top destinations for ski properties due to factors such as
the low property prices and inexpensive ski passes.
"During the summer this sparsely populated, largely rural
country offers a wealth of activities such as hiking,
fishing and mountain biking, as well as the fabulous
beaches of the Black Sea coast
Properties in the popular ski resorts
The number of UK holidaymakers visiting Bulgaria increased
by a staggering 36% in the past year. This has lead to an
influx of travel companies as the country is now
establishing itself as a true holiday hotspot.
* * *
UK Househunters "Tempted" by Bulgaria, Turkey
Rather than buying a farmhouse in France or an apartment
on the Costa Del Sol, the Daily Telegraph reports that
British investors are now tempted to buy properties in
Bulgaria and Turkey.
A key factor in determining the new location in which to
invest is price and investors have been experiencing
enormous returns. For example, a large one-bedroom flat in
Ravda, 10 minutes from the Black Sea resort of Sunny Beach
purchased two and a half years ago for just under 20,000
pounds fully furnished, would now cost 45,000 pounds.
Marc Todd of Dosop, an international property company
based in West London
This has led to the announcement that construction permits
for new developments in Black Sea coastal areas will be
issued only of the required infrastructure has been built.
* * *
Low-Cost Wizz Air Launches New Routes from Sofia, Burgas
On May 1 2006 low cost carrier Wizz Air will launch
flights from Sofia and the coastal city of Burgas to
London. They have also announced that flights from Burgas
to Budapest will commence on June 15 2006.
A promotional offer has begun with ticket prices set at up
to EUR 26.99 (airport fees included). The offer is open to
bookings made from February 1 -14, 2006.
Wizz Air has also recently announced the launch of
services from Split (Croatia) and Ljubljana
Wizz Air, the first no-frills carrier to enter the
Bulgarian market, has carried 17,000 passengers since it
started flights from the Bulgarian capital at the end of
September 2005. . The numerous historic towns, unspoilt
villages, castles and churches are also waiting to be
explored." can earn up to 12% rental return according to
property investment firm Assetz. This return is
potentially double that of coastal properties due to their
all year-round attraction. , raises the corcern that some
of overdevelopment in the big resorts such as Sunny Beach
and suggests that there is a large supply of less
desireable properties coming on the market. (Slovenia) and
increased frequency of the Zagreb-London (Luton) flights.
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