Bulgaria named as the top 10 Retirement destination by Americans

Bulgaria has been named as one of the top ten low cost retirement destinations by the prestige international online news agency GlobalPost. GlobalPost have put together a list of some of the best places to settle down when American pensioners need to make their dollar last. The

Discovered relics of John the Baptist in Sozopol

Relics of St. John the Baptist (John) appear in reliquary, opened four days ago on the island of St. Ivan near Sozopol, establish a committee of scientists . The archaeological findings  are consisting of part of hand, facial fractures, heel and a tooth. The

Lighthouse Golf Resort secures funding for completion

In an official press release, circulated today, Lighthouse Golf Resort announced they have secured funding for the completion of the last stage of the 5-star golf development, near Cape Kaliakra. “There has been in recent times some intense speculation about Lighthouse

Mortgage interest rates drop to 8.5% in Leva and 7.5% in Euro

The number of mortgages to be lent by banks in 2010 will increase and will surpass those in 2009 by 20 – 25%. Interest rates will also follow the decreasing trend, that started towards the end of 2009, with a drop between 0.5 and 1%, with some leva mortgages even reaching

World’s tallest building officially opened

On 04 January 2010 in a spectacular ceremony the world’s tallest building – the Burj Dubai skyscraper, was officially opened. The tower was constructed in the middle of the new “Downtown Burj Dubai” trade center and now bears the name “Burj

Bourgas airport will perform flights to Moscow in the winter

Bourgas Airport will perform flights to Moscow during the winter, reported BTA.The line will be serviced by the Russian airline company Yamal Airlines. Until now it is decided flights to be available till the end of 2009. The aircrafts will fly once a week - on Sunday, and will

More than 5 million leva are invested in Pamporovo

More than 5 million leva are the new investments in Pamporovo, announced at a workshop on the status, prospects and opportunities of the resort, the Executive Director of Pamporovo AD Tsvetelina Borislavova reported BTA.The funds are invested in optimization of the ski slopes,

The construction of one of the largest commercial and office centers in Southeastern Europe - Serdika Center reached its peak. On October 8, investors start "Sparkassen Immobilien" AG and ECE Projektmanagement celebrated the completion of rough construction (roof).

Growth of property investments in July and August

Investments in real estate in CEE for July and August reached 458 million euro, as 17 deals were concluded during the period, according to CB Richard Ellis.With this volume of investment in the region since the beginning of the year reached 936 million, 96 percent of all

More than 3 million tourists have visited Nesebar since the beginning of 2009

Since the beginning of 2009 to August 31 in Nessebar are resting 3.2 million tourists, said the mayor Nikolai Dimitrov.In 2008 over 100 000 tourists visited the Archaeological Museum, the Church of St. Stephen and St. Spas and the Ethnographic Museum in the old town of

Bulgaria with the highest growth rate in malls

For the first 6 months in Western Europe, Italy recorded the highest volume of new space with 18 new business centers with total area of just over 370 thousand square meters, but Bulgaria has the highest percentage growth of new shopping centers - 33%.Given that all construction

New airline is to be opened from Varna to Moscow

Airport Varna opens a new airline to Moscow. Flights of the Russian airline company Syberia Airlines will start in October.The purpose of the new airline is to help Russian people who own properties in Varna and to attract gambling fans from Russia.Flights from Moscow to Varna