Building plot near Provadia - ID 3651

Developers Queue To Buy Land In Bulgaria. 19/03/2008
About 30 developers and property hunters line up on an empty white sand beach, straining to hear the English translation of a speech from Krasimir Todorov. Todorov, the mayor of Avren, is trying to sell 300,000 sq metres of municipally owned land south of the Black Sea port of Varna. It includes a thick strip of forest and hot mineral springs suitable for spa treatments, and it borders the Kamchia River that is part of a protected environmental area. “This is one of the prime properties along this coast,” he says, gesturing towards the sea. “We offer an excellent return for investors but also a great place for a holiday home.” His sales pitch seems to be working. The Moscow government has already invested in this area of Bulgaria’s coast, with plans to build two five-star hotels on a... more

Bulgaria 'offers Strong Fundamentals' 13/06/2008
Bulgaria has a number of strong fundamentals which are supporting its housing market, according to industry analysts. Amberlamb stated that factors such as its growing tourism industry are helping to make Bulgaria a good option for long-term investment. The organisation said the eastern European country has become increasingly popular with leisure travellers because it is an affordable and easily accessible location. Since it also offers natural beauty and a variety of attractions, it has also helped become an appealing destination for foreign property buyers. Commenting on its investment potential, Amberlamb stated that visitor numbers went up by 11 per cent last year. This means that demand for rental accommodation in the country will have gone up by a similar amount,... more