Buying property in Morocco is becoming increasingly popular with overseas investors as more people realize what Morocco can offer them. One such offer is high quality developments being constructed at bargain prices. Many of the properties are aimed at the luxury market and they have been fitted with exceptional features and facilities. This is all helping Morocco to become famous as the foremost destination for buying investment properties. Morocco is  [ Read More ]

Greek farmers started to pull their tractors back from the main border crossing with Bulgaria Wednesday, ending their 30-day blockade in demand of government aid, Bulgarian border police said. Regional border police commissioner Todor Georgiev told state BTA news agency that the Kulata-Promahonas border checkpoint in southwestern Bulgaria was now open. Protesters were expected to fully clear the road on the Greek side later Wednesday, Georgiev was cited as saying.  [ Read More ]

Bulgaria’s ski resort of Pamporovo will host the ski and snowboard Pamporovo Freestyle Open competition. The event will take place from February 19 to 21. Competitors from Bulgaria, Macedonia, Greece, Austria and Serbia are going to participate in the freestyle competition. The most exciting part of the competition will take place on February 20 when some of the most famous freestyle skiers and snowboarders will demonstrate their skills. Tourists will  [ Read More ]

The real estate agency’s register a considerable stir on the ski property market in Bansko. The average price of the apartments sold in January 2010 is 38,000 Euro, as it is the same as in December 2009. The decrease on an annual basis – in 2009 compared to 2008 when the average price was 66,000 Euro – is 41%. “With prices starting from 650 Euro/sq.m. more and more Bulgarians use  [ Read More ]

Figures released recently by DEPF confirm the suspicions of observers of the Moroccan economy. Could it be that the country did not succumb to the crisis because it steered clear of the excessive financialization of its economy: A fundamental misstep that Western economies, particularly the U.S., paid heavily for? It could also be because the 2009 harvest was particularly good. In fact, Morocco experienced a significant economic growth, driven by  [ Read More ]

The gambling industry should be included in the general portfolio of tourist services offered in Bulgaria, according to a proposal by the Bulgarian Gaming Industry Manufacturers and Operators Trade Association. The group has called on the government to draft a long-term development strategy for the gambling industry, which should progress in lockstep with tourism. “Gambling tourism is still not very popular in Bulgaria although the country offers good opportunities,” Nadya  [ Read More ]

Bulgaria is to be presented at the International Mediterranean Tourism Market (IMTM) 2010 in Israel’s Tel Aviv Tuesday and Wednesday.Bulgaria Presented at Tel Aviv IMTM 2010 Tourism Expo Its participation in the oldest tourism expo in the Eastern Mediterranean is led by Bulgarian Deputy Economy Minister in charge of tourism, Ivo Marinov. The Economy Ministry is presenting Bulgaria as a year-round destination including winter and summer tourism, as well as  [ Read More ]

Our records show that all our properties were almost fully occupied last weekend for Valentine’s Day. The average occupancy rate was 90%, which is very high for this time of the year. The number of guests has increased by 30% compared to last year. Most foreign tourists were coming from Turkey, Serbia and Greece.

Temperatures will fall to -10 degrees Celsius in some inland areas on Thursday night There is snow on the beach in Spain. Polar air has crossed the country sending temperatures plummeting and seeing snow settling on the Zurriola beach in San Sebastian. Temperatures on Thursday night are forecast to fall to -10ºC in some areas, and the Spanish Meteorological Agency has put 29 provinces across the country on alert for  [ Read More ]

Spain has still not been able to emerge from the clutches of the global meltdown, a suggested by the preliminary official data on Thursday. Reports from the national statistics agency INE have also confirmed that the Spanish economy receded by a further 0.1% in the last quarter of the previous year, which brought the overall fall in GDP for the year 2009 to 3.6%, a figure which is the largest  [ Read More ]