Rural Property 30 km From Varna - ID 3327

Pamporovo Resort To Invest 13m Leva In Ski Lift 10/03/2008
Pamporovo AD, the company that manages Pamporovo resort in Bulgaria, plans to extend its ski area to the village of Stoikite with the construction of three-kilometre six-seater chair lift. It has already received the environmental impact assessment from the environment ministry and estimates the costs of the project at 13 million leva, investor.bg said. The lift will service two new ski runs with a total length of seven kilometres, which will be built in 2008. The project is part of the wider plans to connect the ski zones in Chepelare, Pamporovo and Perelik, investor.bg said. To make the new ski runs more attractive to tourists, the company also plans to invest in a villa settlement in Stoikite. In addition to the new lift, Pamporovo AD had invested more than 40 million leva... more

Holiday Property Prices At Bulgarian Black Sea Coast Decrease 12/03/2008
The trend of the past four years of a steady increase in prices of holiday property at the Black Sea coast has started to drop off. Prices in the past three to four years initially increased by to 20 to 30 per cent and even 50 per cent in a year, but this had not been the case in 2007, investor.bg reported. The average price of bachelor flats and two-bedroom summer apartments in Sunny Beach dropped by four per cent between July 2006 and July 2007, according to a survey commissioned by investor.bg. A trend of falling holiday property prices has been evident in other southern Black Sea resorts in Bulgaria, including Ahtopol where prices of bachelor flats went down by five per cent and that of three-bedroom apartments by eight per cent. Other resorts where prices decreased were... more