13.04.2009
Dear Property Investor,
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Properties in Bulgaria Managing Director
4th Floor, 16 Sv. Nedelya Sqr. BG-1000
Sofia, Bulgaria
T: +359(0)2 9862863
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W: propertiesinbulgaria.com
Bulgaria Cultural Tourism Not
Affected by Global Crisis April 10, 2009
The sixth
annual "Cultural Tourism" expo was launched Wednesday in the
Bulgarian city of Veliko Tarnovo.
This year's edition of the expo includes 300
representatives from 12 countries.
At the opening ceremony, the Chair of
Bulgaria's State Tourist Agency, Anelya Krushkova, said that
cultural tourism was one of the few sectors that have not been
affected negatively by the global financial crisis. Krushkova
informed that while Bulgaria's winter resorts registered a 6,5%
reduction in the number of tourists this season, 2,5% more people
have visited Veliko Tarnovo's historical sites.
Blagoy Ragin, Chair of the Bulgarian Hotel and
Restaurant Association (BHRA) supported Krushkova's statement. Ragin
said that Veliko Tarnovo and Velingrad were the two destinations
that were pulling the country's tourism forward and added BHRA was
going to nominate Veliko Tarnovo for the Balkans' Cultural
Capital.
The expo's participants will have the
opportunity to learn about the Italian and Spanish experience in
preserving cultural and historical sites and turning them into
tourist attractions along with the procedures to register a
particular site as a world historical heritage and
treasure.
The guest will further enjoy special tours,
hotels, restaurants, exhibits and other
attractions.
The Villa "Aldimira" in the southern town of
Ivaylovgrad received the award of the State Tourist Agency. The
award is bestowed for special contributions in turning the country's
cultural and historic heritage into a tourist
destination.
BHRA will also, for the first time, present
their award for contributions to the development of the local
cultural tourism.
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Renting Office in
Bulgaria's Sofia Becomes Cheaper April 09, 2009
The average
office space renting price in Bulgarian capital Sofia's downtown
have decreased by 18%, imoti.net statistics
showed.
The decrease of the prices of offices
near Bulgaria Blvd. is most dramatic - by 46%. Currently, offers are
up to EUR 15 per square meter. The cheapest office costs EUR 350 a
month, and is 66 square meters. The most expensive is EUR 1 500 for
100 square meters area.
On the contrary, rent prices for offices
near Maria Louisa Blvd. have risen by 25%. Prices vary from EUR 4 to
EUR 49 per square meter. The most expensive ones can be rented for
EUR 4000 per month, and the cheapest cost EUR 250 a
month.
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Bulgaria Says No
Need to Speed up Euro Adoption
April 09, 2009
Bulgaria's
finance minister has taken a stance against the immediate
introduction of the euro, saying this would have no significant
economic impact.
Plamen Oresharski statement came in reply to
International Monetary Fund calls on central and eastern European
countries to consider scrapping their currencies in favour of the
euro even without formally joining the eurozone.
In a confidential IMF report, which leaked
earlier in the week, the fund said the eurozone could relax its
entry rules so countries could join as quasi-members, without
European Central Bank board seats.
"Give me just one reason for concluding a new
agreement with the IMF at this stage," Minister Oresharski said,
adding that Bulgaria has been considering the adoption of the euro
and its impact on the economy for more than ten
years.
"We will do that if we have to, I can see no
drama here," he added.
"Bulgaria's entry into the eurozone will have
no dramatic consequences," the minister said, as cited by 24 Hours
daily.
He pointed out that Bulgaria's economy has been
adjusted to a fixed currency rate in 1997-2000 at times of
cataclysms, fluctuations and problems.
Bulgaria's entry in the eurozone, initially
scheduled for 2010, has been set back for some time around 2012.
Experts say it is conditional on continued fiscal prudence and lower
inflation.
In fact, Bulgaria has yet to join the Exchange
Rate Mechanism, the "waiting room" for euro membership, amid
concerns about its inflation rates and external trade imbalances.
Stricter application of membership criteria has also been a factor
in the delay.
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30% Below Market
Value: High-Quality 2-B/R Apartment in Sunny Beach for EUR
99,000
April 13, 2009
Completely furnished two-bed high-quality apartment in
Sunny Fort complex, Sunny Beach Resort.
The complex has its own
swimming pool, tennis court, bar & restaurant, shops and
children�s playground. 24-hour manned/CCTV security with controlled
access and private parking lots.
The strategic location in
the very centre of Sunny Beach Resort just 230 m from the 6-mile
long white-sand beach makes the complex very attractive for all
tour-operators.
The apartment offers 129.44
m2 area of accommodation and has two bedrooms with
balconies, large living/dining/kitchen with panoramic balcony
overviewing tennis court, two bathrooms and a closet.
The apartment is located on
the top floor and has a substantial rental potential since 2-b/r are
much more sought after in Sunny Beach by all the major
tour-operators.
Distances from the apartment
to:
-
Beach - 230 m
-
Amenities - 0 m
-
Sunny Beach Promenade - 200
m
-
Night Life - 1200 m
-
Burgas International Airport - 18
km
-
Varna International Airport - 90
km
More details and photos of this property are
available here
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*The above information
courtesy of novinite.com and propertiesinbulgaria.com
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