure of their sport at the tracks as the weather and the snow cover in ... read more
Superfast Train Rolls Through Bulgarian Villages
Source: Sofia News AgencyBusiness: 27 December 2005, Tuesday.Villages in northern Bulgaria received a superfast Siemens train for Christmas.During the past holiday, the new machine headed on its first tour linking the cities of Pleven and Svishtov with smaller settlements in the region.Pleven's ... read more
Bulgaria Leapfrogs Florida, Portugal, Dubai as Boltholes Hot Spot
Source: Sofia News AgencyBusiness: 28 December 2005, Wednesday.Bulgaria has risen to the third most popular destination for foreign boltholes, behind only Spain and France, shows an industry study by currency specialist HIFX, as cited by the Herald. Bulgaria leapt ahead of Florida, Portugal, and ... read more
British Property Buyers in Bulgaria up 77% y/y
Source: Sofia News AgencyBusiness: 23 December 2005, Friday.An increasing number of Britons are buying second homes in Dubai and Bulgaria, according to a report of the British consultancy company HIFX.The number of Britons buying homes in Dubai is up 60 per cent on last year, while 77 per cent more ... read more
Bulgaria to Inject EUR 12 B for Regional Development
Source: Sofia News AgencyBusiness: 23 December 2005, Friday.Bulgaria will invest EUR 12 B into six regions of development under the freshly passed growth plans of these areas.The cabinet endorsed the development plans for a time framework starting from the country's anticipated accession to the EU ... read more
Bulgaria First in the World in Investments
Source: Sofia News AgencyBusiness: 22 December 2005, Thursday.Bulgaria has ranked first in the world for 2005 in the amount of investments, compared to the GDP, a report by the World Bank states.The country has received EUR 1.46 B for the first nine months of the year. After the purchase of mobile ... read more
Convention Tourism in Focus at...
Source: Sofia News AgencyBusiness: 20 December 2005, Tuesday.The fifth edition of Bulgaria's major tourism forum "Bulgaria - Dream Area" will analyse the country's potential as a regional convention centre.The conference, which will take place on January 6-7, 2006 at the Radisson SAS hotel, will ... read more
Greek Investors Eye Bulgaria's Real Estate Market
Source: Sofia News AgencyBusiness: 18 December 2005, Sunday.More and more Greek investors are showing interest in Bulgaria's real estate market, Greek MPA news agency reports.Bulgaria's property market has also attracted the attention of investors from the UK, Israel and Cyprus. Return on ... read more
Japans Invest USD 2 M in Bulgaria-Based Thracian Museum
Source: Sofia News AgencyBusiness: 18 December 2005, Sunday.A super modern museum of Thracian tombs unearthed in Bulgaria will be constructed in the village of Alexandrovo by the Japanese "Jayka" foundation.The news was broken by renowned Bulgarian archeologist Georgi Kitov, who explained that the ... read more
Bulgarian Winter Resort Invests BGN 10 M in Infrastructure
Source: Sofia News AgencyBusiness: 17 December 2005, Saturday.Over the next year Bansko municipality will invest over BGN 10 M in the infrastructure of the town, mayor Alexandar Kravarov said at the opening of the new winter tourism season.The mayor also revealed that the local municipality is ... read more
Bulgaria's Hemus Air Introduces E-Tickets in 2006
Source: Sofia News AgencyBusiness: 15 December 2005, Thursday.Air carrier Hemus Air will introduce e-tickets in 2006, the executive director of the company Dimitar Pavlov announced.Pavlov explained that in 2005 the company has invested into the modernization and the expansion of the company's ... read more
Bulgaria's Popularity with Property Investors Soars
Source: Sofia News AgencyBusiness: 12 December 2005, Monday.Property investors have once again been alerted to the Bulgarian market with new figures revealing that there was a steep incline in the country's marketability in 2005.With the prospect of the Winter Olympics arriving in Sofia in 2012 and ... read more
Bulgarian Property - Europe's Leading Investment Interest
Source: Sofia News AgencyBusiness: 8 December 2005, Thursday.Bulgarian property is quickly becoming one of Europe's leading investment interests, reported news.assetz.co.uk, citing a review of search engine entries during the last three months.The research by d2rworldwide.com reveals that the ... read more
Bulgaria's Pamporovo Resort Opens Ski Season
Source: Sofia News AgencyBusiness: 11 December 2005, Sunday.Bulgaria's mountain resort of Pamporovo in the southeast has opened the new winter season late Saturday night. The number of tourists in the resort is expected to rise by 30% compared to the previous year. The amount of people who have ... read more
Tunnel of Bulgaria, Greece Friendship Opened
