One storey rural property 3 km from the beach - ID 2725

Bulgaria To Attract More Irish Tourists 17/04/2008
Overseas property investors could be set to benefit from growing tourism in Bulgaria. According to the Novinite news agency, the eastern European country is becoming especially popular with holidaymakers from Ireland. Petar Kandilarov, governor of Varna, was quoted as saying that the number of Irish visitors could possibly double in 2008. This is likely to be a positive development for owners of rental accommodation in popular Bulgarian holiday resorts such as Bansko. Increased tourist numbers will lead to greater demand for temporary lodgings across the country, which in turn allows investors to collect higher returns. Official figures cited by Novinite show that 90,000 Irish holidaymakers visited Bulgaria last year. The predictions comes just officials in the UK forecast... more

Bulland Investments To Build Nissan Showroom In Veliko Turnovo 12/09/2008
Bulgarian real estate investment trust (REIT) Bulland Investments has broken ground on a Nissan showroom and service centre in the northern town of Veliko Turnovo, executive director Valentin Karabashev has said.The REIT has signed a ten-year lease preliminary contract with the car maker.The project will cost about four million leva and will open in seven months on a 0.7ha area. The centre will showcase and sell Nissan and Renault vehicles.Bulland Investments has pledged to lay power and water pipes servicing the whole area and improve nearby infrastructure. more