Fri, Sep 03 2010

Preparations begin for Varna's luxury yacht HYPO Bulgaria Boat Show in Varna

Thu, Mar 19 2009 15:23 CET byNick Iliev 2827 Views 5 Comments
Preparations begin for Varna's luxury yacht HYPO Bulgaria Boat Show in Varna

"Most investors are looking for financing for the construction of yachting marinas," said the head of the Yacht Federation in Bulgaria, Stanislav Kasurov. "Major projects for the development of such specialist marinas are currently occurring in Nessebur, Sozopol, Ahtopol, Byala, Tsarevo, Bourgas and other places. The market for luxury yachts is dynamic and I expect its further progression here in Bulgaria during the summer season," said Kasturov.

Purchasing a yacht is an expensive asset, but a healthy one as a long-term investment," according to Kasturov.

Problems surrounding the construction of marinas will be discussed during the conference scheduled to take place in May in Varna, Bulgaria's largest seaside city. Varna will host the HYPO Bulgaria Boat Show 2009, the exhibition being the only such event organised on water, and traditionally the largest such gathering between producers and end clients in the branch.

HYPO Bulgaria Boat Show will be staged between May 21-26 in the Sea Garden in Varna, in the presence of more than 50 yachts, accompanied by premiers and other government leaders from Bulgaria and the region.

Boats will be docked on a total area of 4000 sq m. Yachting BG will present Azimut, which is the main importer in Bulgaria. Baia, an Italian company, will unveil its latest high speed luxury yachts for the second year running. Some of the other participants are Sail Marin, Manira Systems, Cadence, LZ Yachting and others.
 
At the HYPO Bulgaria boat Show 2009, helicopters, sports cars, motor bikes, scooters, diving gear and specialised sports kit will also be featured at specially installed temporary marquees.

Loading...

Comments

Anonymous.....Wed, Jun 17 2009 12:10 CET

This comment has been removed by the moderator because it contained

Anonymous Stanley Tue, Mar 24 2009 16:06 CET
Report Comment

as they say 'the faster you earn it, the faster you spend it'. none of the owners of yachts in Bulgaria has earned its fortune the legal way, so its very easy to spend it sweet
cheers mates!

Anonymous Kyle Mon, Mar 23 2009 23:57 CET
Report Comment

Im sure some of my connections at www.affluence.org are going to be buyers there! I wish them luck1

AnonymousnzlatanovMon, Mar 23 2009 21:54 CET

This comment has been removed by the moderator because it contained

Anonymous nzlatanov Mon, Mar 23 2009 21:54 CET
Report Comment

So with all the fun reasons why one would like to own a boat laid out... Here are some of the reasons to remain boat free...

1. The 2 happiest days in a boat owner's like are the day he/she buys the boat and the day the boat is sold.
2. I bought a new boat that came with a 6 year warranty, but if you are buying a used boat to save money, then you are inheriting someone else's problems
3. My new boat, with the 6 year warranty, made it [...]

 Read the full comment very easy to buy -- 15 years 7.15% interest. What credit crunch?
4. Maintenance is expensive... While any problems will be fixed under warranty, I am still responsible for maintenance.
5. Fuel prices are only going up... Have you ever tried to buy gas on the water? (Take you local land prices and multiple by 40-100%.)
6. You need to register your boat.
7. You need to store your boat.

I decline to state what my monthly costs are, but suffice it is to say that I am not a frugal warrior when it comes to the boat. But for me it is entirely worth it...

Lazy Man and Energy Gal seemed to agree if only because the only thing better than owning a boat, is a friend that owns a boat. LOL

AnonymousnzlatanovMon, Mar 23 2009 21:54 CET

This comment has been removed by the moderator because it contained

Anonymous Mirov. Fri, Mar 20 2009 10:27 CET
Report Comment

Its a financial crises and Bulgarian importer of luxury gods think that it s still possible to sell yachts and other expensive things.. Time to wake up please. A Yacht its the most expensive thing a man can purchase, finance it, after that insure it and then pay the fuel !!! Better to rent one when ever you like to.
Take care from Mr. Mirov

Anonymous Nick Thu, Mar 19 2009 23:18 CET
Report Comment

And the the average Jo would wonder how to pay his bills and put food on the table to feed his kids... I just wish to see the whole crooked citadel collapsing one beautiful day...