Source: Sofia News AgencyBusiness: 9 December 2005, Friday.The Presidents of Bulgaria and Greece Georgi Parvanov and Carolos Papoulias inaugurated Friday the new Illinden-Eksohi border checkpoint. "What we are doing today is a sign that European relations can be enhanced in this difficult and often ... read more
Bulgaria Air Puts for Sale Cheaper Fares
Source: Sofia News AgencyBusiness: 8 December 2005, Thursday.The national flag carrier Bulgaria Air will sell off airfares on 20-30% discount for customers purchasing three to six months in advance.The same discount terms will be applicable if the airfare - for certain destinations - is bought on ... read more
UK Fund Raises Capital for Bulgarian Property Sites
Source: Sofia News AgencyBusiness: 1 December 2005, Thursday.Bulgarian Property Developments PLC has proposed to raise up to GBP 40 M through the placing of new shares on the London Stock Exchange, the news service of the British bourse announced. The funds raised will be used to exploit the ... read more
Fraport Offers Bulgaria Advertising Space
Source: Sofia News AgencyBusiness: 4 December 2005, Sunday.German-based airport company Fraport offers advertising space to Bulgaria as an attractive tourist destination at its busiest and biggest site in Europe - Frankfurt airport. Bulgaria could also use the updated web site of the "Airport City" ... read more
Chelsea Footballers Eye Bulgaria's Real Estate
Source: Sofia News AgencyBusiness: 2 December 2005, Friday.Footballers from UK football clubs, including Chelsea, have showed interest for buying real estate properties in Bulgaria.Local Darik radio reported that the footballers are eyeing the Sofia "Tsarigradski" complex, citing the constructor of ... read more
Bulgaria Boasts Rise in Tourist Flow
Source: Sofia News AgencyBusiness: 30 November 2005, Wednesday.For January-October 2005 the number of tourists visiting Bulgaria has grown by 5.79% on a year-to-year basis.According to latest statistics, a total of 4,360,239 - excluding transit passengers - have come to the country. Germany keeps ... read more
OBG: Foreign Investments in Bulgaria Reveal Its Potential
Source: Sofia News AgencyBusiness: 30 November 2005, Wednesday.News that investments in Bulgaria by the European Bank for Reconstruction and Development (EBRD) have recently vaulted past the EUR 1 B mark has underscored the burgeoning foreign interest in the country, the Oxford Business Group (OBG) ... read more
Bulgaria's 2014 Olympic Bid Makes It Attractive for Investors
Source: Sofia News AgencyBusiness: 27 November 2005, Sunday.Overseas property investors seeking an affordable real estate market with maximum potential for gains and yields are intensely focused on off plan property developments in Bulgaria's ski resorts, according to property investment ... read more
Equal Tourist Prices for Bulgarians, Foreigners Enforced
Source: Sofia News AgencyBusiness: 26 November 2005, Saturday.Prices of all tourist services in Bulgaria are now equal for Bulgarians and foreign visitors under enforced amendments to the tourism law.The reforms come as a result from the European Commission's demands on the Free Movement of Goods ... read more
Bansko Rivals Europe's Top Ski Spots
Source: Sofia News Agency Business: 26 November 2005, Saturday.The Bulgarian resort of Bansko has been voted Europe's most improved ski resort in the first Great Skiing and Snowboarding Guide 2006 awards. The Daily Telegraph reported that the popular Bulgarian resort was listed in the new guide, ... read more
Investors: Bulgaria Set to Outpace Hungary, Poland
Source: Sofia News AgencyBusiness: 22 November 2005, Tuesday.Investors are turning to Bulgaria, Romania and Croatia in expectance of their forthcoming EU entry, but some remain sceptical due to poor management and vulnerability to foreign competitors, according to the Bloomberg agency. "We have to ... read more
Bulgaria's Real Estate Market Marks Europe's Highest Growth
Source: Sofia News AgencyBusiness: 25 November 2005, Friday.Bulgaria's growing property market has experienced yet another record breaking year of investment, reported news.assetz.co.uk, managed by a group of property investment companies delivering selected UK and overseas property and investment ... read more
Luxurious Golf Course Started at Bulgaria's Seaside
Business: 21 November 2005, Monday.A new, luxurious golf complex will be built near the town of Kableshkovo at Bulgaria's seaside. EUR 53 M will be invested in the complex that would spread on 2,000 decares. The luxurious site will also include villas, pools, a racecourse, tennis courts, a casino, ... read more
Bulgarian Tour Operator Awarded at World Travel Market Expo
