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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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The Region of Kyustendil is situated in the South-Western part of Bulgaria, extends over an area of 3084,30 sq.km. (constituting 2,7% of the total territory of the Republic of Bulgaria), and has a population of 173 889. It borders the Regions of Sofia, Pernik and Blagoevgrad, while to the west, its limits coincide with the state borders between Bulgaria and the FYROM, and Bulgaria and the Republic of Sarbia. The administrative, commercial and cultural center of the Region is Kyustendil. The region
features diverse surface relief - fertile valleys and canyons, separated by hillocks and mountains. The northern and western parts of the territory form the so-called "Kyustendilsko kraishte" (Kyustendil Cornerland), and include parts of the cross-border Milevska, Chudinska, Zemenska and - to the east - Konyavska mountains. To the south, the Kyustendilsko kraishte reaches as far as the valleys of the Dragovishtitsa and Bistritsa rivers, as well as the Lisets mountain. The southern part of the region includes massifs of the Osogovo, Vlahina and North-Western Rila mountains, embracing the Kamenitsa, Kyustendil and Dupnitsa lowerlands.
Kyustendil Кюстендил - 1912 yr.
The region abunds with granites, clays, fossils, and ores. Polymetal ores are excavated in Osogovo; brown coals in the famous Bobov dol mines. Clays deposits are located at the villages of Chetirtsi, Yahinovo and Dragovishtitsa. The region, however, is most famous for its numerous mineral water springs: hot mineral water springs in Kyustendil, Sapareva banya, the villages of Nevestino and Chetirtsi. A marvel of nature, found in the region are the Stobski piramidi (Stob pyramids).
For the most part, the climate is trans-continental, but at higher altitudes it is mountainous. The main drainage river is the Struma whose subsidiaries are the Treklyanska, Dragovishtitsa, Bistritsa, Slokoshtitsa, Novoselska, Dzherman and Rila rivers. Subterran waters level is relatively high. Near the village of Kamenichka Skakavitsa, the Golemi dol river forms a 70-meter-high waterfall. The Dyakovo, Bersin, Drenov dol and Bagrentsi artificial lakes (dams) are chiefly used for irrigation purposes. Soil composition is most favorable for the traditionally-developed fruit-growing.
Forest vegetation is mostly deciduous, although coniferous forests are also present. In the Gabra natural reservation (area: 89,5 metric hektars) houses the last remaining black-pine trees.
Kyustendil 1930 yr.
The Region of Kyustendil includes 9 municipalities: Kyustendil, Dupnitsa, Bobov dol, Sapareva banya, Rila, Kocherinovo, Nevestino, Boboshevo, Treklyano with a total of 182 settlements. The regional administrative center is the town of Kyustendil situated in its Southwestern part: the Kyustendil lowerland. The town also serves as the administrative center of the municipality of Kyustendil
(with an area of 923 sq.km., this Municipality represents 30,2% of the total territory of the Region), with a population of 73 346, of whom 51 300 are residents of the town area. Four main transport routes pass through Kyustendil: from the FYROM on the Skopie-Sofia high-way; from the FRY on the Nish-Bosilegrad-Kyustendil high-way; through Dupnitsa and Kyustendil passes the oldest commercial road that for centuries has linked Constantinople and the Adriatic Sea. Kyustendil has managed to preserve is historical, ecological and cultural heritage. It is a contemporary Bulgarian administrative center, whose future is mostly seen in the development of cultural tourism, and modern rehabilitation resort centers
by the hot mineral water springs.
