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Bulgaria launching tourist campaign
The Bulgarian Ministry of Economy is launching a new international campaign to attract more tourists to the nation.
It will begin next month and will see Euronews, National Geographic Channel, Discovery Channel and Eurosport airing advertisements about Bulgaria, reports the Sofia Echo.
The clips will be aired 3,166 times in total between September 6th and December 26th and from January 31st until March 27th 2011.
It is estimated that some 608 million European households will see the adverts, ...
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Date: 2010-08-27 21:00:00 | Source: PropertyShowrooms.com
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Construction in Bulgaria 'on the road to recovery'
The number of construction permits issued in Bulgaria increased in the second quarter of 2010, compared to the first three months of the year, according to figures from the National Statistics Institute.
In news which may interest those looking for property in Burgas or homes for sale in Blagoevgrad, the data highlights that 1,441 residential permits were issued between April and June 2010 for a total of 3,933 apartments, reports the Novinite.
This represents increases of 46 per cent and 41 pe...
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Date: 2010-08-23 21:00:00 | Source: PropertyShowrooms.com
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Property sales continue to fall in Bulgaria
The number of property sales taking place in Bulgaria continued to fall in the second quarter of this year.
According to Balkans.com, however, the fall in residential sales was negligible - good news for investors with property in the country.
Sales actually dropped by 0.8 per cent during the three months to the end of June.
This rate of decline is a marked improvement on the 2.3 per cent fall witnessed in the first quarter of the year.
The slowing decline of investment property sales in Bul...
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Date: 2010-08-20 21:00:00 | Source: PropertyShowrooms.com
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Sofia airport attracts 12% more passengers
Sofia International Airport in Bulgaria saw an increase in passenger numbers in July, with 12 per cent more people travelling through it compared to the same month last year.
Some 327,100 passengers travelled via the airport, which also marks a ten per cent increase compared to July 2008, suggesting that the region's tourism industry is going strong, which is good news for anyone with Sofiya property.
The number of flights taking off from the airport also increased, with 4,353 flights being re...
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Date: 2010-08-17 21:00:00 | Source: PropertyShowrooms.com
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Ryanair flights to Bulgaria confirmed
Budget airline Ryanair has confirmed that it will be commencing flights between London Stansted airport and Plovdiv in Bulgaria from November this year.
It will be the first time Ryanair has operated flights to Bulgaria from Stansted.
The announcement will come as good news to anyone considering property investment in Bulgaria as it could help boost tourism to the country.
Flights will run between the two cities twice weekly and it has been forecast that if the route is successful, over 200,0...
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Date: 2010-08-05 21:00:00 | Source: PropertyShowrooms.com
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Bulgaria property prices down by 0.8%
Consumers looking to find property in Bulgaria may choose to take advantage of falling property prices in the East European country.
House prices fell during the second quarter of 2010 by an average of 0.8 per cent compared to Q1, reported Property Wire.
According to the National Statistical Institute (NSI), 13 Bulgarian towns and cities saw a decline in their housing markets, most notably in Gabrovo where prices were down 8.3 per cent between April and June 2010.
Despite the drop in market v...
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Date: 2010-08-03 21:00:00 | Source: PropertyShowrooms.com
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Investors eye European commercial real estate
Interest in European commercial real estate has been attracting a great deal of interest from potential investors in the second quarter of 2010, new figures show.
According to the latest data from CB Richard Ellis, there has been a 15 per cent rise in comparison to the first three months of the year, taking the total commercial real estate turnover for the period to EUR23.5 billion.
The rise comes in spite of a number of external factors which are likely to have a large impact on the economies...
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Date: 2010-07-18 21:00:00 | Source: PropertyShowrooms.com
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More home loans available to Bulgarian property investors
Real estate investors are set to be lured back to Bulgaria after it was revealed that more loans will be made available to buyers.
Following the departure of many purchasers at the height of the global economic crisis, banks are now targeting potential buyers to tempt them back to the country.
However, rather than British investors returning in their flocks, a large number of Russian buyers are now capitalising on the current market conditions.
"The great demand for real estate, which in...
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Date: 2010-07-15 21:00:00 | Source: PropertyShowrooms.com
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Property prices in Bulgaria pushed down by oversupply study
According to the latest report by property consultants Cushman amp;Wakefield, commercial property in Europe has shown growth in demand in the first quarter, particularly among foreign players, thanks to quot;improving debt market sentiment, increased interest in larger lot sizes and by a spreading of interest to new areas quot;.
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Date: 2010-05-12 21:00:00 | Source: Propertywisebulgaria.com
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