Source: Sofia News Agency Business: 19 November 2005, Saturday.Bulgarian tour operator "Balkan Holidays" has been awarded at the World Travel Market expo held in London.The company was awarded in two categories "Tour operators for European destinations" and "Best tour operator for Central and ... read more
Bulgaria Increasingly Attractive to Foreign Investors
Source: Sofia News AgencyBusiness: 15 November 2005, Tuesday.Bulgaria and Romania promise to become the most attractive countries in the South Eastern Europe region for foreign investors.According to a latest report released this week by the analytical unit of Bank Austria Creditanstalt, investors ... read more
Entrepreneurs to Promote Bulgaria as Property Investment Hotspot
Source: Sofia News AgencyBusiness: 13 November 2005, Sunday.Fourteen leading Bulgarian construction entrepreneurs have established the Bulgaria Est8s Club, aiming to promote Bulgaria as attractive property investment destination.The establishment of the club comes as a result of the initiative ... read more
December Brings World Vacationers to Bulgaria
Source: Sofia News AgencyBusiness: 12 November 2005, Saturday.The first international guests are expected to arrive to Bulgaria's Borovets resort on December 17, media reported.The major skiing spot has undergone infrastructure repair, and hotels and other public venues have been ... read more
FDI in Bulgaria Up by 11.5% Jan/Sept
Source: Sofia News AgencyBusiness: 11 November 2005, Friday.FDI in Bulgaria Up by 11.5% Jan-SeptThe level of foreign direct investments (FDI) in Bulgaria has gone up by 11.5% in the first nine months of 2005.Bulgaria's National Bank (BNB) registered in January - September FDI amounting to EUR ... read more
Bulgaria Tapped for Golf Tourism Hotspot
Source: Sofia News AgencyBusiness: 10 November 2005, Thursday.Bulgaria has the potential to turn into a major golf tourism destination, where seasonal peculiarities give golf players from seven to nine months to enjoy their favourite game, according to a Spanish expert. Manuel Ferry Sanchez, CEO of ... read more
Moscow Eyes Bulgarian Ski Holidays
Source: Sofia News AgencyBusiness: 6 November 2005, Sunday.Bulgaria's holiday potential for the winter has attracted much attention during a specialized expo in Moscow.Russian airliners that took part have said that their catalogues for Bulgaria were quickly snatched up by visitors.Russia is also ... read more
Slope off to Bulgaria - The Observer
Source: Sofia News AgencyBusiness: 6 November 2005, Sunday.Bulgaria's Bansko has shown its determination to take east European skiing to a whole new level, with skiing and accommodation to compete with the Alps on quality rather than cost.UK's The Observer read on Sunday that at the Olympia Ski ... read more
Britons "Discover" Bulgaria's Ski Resort Bansko
Source: Sofia News AgencyBusiness: 2 November 2005, Wednesday.The Independent tells the story of a UK family that decided to invest in Bulgaria's skiing resort Bansko by buying a flat there.Under the title "Perfect retreats for skiers" the newspaper points out that as winter is nearing more and ... read more
Bulgaria to Build EUR 118 M Golf Courses
Source: Sofia News AgencyBusiness: 1 November 2005, Tuesday.Leading British professional golf player Ian Woosnam came to Bulgaria to advertise two new golf course complexes for the total price of EUR 118 M that will be built in the country.During a press conference on Tuesday builders Balkanstroy ... read more
Europe's Business Wants Bulgaria In
Source: Sofia News AgencyBusiness: 1 November 2005, Tuesday.A group of European industrial leaders have vowed support to Bulgaria's European Union membership.The European Round Table of Industrialists (ERT) will hold a conference in Bulgaria next March.Over the past years, ERT has held several ... read more
Rock Mayor Picked Bulgaria's Man of Year 2005
Source: Sofia News AgencyLifestyle: 29 October 2005, Saturday.The mayor of coastal town of Kavarna Tsonko Tsonev was picked Man of Year 2005 in hot rivalry with Prime Minister Sergey Stanishev and music guru Ivo Papazov.The competition runs every year organized by male-luring magazine Club-M to ... read more
S&P Ups Credit Rating of Bulgaria
Source: Sofia News AgencyBusiness: 28 October 2005, Friday.Standard & Poor's Ratings Services announced it has raised its long-term foreign currency sovereign credit rating on Bulgaria to BBB from BBB-. At the same time, the long- and short-term local currency sovereign ratings on Bulgaria were ... read more
Bulgarian Home Prices Tripled over 2000-2005
Source: Sofia News AgencyBusiness: 26 October 2005, Wednesday.Home prices in Bulgaria's regional centers have increased 1.5 to 3 times over the last five years.That emerged Wednesday as the country okayed a new tax scheme, which will also affect home taxation.According to the fresh rules, real ... read more
