Nearly 40 000 Uk Citizens Own Property In Bulgaria 12/03/2008
Almost 40 000 Britons currently have property in Bulgaria and the demand remains sufficiently high to lead to a steady price increase.   UK daily The Independent said that Bulgaria featured as one of the most attractive destinations for property buyers where one could still buy flats worth 34 000 euro.   Brokers quoted by the paper however warned that investors should no longer expect quick and easy returns.   It is increasingly difficult in the UK to gain profit from property deals on rental purposes. Interest rates in the UK increased five times from 4.5 per cent to 5.75 per cent while rental prices grew insufficiently.   This is the main reason why Britons search for investment opportunities in Eastern Europe and especially in new European Union member countries like Poland... more

Pamporovo Resort To Invest 13 Million Leva In Ski Lift 14/03/2008
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 in... more

7% Raise Of Tourism Incomes In 2008 21/05/2008
7-8% raise of incomes from tourism is expected for this year, the State Tourism Agency chairman Anelia Ktushkova announced. Krushkova is in the ‘St. St. Konstantin & Elena' resort for the official opening of the summer season. Merits of this conclusion give the registered to the moment vacations. The tourism incomes for the last year are 2, 284 billions EUR, which makes 10% more than the common amount for 2006. Over 5 million foreigners have visited Bulgaria in 2007, as the EU tourists' raise is 51,6%. They consider Bulgaria as a secure tourism destination, Krushkova declared. That will be task number one of the State Agency of Tourism - to assure peace of mind of the tourists. The income from foreign tourists for the first 3 months of the present year is 291, 4 million... more