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A settler from Scotland, who for several years now lives in Veliko Turnovo, decided to open a flamenco school. Brigit Prince, a namesake of the famous pop idol, decided to leave Scotland and settled in Bulgaria where she intends to teach her new fellow countrymen to the fiery Spanish dance. Together with her husband, who is an artist, and another friendly family she hired a community center in Bulgaria's ancient capital. Apart from flamenco course, they are planning unconventional theater performances, drama classes, shows of forgotten Bulgarian movies, etc.

From 2007 another sixteen municipalities in Bulgaria will become very attractive investment-wise, thanks to a 100% profit tax relief. The Finance Ministry has proposed this step through the new Corporate Tax Bill. It has been approved by the Budgetary Committee and will soon be discussed in the plenary hall. So far 112 Bulgarian municipalities with high unemployment have enjoyed this significant preference. The new 16 tax paradise municipalities will include the towns of Vidin, Kozloduy and Kula, Northwestern Bulgaria.

Sale prices of high street shops under construction in the capital Sofia go as high as 3000 EUR/m2, according to data of local real estate sites.
Offers are abundant in the districts of Lozenets, Student's town and Lyulin, which witness a boom in construction works.

It appears that nothing can spoil the interest of UK holidaymakers towards Bulgaria, as their number continues to grow despite the recent terrorist threat on London.
The sudden critical circumstances resulting from the terrorist threat against the UK and the US have not caused any cancellations of UK package tourist bookings for Bulgaria, Balkan Holidays executive director Antoaneta Todorova said on August 11, quoted by the press office of the National Tourism Board (NTB).

Eastern Europe's biggest ski resort (40km), Borovets suffers from many of the usual complaints about this finance-friendly region. Most commonly associated with budget-conscious skiers and beginners, Borovets has an excellent ski school, a fine snow record, cheap prices (especially for beer and spirits), lovely scenery - and it's only 90 minutes from Sofia.

If Bulgaria were a dangerous place, would so many British citizens invest in real estates and settle in Bulgaria, Prime Minister Sergey Stanishev asked in Brussels

The majority of demand for Bulgarian property currently originates from investors in overseas property from the UK and Ireland, according to an international real estate company.A market overview by the company found that the interest in Bulgarian property from these investors has supported significant developments in recent years, both in mountain and coastal resort areas.

Cities, particularly those in soon-to-be EU member states, are rapidly emerging as the safest bets. As multinational companies look for cost-effective locations for headquarters or major distribution outlets, central and eastern European cities often bag the business and are inundated with workers after temporary or semi-permanent accommodation. So much so that often demand outstrips supply.

Sofia house prices ‘stabilised’ during the first half of 2006, the international estate agent partnership Colliers International has reported. Its latest Residential Market Overview, said prices increased only marginally in the last six months compared to previous years, with supply exceeding demand.Soifia’s Ivan Vazov neighbourhood is emerging as the second most expensive location in Sofia after constant favourite Doctor’s Garden. The average asking prices in Doctor’s Garden reached £1,150 per square metre in the first six months of 2006, followed by the Ivan Vazov area with prices averaging £900 per square metre, and Lozenetz at £663.

A square meter of farmland near Albena seaside resort has reached a record price of 100 euro/sqm, especially in the vicinity of Rogachevo, a village just 3 km away from the posh resort, realtors say. The bids are getting higher because affluent Russians, Britons, Romanians and Dutch show interest in buying land plots for villas. Some are planning to build holiday villages for the rich in the region. Only a few years ago land near the village sold at a ridiculously low price, some 7 USD/sqm. A large-scale project for a new resort complex called "Paradise" has also sent the prices up. The VIP complex will be built over 9,2 ha to the southeast of Rogachevo.