Sea Tourism Forms 75% of Bulgarian Tourism Revenues
Source: Sofia News AgencyBusiness: 24 October 2005, Monday.Bulgaria is currently developing mainly its sea tourism, which has formed some 75% of the country's last summer tourism revenues.The Chairman of the Economic and Social Council Lalko Dulevski broke the news at a press conference "Social and ... read more
Germany's Fraport Plans EUR 403 M in Bulgaria's Airport Concession Deal
Source: Sofia News AgencyBusiness: 23 October 2005, Sunday.The consortium between Fraport AG and BM Star plans to invest EUR 403 M if granted a 35-year concession to run Bulgaria's two Black Sea airports.The consortium presented Sunday its investment program and technical plan for the civil ... read more
Bulgaria's Unemployment Rate Drops Steadily
Source: Sofia News AgencyBusiness: 22 October 2005, Saturday.Bulgaria's unemployment rate for September has dropped, following the steady trend of recession that started in the beginning of the year. The Ministry of Labor and Social Policy announced that the unemployment rate for September is ... read more
Bulgaria's Parliament Okays Equalized Pricelists for Tourists
Source: Sofia News AgencyBusiness: 21 October 2005, Friday.The prices of all tourist services in Bulgaria are set to be equal for Bulgarians and foreign visitors by the end of this year under amendments to the tourism law.A total of 135 MPs backed the reforms in the Tourism law at first reading on ... read more
No buyers commission until 31 December!!!
Bulgarian Property Advisors Ltd will not charge buyers commission for any property, bought from the company until 31 December 2005. The offer is valid from 19th October 2005. We will charge only the sellers (vendors) of the properties we offer. Our customers will benefit from completely free ... read more
Bulgaria Boasts Spa Tourism Opportunities in Moscow
Business: 15 October 2005, Saturday.An international specialized exhibition "Medical saloon" was opened in Moscow with the participation of the Bulgarian tourism office. Bulgaria shared with other countries the stand of the European health council, set up in Moscow at the beginning of the year by ... read more
Tourism Expo Kicks Off in Sofia
Business: 13 October 2005, Thursday.The second edition of the tourism expo "Sofia 2005" will be officially inaugurated in Bulgaria's capital on Thursday.Various tourism services - tourism packages for the winter season, excursions, journeys, cruises and transport services as well as alternative ... read more
Lufthansa Opens Daily Sofia-Dusseldorf Flights
Business: 11 October 2005, Tuesday.German airline Lufthansa will commence regular Sofia-Dusseldorf-Sofia flights as of the beginning of November.Dieter Grosse, Lufthansa regional manager for Bulgaria, announced also that the flights will be operated every day, except from Saturdays. The company ... read more
Bulgarian Home Trade Revenues Up
Business: 11 October 2005, Tuesday.Home trade revenues in Bulgaria for the first eight months of the year rose by 13.6 % compared to the same period in 2004, the National Statistical Institute announced Tuesday.The highest growth is seen in automobile and fuel trading and car repairs. Wholesales ... read more
German Business Explores Bulgaria Investment Climate
Business: 10 October 2005, Monday.The government is placing an emphasis on the development of business for the modernization of infrastructure, information technologies, agriculture and tourism. This was pinpointed in the address of Bulgarian Prime Minister Sergey Stanishev at a meeting with a ... read more
Varna Airport Counts 1.5 Million Passengers
Business: 9 October 2005, Sunday.The airport in Bulgaria's main coastal city welcomed its 1.5-millionth passenger for this year.The lucky arriver was a woman from Finland headed to the coastal resort of Golden Sands.By the end of the year, another 90,000 are expected to visit Varna Airport, ... read more
New Low-Cost Airlines Take off to Sofia
Business: 6 October 2005, Thursday.No-frills airlines SkyEurope and May Air have firmly declared their intention to start operations in Bulgaria, it emerged at the international ROUTES aviation forum.Slovakia's SkyEurope is expected to be the first to launch flights Sofia-Bratislava in ... read more
Vitosha Gets Extreme Sports Run
Business: 5 October 2005, Wednesday.Sofia's Vitosha Mountain will soon have a run for extreme skiing and snowboarding, according the strategy for development of the site.The Aleko ski center will build a zone for training of skiing beginners. New public venues will also rise at the mountain, ... read more
Bulgaria Boasts Some of World's Highest Pay Rise
