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Bulgarian Property & Real Estate News

New Escalator in Borovets Ski resort

For the new season visitors to Borovets ski resort will be transported by a new escalator to the main gondola lift of the ski resort. The escalator cost 200,000 euro and is 190 m long, the longest in Europe and the second longest in the world. The other innovation is a new ski-kindergarten in Borovets ski resort. It is equipped with two escalators for children and a lot of rubber toys for ski classes. The ski kindergarten project is worth 150,000 euro. Specially trained ski instructors will teach children to ski from 10 AM to 4 PM each day.

Source: Standart News

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There is still time to profit from property in Bulgaria

The first investments in Bulgarian property were long before the country even thought about joining the European union. Now that EU accession is on the way next year does that mean and Bulgarian properties are no longer good investments. Not so say leading investment brokers. In fact in their opinion the advantages brought about by joining the EU are only starting to be felt in the Bulgaria property market.

The early speculators are gone but now they are replaced by more experienced and long term buyers. Property in Bulgaria is now considered a safe investment for the medium to long term with excellent capital appreciation and rental yields. Of course the market boomed in the run up to EU membership but there are still plenty of opportunities for the careful buyer who does their homework. Read more…

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Bulgarian properties still attracting foreign investors

Bulgaria will become a member of the EU in January 2007 and is fast becoming the main tourist center on the Balkans. Helped by European funds the government has focused on improving the infrastructure and boosting economic activity in the country. This has resulting in a boom for Bulgarian properties investment.  The market is boosting by the major tourism potential in the country. The country is now the number 3 holiday destination for UK tourists with only France and Spain being more popular. As a result of the strongly increasing prices, buying Bulgarian properties is recommended as one of the top property investments at the moment.  Bulgarian property prices rose by almost 40% last year and this is expected to continue after accession to the EU as a result of the better legal framework and rules brought about by joining the EU. Whether looking for a holiday home or an investment property there is still time to get your hand on a cheap Bulgarian property.

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New opportunies in the Bulgarian property market

New opportunties in the market for vacation property in Bulgaria were to be expected, agents said during the Southeast European economic forum that began on October 31. Demand for vacation property in Bulgaria, especially in the central parts of the country was going to increase, mediapool.bg reported. The demand would be highest in villages known for spa treatment opportunities. Hisarya, Velingrad and Sandanski could soon become new vacation property hotspots, mediapool.bg reported. The State Agency for Tourism (SAT) was going to aid developments increasing the popularity of Bulgaria’s alternative tourism. Bulgaria ranked second after Iceland in the availability of mineral water springs and had to make use of this potential, SAT representatives said. Lack of proper infrastructure in these villages hindered the development of tourism options and the Bulgarian property market, mediapool.bg reported.

Source: Sofia Echo

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If you are looking for Bulgarian real estate or off plan property in Borovets look no further than Concept Bulgaria.
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