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03 juillet 2008, jeudi

Bulgaria Sea Resort Opens Ice Skating Rink

Bulgarian Sea Resort "Albena" now has a brand new ice skating ring, just meters away form the sea. The rink is located in front of the "Laguna Beach" hotel over on area of 300 square meters. The rink is an indoor one and its dimensions are 15 X 20 meters. The idea for an ice skating rink was first mentioned two years ago when the Resort's Management announced their i...

27 juin 2008, vendredi

Bulgaria ranked 44th in Forbes Best Countries for Business

Bulgaria advanced 24 positions to 44th in Forbes' third annual ranking of Best Countries for Business, published by the magazine on June 27. Formerly called the Forbes Capital Hospitality Business, the report gauges more that 121 countries against key macroeconomic parameters such as gross domestic product (GDP), GDP per capita, unemployment, inflation, as well as degree of innovations and...

19 juin 2008, jeudi

Bulgaria registers strong economic growth, the last World Bank report's data shows.

The growth of Bulgaria, along with Poland is on the highest level among the 10 new countries - members of EU and is expected to remain unchanged during 2008. In common the 10 countries are adapting comparatively well to the world financial shocks, growing customer's prices and inflation and the prognoses of weak economical growth in the developed countries, the bank experts declared. ...

11 juin 2008, mercredi

Bulgaria to Promote Spa and Wellness Tourism

The State Tourist Agency is preparing a strategy for the development of spa and wellness tourism in Bulgaria. The strategy was announced by the Agency's Chair Anelia Kruchkova at the First Specialized Business Forum dedicated to Spa and Wellness. The forum is held in the sea resort "Albena" and is organized by the National Spa and Wellness Association with the goal for tour op...

04 juin 2008, mercredi

British tourists flock to Bulgaria

Rental investors in Bulgaria are seeing a surge in demand for tourist accommodation this summer, it has emerged. Online travel agency Lastminute.com revealed that the number of June bookings for the country is 151 per cent up on 12 months earlier. This means that some owners of holiday accommodation in Bulgaria will see higher occupancy rates this year, as well as greater rental returns. ...

29 mai 2008, jeudi

First Kavarna Golf Resort Opens For Business

The first section of Black Sea Rama, one of the three golf resorts under development in the area between coastal towns Kavarna and Balchik, will be officially unveiled at the end of this week, said Kancho Stoichev, project manager and co-owner. The resort will inaugurate the first nine of its 18 golf course holes and the golf academy. The remaining holes will be playable by August or September...

26 mai 2008, lundi

Property Rental Prices Highest In Varna

Rental prices in the city of Varna on the Black Sea were the highest in the country, local Narodno Delo daily said on May 26 2008. According to the paper, luxury apartments registered the highest increase, 22.1 per cent, compared to May 2007. Rents of unfurnished housing went up by 19 per cent, while furnished ones increased by 17 per cent. Two-bedroom apartments were the preferred choice of...

21 mai 2008, mercredi

Bulgarian Golf And Wine Tourism Has Strong Potential

Over 300 million EUR could potentially be invested in golf courses in Bulgaria if the state provides private investors with plots suitable for golfing. This statement was made by Krassimir Gergov, Chair of the National Tourist Board at the Fourth International Meeting of Bulgarian Media in Madrid, Spain. If in 5 years golf courses were not built on the plots provided by the state, such plots...

21 mai 2008, mercredi

Why Invest In Bulgarian Property

Bulgaria is one of the fastest growing property markets in Europe offering investors low property prices, continued strong capital growth and high rental returns. Executives at a property exhibition taking place in Larnaca and Nicosia thios week are expected to argue that Bulgaria also provides investors with one key element above many other European investment hotspots; “value for money”. ...

14 mai 2008, mercredi

US Travel Writer Picks Bulgaria as Top Budget Destination

Bulgaria was among the top 10 budget destinations for summer vacations in 2008, according to US travel writer Pauline Frommer. Frommer's recommendations range "from romantic getaway spots to family faves to exotic destinations for adventurous travelers", she said in a media statement. "The strength of the euro has made much of Europe a budget-buster for American travelers...

12 mai 2008, lundi

Bulgarian Economy Showns No Sign Of Slow Down

Bulgaria’s economy will expand by about six per cent, economic think-tank Centre for Economic Development (CED) said in its quarterly economic report released on May 12. The January-March 2008 data give grounds to believe that economic growth would be higher than in the same period a year ago, CED analysts told a news conference. While last year it was at 5.5 per cent, in the first quarter of...

10 mai 2008, samedi

New Luxury Black Sea Resort Complex to Be Built Close to Bulgaria's Albena

A new luxury vacation complex will be constructed on Bulgaria's northern Black Sea coast between the resort of Albena and the city of Varna. The complex will be called "Golden Valley" ("Zlatna Dolina" in Bulgarian), and is worth EUR 20 M. The Bulgarian-French company Eurosilex is the investor in the project. Most of the apartments in the new complex have already be...