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Bulgarian Property & Real Estate News

Good news in general for Bulgarian tourism

The business traveler segment of Bulgaria tourism market has suffered a slowdown in Q1 2012. Many of the business hotels in Sofia have reported poor trading so far in 2012. The drop in bookings is attributed to 2 main factors; firstly the continued global economic problems and secondly the extremely cold weather in Sofia for the first 2 months of the year.

By contracts the local ski resorts have benefitted from the extreme weather and are enjoying one of the best seasons in several years. As well as an increase in foreign tourists there has been a boost from more Bulgarian skiers and snow boarders. Read more…

New opportunies in the Bulgarian property market

New opportunties in the market for vacation property in Bulgaria were to be expected, agents said during the Southeast European economic forum that began on October 31. Demand for vacation property in Bulgaria, especially in the central parts of the country was going to increase, reported. The demand would be highest in villages known for spa treatment opportunities. Hisarya, Velingrad and Sandanski could soon become new vacation property hotspots, reported. The State Agency for Tourism (SAT) was going to aid developments increasing the popularity of Bulgaria’s alternative tourism. Bulgaria ranked second after Iceland in the availability of mineral water springs and had to make use of this potential, SAT representatives said. Lack of proper infrastructure in these villages hindered the development of tourism options and the Bulgarian property market, reported.

Source: Sofia Echo

Why Buy Property In Bulgaria ?

Located in South Eastern Europe, Bulgaria is bordered by Greece and Turkey to the South, Romania to the North and Macedonia and Serbia to the West. Its Eastern Border is formed by the beautiful Black Sea Coast. A country of outstanding natural beauty the environment remains unspoilt and is incredibly varied. A relatively small country, a few hours drive will take you from the snow covered central Pirin mountain Ranges to the long sandy beaches of the Black Sea coast.

Forming the heart of several of ancient histories greatest civilizations Bulgaria’s rich culture is reflected in a vast number of architectural treasures. Read more…

Best Ski Season Ever for Bulgaria

The Bulgarian Ski Federation and the Sofia 2014 Bid Committee announced today that the 2005-2006 ski season drew record visitors to Bulgaria. A celebration event was held at Sofialand and featured the resorts of Bansko and Borovetz – the two mountain venues for Sofia 2014’s bid for the Olympic Winter Games. “We are ecstatic with the attendance at Bulgarian winter sports destinations,” stated Tseko Minev, President of the Bulgarian Ski Federation. “The world is recognizing the amazing snow, fantastic accommodations and warm people of Bulgaria. Sofia 2014 captures all of this.” Read more…

Sofia, Bulgaria: An Ancient City That Wears Its History Well

The storm had just broken, taking with it the August mugginess. I looked up from the balcony of my hotel across the dampened city of Sofia, the capital of Bulgaria. Directly in front of me, the golden domes of the huge Aleksandr Nevsky Cathedral were set against the dark sky. Twin rainbows arced above them as though the sky itself were part of the building’s design. Sofia is that kind of place.
There has been a settlement here near the Iskar River for at least 4,000 years, since the ancient Thracians settled a broad valley overshadowed by the towering Mount Vitosha to the south. A succession of empires, including the Roman, Byzantine and Ottoman, molded Sofia, and their influence remains in the old buildings and ruins scattered around the city. Read more…

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More British Tourists visited the Bulgarian Winter Resorts

Balkan Holidays tourism agency registered a 35 per cent increase in the number of British tourists who visited Bulgarian winter resorts. More than 25 000 people arrived in Bulgaria, using the services of the company, Dnevnik newspaper reported. For the 2004-2005 season Balkan Holidays registered a 70 per cent increase in tourist figures, compared to the numbers for the previous season. Read more…

Number of Russian Tourists Up by 20%

The number of Russians coming to Bulgaria in January and February 2006 has increased by respectively 57 and 53%, according to information from the consular office with the Bulgarian Embassy in Moscow. Dimitar Tsonev, representing Solvex, one of the leading tourist companies at the Russian market, believes that this summer the number of the Russian tourists to Bulgaria may be expected to grow by about 20%. The booked charter flight places are by 30% more. This year, 62 Bulgarian companies will take part in the Tourism & Travel exhibition in Moscow. The Bulgarian companies will emphasize the opportunities for spa tourism in Bulgaria. The total number of participants in the exhibition will be 2700 companies from 110 countries.

Source: Standart News

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