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Bulgaria, Burgas
39, Kirill & Metodiy Str.
bulgproperty.com
Phones:
+359 8888-42-452
E-mail:
bulgproperty@abv.bg
info@bulgproperty.com
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Contrary to recent rumours that the Bulgarian real estate market is not so attractive to foreign investors any more, Andrew Regan, a Scottish online freelance author, comments that the Bulgarian property boom shows no signs of abating.
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Investors are particularly interested in Bulgaria, as it is believed that EU money will be spent on improving the country's infrastructure. Bulgaria has seen a great deal of political reform since the Communist era, and the government has shown solid commitment to economic improvements, with GDP growth the highest in Eastern Europe.
Economic growth has also caused a vast escalation in land values, which have risen from just 20 euro a square meter to around 350 euro in some areas. The prospect of high profits has lured many individual and business investors from Britain, Ireland and Russia to buy ski and beach chalets, which can be purchased for a fraction of the price of similar properties in more traditional holiday areas such as France, Spain, Austria and Switzerland.
The high price of UK properties and the recent rises in interest rates have also led UK investors to widen their search for better real estate deals. Bulgaria continues to excite investors as it is an emerging market that offers property at prices that are unobtainable in other parts of the world. It is still possible to pick up property for as little as 30 000 euros, a sum which would buy little more than a garage in the UK.
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Saint Vlas
History: The village of Sveti Vlas (St. Vlas) is believed to have been founded by the Thracian tribe of Larisi in the 2nd century BC. At that time, it reportedly bore the name of Larisa. It was renamed "Sveti Vlas" in the 14th century AC after the patron saint of cattle growers and merchants. During Ottoman rule (late 14th-19th century AC), the village appeared in administrative registrars as "Manastir" ("Monastery") or "Kyuchuk Manastir" after the five monasteries in the vicinity of the village. Unfortunately, none of the monasteries has been preserved up to present days. Officially, it restored its name of Sveti Vlas after the reunification of the Bulgarian state in 1886.
Location: The Sveti Vlas (St.Vlas) village has about 3,000 inhabitants and is situated just 4 km to the north of Sunny Beach resort and 9 km away from the town of Nessebar. It lies in the skirts of the Stara Planina mountain (also called the Balkan mountain) and thus offers a beautiful combination of sea and mountain climate, considered favourable for those suffering from lung diseases. The adjacent beaches are of a total length of about 1km and average width of 16 metres. Besides the village"s central beach, there is also a smaller one (the so-called "Campinga" after the campsite there), stretching from the Sun Palace complex to the Riviera complex. The eastern end of the village"s adjacent coastal line hosts the small port of local fishermen.
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