Bulgaria Offers Good Value 12/03/2008
People who want to enjoy reduced living costs could find Bulgaria a suitable place to live, new research has revealed. According to Teletext Holidays, the cost of food and drink in places such as Sofia is much less than in many other European countries. For example, a pint of beer in Bulgaria was said to cost an average of 49p, compared with ВЈ1.56 in Spain. In addition, the study found that a three-course meal in Spain costs ВЈ17.50, which is more than the double the amount it would cost in Bulgaria. The figures could be of interest to people who are planning to buy a property in Bulgaria, as they suggest it offers good value for money. Ash Makkar, spokesperson for Teletext Holidays, commented: "People are becoming more adventurous when it comes to booking a trip abroad."... more

Holiday Complexes Along Bulgarias Black Sea Coast Keep Attracting Investors 12/03/2008
The interest in holiday complexes along Bulgaria’s Black Sea coast increased 3 to 5 times compared to 2006, Nikolai Pehlivanov, owner Green Life Property Development, said. Real estate prices along the southern coast increased by an average of 18 per cent on annual basis, despite the prognosis of trade decline and reports of foreign investors’ withdrawing, Focus news agency said. Holiday properties in the winter resorts were the most expensive in the country. In the Bansko and Pamporovo mountain resorts prices reached 1200 to 1300 euro per sq m. In the summer resorts real estate was sold at 1000 euro per sq m, Pehlivanov said. The difference in the prices results  from the more expensive construction in the winter resorts. The property developments there were more luxurious too.... more

Yearround Foreign Demand For Village Houses In Bulgaria 09/03/2008
Latest property market tendencies revealed that the sales of village houses was no longer dependent on the season. Usually the demand for houses in villages was higher during the summer, 24 Chassa newspaper wrote. Over the past few years the real estate market registered a steady year-round supply and demand for such property. The majority of the investors iwere foreigners, mainly British and Irish. The number of houses on sale increases as owners of the houses hope for profitable deals with foreign buyers. Recently Bulgarian real estate owners explored ways to attract investors from other countries, including Scandinavian countries. According to imot.bg at present Bulgarian villages offered over 6 000 village houses for sale. The supply was highest in the coastal regions near... more