Business: 3 October 2005, Monday.Bulgaria is among the top five countries in the world in terms of projected pay above inflation, a survey has found.The Australian Advertiser cited the results of a survey by human resource consultancy Mercer, according to which India heads the list of 65 countries, ... read more
Bulgaria Air Starts Manchester Flights
Business: 2 October 2005, Sunday.The Bulgarian flag carrier inaugurated Sunday the first one of its regular flights to Manchester.Bulgaria Air now serves 14 destinations in the UK, the company said.A new bonus scheme for the most loyal clients of Bulgaria Air was also introduced that day.It will ... read more
Bulgarian Constructors Stand Out at Plovdiv Fair
Business: 30 September 2005, Friday.Bulgarian construction and architecture companies have emerged as highly successful at the major Plovdiv Technical Fair.They swept eleven gold medals, media reported Friday. Nine titles went to Bulgarian participants in the field of machine engineering. The ... read more
Report: Bulgaria's Global Competitiveness Grows
Business: 28 September 2005, Wednesday.Bulgaria is up one place in the annual ranking of the Global Competitiveness Report of the World Economic Forum.The document, released on Wednesday, placed the country at number 58.The country's telephone lines, Internet hosts and users have grown in number, ... read more
Bulgaria Spotlights Culture Tourism
Business: 27 September 2005, Tuesday.Bulgaria's Culture Ministry presented Tuesday 16 successful projects in the framework of its culture-tourism boosting campaign.The restoration of a Sozopol fortress wall, the development of the Pomorie Salt Museum and the promotion of high-altitude destinations ... read more
Bulgaria's Govt Vows to Create Favourable Business Climate
Business: 25 September 2005, Sunday.Bulgaria's cabinet will undertake an active dialogue with the business in the country and will seek the creation of favourable business climate, Economy and Energy Minister Rumen Ovcharov said.Ovcharov underlined that the Cabinet will try to ease the legislation ... read more
Bulgarian Tourism Authority Restored
Business: 21 September 2005, Wednesday.The Cabinet has decided to restore the Tourism Authority approving amendments to the Tourism Law on Wednesday. The tourism sector was transferred under the helm of the Culture Ministry by the previous government and stayed there for less than half a year. Now ... read more
Pricelists for Foreign, Bulgarian Tourists Equalized
Business: 21 September 2005, Wednesday.The prices of all tourist services in Bulgaria are set to be equal for Bulgarians and foreign visitors by the end of this year under amendments to the tourism law.The Bulgarian Cabinet approved the amendments to the law at a session on Wednesday. Under the new ... read more
Bulgarian Tourism Companies Presented in Moscow
Business: 21 September 2005, Wednesday.Bulgaria is one of the countries, partaking in the biggest Russian tourism event of the season - the tourism expo "Relax 2005", that started in Moscow.Bulgaria is allocated a special stand, spreading on 60 square meters within the huge exhibition accompanying ... read more
UK Landed Proprietors Explore Bulgarian Investment Opportunities
Business: 20 September 2005, Tuesday.British landed proprietors are exploring the investment opportunities in Bulgaria.The proprietors are willing to invest in hunt tourism, horse breeding and the construction of dog farms, specialized in foxhunt, Bulgaria's Agriculture Ministry announced. The news ... read more
Bulgaria Joins Newly Formed Balkan Hotel Alliance
Business: 19 September 2005, Monday.A Balkan Alliance of Hotel Associations has been established in Macedonia's Ohrid, the Bulgarian National Radio announced.The alliance that will be seated in Ohrid was created with the active participation of the Bulgarian Union of Hotel Owners whose ... read more
Bulgaria Embraces Organic Farming
Business: 17 September 2005, Saturday.The Fifth National Festival of Organic Farming was opened in Sofia on Saturday with the special exhibition of various kinds of herbs, milk products, pets and honey and other apiarian products.Speaking at the opening of the festival, Agriculture and Forestry ... read more
Bulgaria Mulls to Mix Land, Air and Water in Transport
Business: 18 September 2005, Sunday.Bulgaria's new transport minister is planning to implement wide-ranging and heavy reforms in the sector, it was announced Sunday. A new transport scheme, combining rail and road transport, shipping and transport by air is to be offered to passengers, Minister ... read more
Bulgaria Makes Billions from Tourism
Business: 16 September 2005, Friday.Bulgaria's revenues from tourism for the first seven months of 2005 towered to over a billion euro, official data shows. According to preliminary data of the Culture Ministry, revenues from international tourism for the period January - August 2005 amount to over ... read more
