Eastern Europe Property

The National Agency “Bulgarian Real Estates” LTD is a serious, quickly developing company, where a team of young, ambitious and highly qualified specialists work.

It has an advanced network of offices all over the country and works professionally with a number of agencies, offering intermediary services in various regions of the country.

As a National Agency, it has branches in all regions in Bulgaria and offers real estates everywhere in the country, which can meet the individual requirements of each client. The Company works with over 8000 properties located in various regions. The working personnel of qualified specialist – brokers, building engineers, architects, lawyers, translators, etc, provides legal security of the sale-buy procedure or other types of deals – renting a property, letting out a property, reconstruction or other kinds of services, related to the real estates.

The partnership of the company with “Property Management” LTD is essential.

This is a company operating in the service supply sector of our economics, and it is related to mainly providing services to companies owning real estates in Bulgaria, and a number of other activities, concerning the clients and their property. The services provided by “Property Management” LTD are:

1. Administration and accountancy of companies-owners of Bulgarian real estates.

2. Insurance of real estates – buildings, land, furniture, facilities, personal properties of tourists, accommodated in the estates during their stay in the country.

3. Repair and reconstruction of buildings, their bringing to a status that matches the specific requirements of the owners or to a good condition to be let out, in accordance with the standards of the relevant type of residential properties.

4. Furnishing of houses, apartments and buildings by request and on clients’ account as the company works with leading companies for interior design and can ensure the preferences of the most requiring customers.

5. Yearly maintenance of houses, apartments, plots of lands, common parts and etc. in accordance with the desires and requirements of their owners.

6. Security of the properties in all places of the country with alarm system or a guard, depending on the client’s requirements.

7. Letting out of apartments and houses in attractive tourist or other good for recreation regions and matching the particular standards of the company, with which we guarantee the pleasant visit of the guests accommodated in such properties.

8. Selling of properties of our clients for whose property we manage and trade with them is an easy and profitable process.

Except all mentioned above, the company can offer you a beneficial business plan for investing in Bulgaria, respectively offering you a particular property to purchase, and help and cooperation in issuing all the necessary documentation for projecting and building on the territory of Bulgaria, as well as assist you in the building process, the furnishing, the categorization, the management and letting out of the property. This is one of the optimal alternatives for return of investments in Bulgaria and a number of foreign clients are already generating profits from their newly built properties in our country.

www.bulgarianrealestate.net

German concern TUI, Europe’s largest travel company, has placed Bulgaria in its Top 10 of summer holiday hotspots.

Bulgaria is placed on the tenth position in the prestigious TUI ranking for top priority summer 2006 destinations, Romanian newspaper Cotidianul reports.

A spokesman from the German concern explained that Bulgaria is the hottest destination from the countries from Eastern Europe as over the last years it has considerably developed its hotels and infrastructure. The main reason for the tourists to chose Bulgaria is the great development of that destination.

TUI has not included Romania in its list, Cotidianul points out. As main drawback for Romania as tourism destination is pointed out the lack of hotels and the poor infrastructure compared to Bulgaria.

Greece, Egypt, Turkey, UK, Germany are also among the top ten destinations of TUI.

Despite the fact that Spain is blessed with more than a generous amount of beaches, Bulgaria’s seaside has obviously impressed the Spaniards and they are rushing for apartments in the north near Kavarna, media reported.

Kavarna and the nearby villages are about to see constructions that are worth millions, local technical chief Desislav Kostov has told Standart daily newspaper. Both Spanish and Danish nationals express wide interest in Bulgaria’s marvelous seaside.

A Spanish company is launching the construction of a block of apartments near Cape Chirakman as late as September, but eighty percent of the space has already been snatched by eager Spaniards. “We are looking at an investment of about EUR 15 M” Kostov said.

Danes are not lagging behind, as they have a whole resort planned in the Ikantalaka area, between Balchik and Kavarna. The investor has coughed up EUR 150 per square meter for a parcel at the picturesque site.

Even Bulgaria’s utmost north and coldest seaside spots have not been overlooked, for foreigners have already started buying there as well.

And to add to all the excitement, apart from the fine sand and great views, those buying spots at Kavarna will get an added extra – the Monsters of Rock festival that takes place there every summer, gathering some of the brightest names on the musical scene.

Bulgaria ’s travel and tourism sector is expected to grow 6.3 % in 2006 and by 4.3 % per annum, in real terms, between 2007 and 2016, a survey of World Travel and Tourism Council (WTTC) shows.

According to the survey tourism in Bulgaria in 2006 will generate USD 6725.6 million of economic activity. Bulgaria’s travel and Tourism economy (direct and indirect impact) in 2006 is expected to account for 16 % of GDP and 400 000 jobs (13.6 % of total employment).

These figures place Bulgaria on the 68th position in absolute size worldwide from a total of 174 countries represented in the survey and on the 43rd place in Relative Contribution to national economies.

Travel and tourism in the Central and Eastern Europe in 2006 is expected to generate USD 244,631.3 B of economic activity. The Central and Eastern Europe travel and tourism is expected to grow 5.9 % in 2005 and by 5.8 % per annum, in real terms, between 2007 and 2016.

Each year the World Travel & Tourism Council, together with its research partner Oxford Economic Forecasting, produces comprehensive reports that quantify and forecast the economic impact of Travel & Tourism for 174 economies and the world.

WTTC’s mission is to raise awareness of the full economic impact of the world’s largest generator of wealth and jobs – Travel & Tourism.

The town of Avren at Bulgaria’s seaside has seen an incredible rush of foreign property buyers, mayor Krasimir Todorov said Sunday.

Over 400 foreigners have already purchased properties in the municipality that is located near Varna. In the past couple of months only, about 70 estates have been sold, the mayor boosts.

Mostly Brits and Irish nationals prefer to have their own piece of seaside heaven in the town, but France and other EU nations also have their representatives. Seven British children even study in the local school, and a fellow countrywoman of theirs teaches Bulgarians English there.

The Avren municipality includes 17 settlements, including a town by the same name. It is known for its astronomical observatory where local stargazers often do research.