World's Best Ranked Tourism Industries 26/03/2008
As a property investor, one of your concerns when choosing the right country to invest in should be its ability to provide a conducive environment from which to generate profits in the future.  A major consideration is often the country’s tourism industry. The World Economic Forum (WEF) recently released its 2008 Travel & Tourism Competitiveness Report. Why should this report matter to you, the individual who wants to see positive cash flow returns from your property investment? Because it measures the success of tourism industries in countries around the world, putting a special emphasis on economic development and environmental sustainability. Tourists equal demand for holiday rentals; therefore, a healthy tourism environment equals higher returns from your holiday rentals. The WEF... more

Property Deals In Bulgarias Primorsko Resort Inspected 10/03/2008
Real estate deals with municipal property were being inspected since December 11 2007, press office in Bulgaria's municipality of Primorsko announced. The inspection would affect all property exchanges and decisions, as well as further management of properties in question, investor.bg said. All municipal companies would undergo auditors’ examination to find out the real financial condition of the companies. The municipal authorities said that they ‘inherited’ debts to suppliers worth an estimated 862 000 leva by mid-November 2007. The municipality was still to find out what sum it would have to pay under lost trials, the press office said. more

Large Players Head For The Northern Black Sea Coastline 15/03/2008
In an attempt to attract affluent tourists, local business people have opted for luxury construction at certain destinations along the northern coastline, which have not yet suffered the consequences of over-construction, Standart daily reported. These are some of the projects under development:  ** July Morning, a seaside resort, which will spread over 95 000 sq m of beach-front sea land, situated next to Kavarna. This will deliver about 400 apartments. Construction is expected to start in spring. The investor is Bulgarian Land Development, headed by Dimitur Spasov. ** Harmony Hills in Rogachevo village, near the Albena resort. ** Holiday villages near Kranevo and Obrochishte. ** А hotel in Kavarna area, owned by Nikolin Gavrailov, managing director of the NVG Group that... more