News

Elemag, the Bulgarian supermarket chain operator, will branch out of the capital Sofia, said the company's executive director Bozhidar Petrakiev in the sidelines of the Construction and Investment Forum underway in Sofia.

Over 10% of the demand for new residential properties in Bulgaria is speculative, developers said in the sidelines of the Construction and Investment Forum underway in Sofia.

Anyone who has bought property in Bulgaria will tell you that the prices are so low, it is impossible to lose, Matthew Brunwasser wrote in an article for International Herald Tribune.

Sofia and the country’s winter resorts were among the most preferred destinations for foreign tourists during wintertime, data from the National Statistical Institute (NSI) presented on May 23 showed. Sofia attracted the interest of the largest number of foreigners who came to Bulgaria in the first three months of 2006.

Bulgaria's diplomatic mission in Berlin now boasts a large billboard promoting the Black Sea country's tourism, reports said Monday.

The ecotourism sector in Bulgaria will face increased foreign tourist interest this summer season. Close to 30 groups of Spanish and French tourists have already booked summer vacations in the Vrachanski Balkan Nature Park.

Bansko, in the Pirin Mountains in south-western Bulgaria, has opened more than 150 accommodation buildings since December last year, local authorities announced during the launch of the summer tourism season on May 22. The list of tourist facilities includes large and medium-sized hotels and small guest houses, as well as residential buildings sold as second homes or investment apartments mainly to foreigners. The town offers more than 7000 beds to tourists at present and a number of other hotels and guest houses are found in the nearby towns and villages.

Tour operator First Choice plans to increase 10 times the number of Bansko ski holidays sold on the British market for the '06-'07 winter season, said the company's local representative Bogdan Hristov. Around 350 Britons booked skiing vacations in Bansko last season. The First Choice catalogue includes 5 hotels in Bansko and one in the nearby city of Razlog. Bansko is market as a skiing destination in Britain also by Balkan Holidays-London, Thomson and Thomas Cook.

 Bulgaria and Greece will pool efforts together to bring the ancient Thracian sanctuary of Perperikon to new life.

24 Chassa published a survey ranking Bulgarian regions based on the property demand. Sozopol offers over 400 plots for hotel construction and prices vary from 20 to 150 euro a sq m.