Building Plot Near Borovetz - ID 1998

5% Growth Of Tourists In Summer Season '08 Expected 18/03/2008
The expected growth of tourist in Bulgaria in the coming summer season is between 3 and 5 %, compared to the last year season. This was prognosticated by Rumen Draganov, director of Institute for analysis and value in tourism. Last year Bulgaria was visited by 7,8 million tourists and excursionists. The increase in coming holiday makers will be mainly due to Romanian and Greek tourists. The impression will remain that the number of tourists is insufficient because of the enormous bed supply. more

Bulgarias Property Investment Registers Recordbreaking Turnover Of 11.36 Billion Euro In 2007 14/03/2008
As the world's strongest property market in 2007, Bulgarian property investment has made a huge 2.36 billion euro increase on 2006 figures and is maintaining momentum for 2008, according to global investment specialist Obelisk. Bulgaria’s property investment has proven to be the country's economic driver with a record-breaking turnover of 11.36 billion euro in 2007. Many local and international property experts predicted the year's increase to reach up to 30 per cent but, by September the market had actually risen by 32 per cent and many major cities, such as Sofia, are already recording impressive growth this year. James Gonzalez, market analyst at Obelisk, comments: "The huge property price rise has been largely attributed to a good mortgage market, high annual property... more