House for sale near Shoumen - ID 4274

First Ecoinnovation Hotel Constructed In Bulgaria 13/03/2008
The first eco-innovation hotel in Southeastern Europe will be constructed in the Bulgarian village of Zdravkovets. Hilltop hotel will feature wind mills, local purifying devices and the utilisation of rainwater. A monitoring system will indicate the quantity of electricity produced and consumed at the hotel, Bulgarian news agency BTA reported. Time foundation is among the project executors, foundation representative Elena Petkova said. It takes part in the public-private partnership behind the project that was created in 2006. Gabrovo municipality and two foreign companies are also taking part in the project. The municipality will have to provide the infrastructure needed for the functioning of the hotel and to introduce a waste management programme. Investment needed for... more

Eu Criticism Fails To Affect Bulgarias Property Market Report 07/03/2008
Bulgaria remains real estate hotspot, despite EU criticism over reforms failure, market analysis shows. Spain and France are losing some popularity, Dnevnik newspaper reported. The majority of property seekers are now turning to Southeastern Europe. The international property market is slowing down, yet Southeastern Europe would maintain the high number of buyers, analysis shows. Infrastructure improvement projects affect this tendency positively. Analysts said the popularity of Bulgarian real estate was expected to affect the Romanian market as well, Dnevnik said. Buyers look for vacation property in Bulgaria and Romania because of the availability of low-cost carrier services, which permit cheap trips for a short vacation. Yet, international tendencies show an overall... more