Revenues from tourism in Bulgaria for the first two months of 2009 were EUR 86.2 million, which is a slump by 9.1%, Aneliya Krushkova, chairperson of State Agency for Tourism, announced. Bulgarians that travelled abroad were by 21.9% less. They exported EUR 108 million and imported EUR 86.2 million. From all foreigners that visited the country, 67.9% were from European Union, the highest number being Greeks, Romanians, and Englishmen. >

We have completed the installation furnishing of three complete furnishing packages in Capitol Residence, Buxton Suites and South Park in Sofia. All three of the apartaments are ready to be rented and marketing for those will be launched from next week onwards.

We have signed up five new property management contracts and taken on five new apartments for rentals in Sunny Beach, Lozenets, Golden Sands and Nessebur.

We have sold seven different packages in Bansko during the last week. We will be furnishing two apartments in St. George Ski & Spa Resort, Bansko as well as five more apartments in White Oaks, Demiyanitza, White Peaks, Aspen Gold and Aspen Suites in Razlog.

Construction of new residential real estate has fallen drastically, according to data released by the National Statistics Institute (NSI), published on June 3. > The data unveils that in the first quarter of 2009, the decrease in construction amounts to 42.8 per cent, as opposed to the fourth quarter of 2008, and is 12.9 per cent lower than the first quarter of 2008. A total of 3897 new flats in  [ Read More ]