The Russians Are Coming...the Russians Are Coming 14/03/2008
The Russian appetite for foreign real estate is still in its infancy, particularly compared to the overseas buying frenzy among the British. Yet there is every sign that Russian buyers are on the move, aided by a flourishing domestic economy and an ever-widening choice of overseas bargains. Russians started to buy real estate abroad about a decade ago, beginning in Spain and Cyprus. About five years ago, somewhat tentatively at first, they gravitated towards Bulgaria. Over the few years, however, Bulgaria has been one of three leading target countries for Russians. During 2007 Bulgaria became the unequivocal favoured destination for Russian buyers, attracting 23 per cent of those who decided to buy abroad, followed by Montenegro (17 per cent), Spain (16 per cent) and others (10 per... more

Bulgarian Kazanlak City To Have Own Airport 21/04/2008
The preparations for the construction of an airport near Kazanlak city (central Bulgaria) has started, Stefan Damyanov, mayor of the Kazanlak municipality informed. According to his words the airport will be legitimated by the international flights requirements. The airport is foreseen to have two runways and a reserve one (1,800 m), which will cover a capacity of landing planes with 40 passengers on board per day. It is expected the realizing of charter flights at the new airport. Mayor Damyanov stated that this is the biggest investment that will be implemented in 2008-2009 on the territory of the municipality - round 50-60 million BGN (25 - 30 million EUR). The municipality won't take part in the construction sides. The investor plans to finish the project by the end of 2009. more

100,000 Ukrainian Tourists Visit Bulgaria Yearly 19/03/2008
Round 100, 000 Ukrainians visit Bulgaria yearly with purpose tourism money .bg announced. Round 80,000 million USD is the yearly stock exchange between both countries, the Ukrainian ambassador for Bulgaria Victor Kalnik said on the meeting with the major of Varna Kiril Jordanov. He reminded, after the entering of Ukraine in the International trade Organization, the opportunities for mutual cooperation have increased. The Bulgarian business has opportunity to return to the Ukrainian market with the popular there goods as vine, perfumery, cigarettes and the Ukrainian contractors show interest in investments in property, shipbuilding, infrastructure and energy projects. ‘There are concessions in the visa regime, but additionally there is being worked for improving of the conditions of... more

British Tourists Pointed Towards Bulgaria 30/05/2008
British holidaymakers have been advised to consider travelling to Bulgaria by a national newspaper. According to the Times, the eastern European country offers a number of attractions which would appeal to the whole family. In addition, Bulgaria was said to be much more affordable than places such as Italy, Portugal, France and Spain. This is because the pound has slumped to a record low against the single European currency - falling by nearly a fifth in the last year. As a result, travelling to a country inside the eurozone may not offer the value for money Britons have enjoyed in the past. The Times commented: "It's been a bad year for the pound. "Last summer, a €20 meal would have set you back Ј14. Now it would be Ј16.50." By contrast, Bulgaria was said to offer... more

The Bulgarian Scene: Golf Resorts Vs. Alternative Tourism 27/03/2008
The municipality council of Shabla town presents land for three golf resorts, money.bg reveals quoting local online daily. The construction works still hasn't started, but the project foreseen to extend over 1,400 decares seaside lands is at its most advanced phase. One of the golf complexes, which will include residential part, swimming pools, hotels, garages and perking lots, will be constructed over an area between Tiulenovo village and Shabla lighthouse (North - Eastern Bulgaria). This region is extremely sensitive in ecological relation. The eco system is from steppe type, probably the last one of its kind in Bulgaria. These terrains are suitable for conservation, because along with the rest of the regional nature and history treasures may set up a micro complex for... more