The daily ski card in Borovets winter resort will now cost 20 leva. The resort decided to take down all prices towards the end of the ski season. The threeday card, enabling usage of all facilities, costs 56 leva and the sixday card is worth 104 leva. Hotels also decreased accommodation prices. Some of them offer special summer packages to attract tourists, Focus news agency reported. Other offers
Though Spain and Greece remain attractive destinations for Italians looking for property abroad, Southern Europe also emerged as a possible market. Spain and Greece still offer good price to quality ratio, La Stampa newspaper reported. Bulgaria and Romania were to see yet another property market boom, predictions of research institute Scenari Immobiliari showed. Bulgaria, Croatia and Slovenia are the newly
The April May 2007 issue of PropertyWise magazine, the specialised real estate publication of Sofia Echo Media, will be on sale starting March 30. Alternative developments, environmental assessment of property projects and ecological requirements will feature among the issues topics. PropertyWise will also analyse the manner in which the snowless winter season affected the property market in Bulgarias
In an article entitled On Course for a Building Bonanza, The Independent reported that Bulgarias property boom continues. Initially Bulgaria attracted investors with the low prices but is now moving up in the international property market. Coastal resorts continue attracting the majority of buyers, the report said. Several major projects are carried out at the moment and promise to offer highest quality upon
The ski resort of Borovets is going to become increasingly attractive for foreign property seekers, Asta Bridge executive director Anton Pankev said. During the coming winter season Borovets is to see a number of major projects, Pankev said. The execution of such plans was going to attract further interest, he said. Upon completion new property in the resort will be offered
The supply of vacation property in Bulgarian winter resorts increased nearly four times within the past 18 months, Colliers International market research showed. From June 2006 to December 2006 vacation property offering increased by 50 per cent and the current number of offered properties is nearly 18 000, Bulgarian National Radio reported. Nearly two thirds of the vacation property for sale can be found in
The construction of large retail areas and modern trade centres puts under question the existence of small shops in the residential areas of Sofia. Shop owners are still optimistic and seem to be doing nothing to keep customers, whose number decreases with every newly opened mall, Capital weekly reported. The shops tenants are constantly changing but the owners still refuse to lower prices, a saleswoman in
On March 19 and 20 the Supreme Court of Administration will examine the litigations of Tsarevo municipality and Crash 2000 company concerning a construction ban in Strandzha preserve. The ban was introduced in 1995, as Strandzha was considered protected area. In case the ban is lifted, construction in the natural area will become possible and the preserve will cease to exist. In November 2006,
Over 29 per cent of the property deals concluded in Bulgaria in 2006 involved foreign participation, executive director of real estate company Asta Bridge Anton Pankev said. Nearly 66.87 per cent of all foreigners who bought property in Bulgaria came from UK, he said as quoted by Bulgarian National Radio. The British interest was attributed to regular flights between Bulgaria and the UK. Irish investors concluded nearly 13
The interest of British property seekers in Bulgarian property steadily increased over the past three months, This is Money financial website reported. Nearly 12 per cent of the inquiries for funds to buy property abroad came concerning property in Bulgaria as compared to 14 per cent for France, the report said. In some regions of Britain, property buyers were even more interested in Bulgaria than in France. Spain and