75% of Foreign Tourists Say They will Return to Bulgaria
Business: 14 September 2005, Wednesday.A total of 75% of the foreign tourists that visited Bulgaria this year intend to return, shows a survey of foreign tourists in Bulgaria, conducted by Visa International, the world's largest card-payment network.The survey was conducted at the end of August ... read more
Bulgaria Looms as the Next Real-Estate Hotspot: Matthew Lynn
Aug. 17 (Bloomberg) -- A villa overlooking the Black Sea? Or a flat in the Bulgarian capital, Sofia? If you happened to be vacationing in the area this year, you might have noticed just how temptingly cheap all those properties for sale are. Now you can take a chance on the market without going ... read more
Bulgarian Property Advisors database
Dear customers,   Due to the dynamic Bulgarian real estate market, we would like to inform you that we will be updating our property database within this and next week. There is a chance that you will see properties, which will not be in the website tomorrow. This means that these ... read more
Burgas Airport Opens Charter Season
Business: 25 April 2005, Monday.Bulgaria's Black Sea airport Burgas opens its charter season on Monday.The first group of German tourists coming from Frankfurt is expected to arrive later in day. The tourism season at Bulgaria's Southern Black Sea seaside will be inaugurated April 30 with 12 ... read more
Bulgaria to Reduce VAT to 18% after 2007
Business: 25 April 2005, Monday.Bulgaria will reduce the Value Added Tax (VAT) rate from the current 20% to 18% from 2007 under the new VAT bill, which the government has proposed to be enforced from January 1, 2006. The bill is part of ongoing effort to align the local legislation to the EU body ... read more
Important announcement from Bulgarian Property Advisors
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Wrong email addresses
Bulgarian Property Advisors would like to kindly point that there are many customers, who submit wrong email addresses with their enquiries. Due to this fact we cannot reply to them with the information requested. Please check your reply email address when you submit your enquiry in order to ... read more
BCVB, BHRA Pool Efforts on Bulgarian Tourism Image
Business: 27 January 2005, Thursday.Bulgaria's leading associations of convention tourism, hotels and restaurants signed Thursday an agreement of partnership to boost the country's potential in the organisation of international forums and conferences and its image as a tourist destination.The ... read more
Tourist Flow to Bulgaria up by 14.38%
Business: 27 January 2005, Thursday.The number of tourists who have visited Bulgaria in 2004 is by 14.38% higher that in 2003, according to information from the Economy Ministry.The data shows that there has been a 23.90% growth in the number of tourists from the EU countries (new member states not ... read more
Important notice from Bulgarian Property Advisors
Important facts, you should know before proceeding with a purchase! Before making an investment in the Bulgarian Real Estate Market you should first carefully consider several important factors.   Trading in Bulgaria is slightly different as it is in every country. The ... read more
Amanda Lamb announced that Bulgaria was number 6 on her list of investment countries on Channel 4's 'A Place in the Sun'
January 6, 2005 A Place In The Sun is Channel 4's hit series which generally shows two house-hunters being taken to the foreign country where they are planning to buy a holiday home, investment property, relocation or retirement home. In this New Year Special, Amanda Lamb selected her top 20 ... read more
Important announcement from Bulgarian Property Advisors
21/12/2004 We would like to confirm that we are an UK based real estate company providing property services to people intending to buy, sell, rent or let property in Bulgaria. Our full legal name is Bulgarian Property Advisors Ltd, registered in England and Wales No. 05206301 with registered ... read more
Top Investor to Bulgaria to Be Awarded
Source: novinite.comThe investor of largest contribution to Bulgarian economy will be awarded with the newly established prize "Investment 2004".The award project is developed by the Economy Ministry and the BulgariaInvest Agency and organises the competing investors in three categories, including ... read more
Bulgarian Seaside Plots Go Cheaper
Source: novinite.comBulgaria's Black Sea coastal land is going cheaper, Bulgarian media reported last weekend.The price for a square meter in coastal land has reportedly dropped by EUR 20.The decrease is said to be due to a freshly passed bill concerning the seaside areas. The law introduced some ... read more
Foreigners Admire Bulgaria's People, Nature, Cuisine
