Just before Christmas, when everyone is in the mood, and it is time for holiday and fun, the ski season officially opened in Borovets ski resort. The event took place on 23 of December and it was perfectly organized. It was not only the amusing program but the shinny weather, the white, sparkling snow and the beautiful Rila Mountain that turned the official opening into a great party. Read more…
Bulgarian Property & Real Estate News
Bulgarian Property Tops Hotspots
Bulgarian property, 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, says the current low prices of Bulgarian property will continue to be the main attraction for investors.
“The investment opportunities in Bulgarian property are as a result of extensive World Bank funding, which has allowed dramatic improvements to Bulgaria’s infrastructure and tourism industry, transforming it from its former Communist days,” says Nick Fullerton, Director of FC Exchange. Read more…
Bulgaria Ski Resorts – Hitting the Slopes
Some have been waiting for this moment for as long as last March – the moment when the slopes are again covered in snow and they can grab their skis or snowboard and head downhill fast. Over the past few years Bulgaria ski resorts have become the dream destination for many of these people, with the winter resorts attracting investors, fans and benefactors from all over the world.
Potential for Property in Bulgaria
All emerging property market’s reach a period of transition when it stops emerging and it actually arrives, and 2007 could very well be the year when property in Bulgaria finally arrives. The potential for property in Bulgaria in 2007 will be helped by the fact that the country becomes a member of the European Union on the 1st of January and between 2007 and around 2010 property in Bulgaria will most certainly remain hot.
Some have said that prior to accession all of the profits have been drained from the market, that greed and speculation have damaged the long term attraction of Bulgaria for its required international tourism and retiree market and that property in Bulgaria was a flash in the pan as an investment commodity – this article will prove that to be a false series of assumptions. Bulgaria will return profitability in 2007. Read more…
Construction of property In Bulgaria to become more expensive
The lack of skilled construction workers, more expensive raw materials and energy will force up construction prices in 2007. At the same time the price of property in Bulgaria is not expected to climb at such a high rate because of increased supply. Property in Bulgaria will also have to meet European quality requirements, the report said. These demands would also bring up construction prices, Bulgarian property analysts report. Read more…