Source: novinite.com04/12/2004Foreigners are fond of Bulgaria's nature, cuisine and people, a survey shows.The Vitosha Research study was executed among foreigners living in Bulgaria. It revealed that the foreigners were mostly impressed by the hospitality of the Bulgarian people, by their ... read more
Bulgaria Hosts WTO Meeting in 2005
Source: novinite.com04/12/2004The Executive Council of the World Tourism Organization will organize its 75th session in Bulgaria in May 2005.Bulgaria's Economy Minister Lidia Shuleva broke the news on Saturday at her annual meeting with journalists. Shuleva pointed out that WTO's new chairman will ... read more
Sofia Hosts High-Profile Talks on Hotel Services
Source: novinite.com01/12/2004Bulgaria will open a major tourism conference in the beginning of January 2005, focused on hotel management and staff training.Mayors of major cities in Turkey, Romania, Greece, Serbia and Montenegro and Macedonia will join the fourth annual Bulgaria Dream Area ... read more
Monaco Helps Bulgaria's Tourism
Source: novinite.com25/11/2004Monaco's Prince Albert and Bulgaria's Environment Minister Dolores Arsenova will sign a memorandum for financial aid.The signing ceremony will take place during Prince Albert's visit to Bulgaria November 26 to 27. Some EUR 50,000 will be allotted annually starting from ... read more
Bulgaria Bets on Convention Tourism to Expand Portfolio
Source: novinite.com25/11/2004Bulgaria declared its determination to add convention business to its touristic portfolio as the Bulgarian Convention and Visitors Bureau, comprising various stakeholders in tourism, made an overview of its activities in 2004. Convention tourism will improve Bulgaria's ... read more
Property Secrets: Bulgaria is Prime Place for Investors
Source: novinite.com18/11/2004UK newsletter Property Secrets has published an article on the Bulgarian property market, saying that the country was a prime place for investors to buy real estates."Bulgaria currently offers investors the opportunity to buy properties at some of the lowest prices in ... read more
Bulgarian Winter Resorts Welcome More Tourists
Source: novinite.com17/11/2004Bulgaria is expecting an increase of 5-7% in the number of tourists visiting its winter resorts, according to the deputy economy minister.Dimitur Hadzhinikolov opened Wednesday a special Tourism and Leisure fair in Varna, the country's main Black Sea city. The four-day ... read more
Bulgaria Opens Tourism and Leisure Fair
Source: novinite.com17/11/2004Bulgaria's main coastal city, Varna, opens on Wednesday a special Tourism and Leisure exhibition.The four-day event brings together Government officials and representatives of trade unions, as well as the small and medium-sized business.The fair is being held for the ... read more
Economy: Lending Boom Fuels Growth
Source: FT World Report Bulgaria 200417/11/2004Instead of American cigarette brands, billboards in Sofia feature giant percentage signs and single-digit numbers, the latest interest rates on mortgages offered by Bulgarian banks.An interest-rate war is one sign of how fast Bulgaria's economy is ... read more
Bulgarian Resorts Attract Austrian Pensioners
Source: novinite.com16/11/2004About 20,000 Austrian pensioners are to spend their holidays in Bulgaria in 2005 and 2006, the Bulgarian Economy Ministry announced Tuesday.Bulgaria's Deputy Economy Minister Dimitar Hadzhinikolov and Austria's Union of Pensioners have negotiated on developing the ... read more
Tourist Flow to Bulgaria Grows by 16.28%
Source: novinite.com16/11/2004A total of 4,121,686 foreign citizens have visited Bulgaria for the January-October 2004 period, Bulgaria's Economy Ministry announced Tuesday.The number of the visitors, or "tourists" according to the definitions of the World Organisation for Tourism and the European ... read more
3,000-year-old Embryo-Like Skeletons Found in Bulgaria
Source: novinite.com16/11/2004Bulgarian archeologists have discovered 3,000-year-old human skeletons, just weeks after Europe's oldest skeleton was unearthed in the country. The skeletons, discovered near the village of Moguila in the district of Yambol, are about two meters tall, which is unusual ... read more
Yoghurt: A Cultural Export with 20m Japanese Buyers
Source: By Kerin Hope, Financial Times16/11/2004There can be few bacteria as popular as lactobacillus bulgaricus, the essential ingredient in producing Bulgaria's unique variety of yoghurt.Cold yoghurt and cucumber soup - known as tarator - is a delicious staple of Bulgarian cuisine. Yoghurt is ... read more
Japan's Electric company, which plans the construction of a wind farm in Bulgaria, will launch the second phase of its due diligence investigation in the Black Sea town of Burgas at the end of November.
Source: novinite.com14/11/2004Japan's Electric company, which plans the construction of a wind farm in Bulgaria, will launch the second phase of its due diligence investigation in the Black Sea town of Burgas at the end of November.The company is considering a 10 million euros investment in the ... read more
Bulgaria Bets on Spa to Pamper US Tourists
Source: novinite.com14/11/2004Seven Bulgarian hotels teamed up to establish the SPA Tourism Association and hit the European and US markets with spa treatments designed to soak away stress.The Association members, which are required to be at least four-star hotels, are set to draw up a spa tourism ... read more
Bulgaria Offers Very Attractive Property Investment Opportunities
Source: novinite.com13/11/2004A cultural treasure trove stuffed to bursting with the ancient monasteries, churches, mosques and Roman and Byzantine ruins, and located in the very heart of the Balkan Peninsula is Bulgaria. Investors Provident have recently launched their investment section on ... read more
Bulgaria Hopes to Exploit Golden Heritage
Source: novinite.com13/11/2004Bulgaria's ancient Thracian heritage has been thrust into the spotlight this year with a number of key archaeological discoveries in the so-called "Valley of the Thracian Kings". The golden treasures are attracting international attention and there is a push to make ... read more
Russia, Israel, UK Hunt for Property Bargains in Bulgaria
Source: novinite.com13/11/2004Oil companies from Russia, Israel and the United Kingdom are after purchasing property in Bulgaria to build guarded neighbourhoods here.This was announced by Orlin Vladikov, head of the National Real Estate Association, in the Black Sea town of Varna.The Southern Black ... read more
Bulgaria Builds Seaside Golf Eden in Style
Source: novinite.com10/11/2004South African golf guru Gary Player is going to design two high-class golf courses at Bulgaria's seaside, a local official disclosed.A total of EUR 30 M will be spent on building the facilities, one located near Varna and the other near Balchik, according to the mayor ... read more
Bulgaria Nurtures Europe's Spa Potential
Source: novinite.com10/11/2004Bulgaria has the potential to turn into the spa hearth on the Old Continent, as some dozen European countries have sought for the opportunities to invest in local centers.The mostly active in research and interest are the British and Hungarian spa associations that ... read more
Bulgaria Bets on Wines and Hikes to Draw Tourists
Source: novinite.com10/11/2004Bulgaria's government reaffirmed its ambition to draw a tourism strategy with a focus on wine and cultural tourism.Bulgaria's wines have already established their reputation around the world and foreign tourists will be tempted to taste them in Bulgaria, Deputy Economy ... read more
Bulgaria Seeks to Boost Finnish Cooperation
Source: novinite.com09/11/2004The horizons to extend cooperation in economic sectors such as trade exchange, tourism and infrastructure projects, as well as to strengthen cultural ties between Bulgaria and Finland focused the talks of the two countries' heads of state.Finland-visiting Bulgarian ... read more
Bulgaria Presented at World Travel Market
Source: novinite.com08/11/2004A total of 24 Bulgarian companies will take part in this year's edition of the World Travel Market (WTA) that will be opened in London on Monday.The event is among world's three top tourism exhibitions. More than 5,000 organizations, hotels, restaurants and agencies ... read more
UK Guests to Bulgarian Ski Resorts Up 50%
Source: novinite.com07/11/2004The number of British tourists visiting Bulgaria's winter resorts is expected to jump up by 50% this season, as compared to winter 2003, media said Sunday.Up to 50,000 Britons are expected in Bulgaria over the next months, Bulgaria's Dnevnik daily said, citing data ... read more
Bulgarian Real Estate Market Stirs London's Interest
Source: novinite.com05/11/2004Deyan Kavrakov, CEO of ADIS Ltd, Bulgaria's largest full service real e