"expensive asset, but a healthy one as a long-term investment" The only truth is the first word... "expensive", I doubt it is an asset and definitely not investment with high return. LOL

Write comment

Name:Comment:

Generate new code

Send your comment

By posting a comment, you are deemed to have read and agreed to our
Acceptable Use Policy.

Dolphinarium project in Nessebur on the verge of being scrapped

The town hall of the ancient port town of Nessebur plans to offer a land swap to a company that plans to build a dolphinarium in the old part of the town.

Toughest year for yacht market

Difficult to make sales as debts mount and deals depend on vast discounts.

European funds to clean up Varna's beaches

Varna has applied for two new projects amounting to eight million leva, in addition to the Varna water treatment station, the Vinitsa and Galata drainage networks which will cost more than 50 million leva.

Varna takes bank loans to rehabilitate infrastructure projects

Several projects are underway in Varna, but funding will again be insufficient to build a new drainage and sewerage network in Galata and Vinitsa.

Varna passes 2009 budget, looks to EU for infrastructure funding

The budget spending is seven per cent down from 2008, meaning that the city will seek European Union funds for infrastructure projects

Slovenian chain Mercator to step in Varna in autumn 2009

The retail chain has inked a deal with Varna Towers mall to host one of the first Mercator outlets in Bulgaria

LM office centre will be completed by the end of 2009

The western part of Varna, which has been transformed over the past few years into a modern industrial and business centre, will see the inauguration of yet another large office and retail complex by December 2009.

Yachting fraternity

Yachting is turning from a rediscovered hobby for the privileged few in Bulgaria to a driver of tourism. That is what a number of local businessmen are forecasting. Years of run-of-the-mill tourism have made Bulgaria's Black Sea tourism almost synonymous with low-cost all-inclusive hotel arrangements and cheap-alcohol tourism. There has been repeated criticism that this type of tourism tends to

Yachting championship in Bulgaria

The World Youth Championship in class 470 was opened on the premises of Port Bourgas yacht club on July 22. Competitors earned points for the forthcoming Olympic Games in Beijing. A total of 164 competitors, divided into 82 teams from 21 countries, took part in the championship. They were accommodated in the new building of the club, which was opened especially for the occasion. The event was

Yachting in Bulgaria

At the end of June, the Bulgarian yacht importer Yachting.bg started showing the boats at the port in Sozopol Black Sea resort. The most expensive of them was sold for 3.6 million leva on June 23. One of the yachts Atlantis 55, on sale at 2.25 million leva, was sold to a Bulgarian businessman, and Azimut 43 for 1.4 million leva, to a construction entrepreneur. Yachting.bg is one of the three biggest yachts traders in

BULGARIA TO DEVELOP YACHTING BY RENTING

Bulgaria had great potential to develop yachting, yacht and motor boats producer Sunseeker said. Chartering improvement is a good possibility for Bulgaria to develop yachting as additional tourism service at Bulgaria's Black Sea coast, as few people in Bulgaria could afford yachts. Croatia successfully benefits from chartered yachts. More than 2000 yachts of all types are offered for rent in the country for various

More in this category

Bulgaria presses ahead with plan to put ceilings on taxi fares

Against a background of numerous complaints about exorbitant fares charged by some taxi firms, Bulgaria’s Cabinet has asked Parliament to approve legislation that would empower local authorities to set limits on taxi tariffs – a move that already has come in for criticism from the competition watchdog.

New unit to speed absorption of EU funds in Bulgaria

Between 160 and 180 people will be employed as 'EU funds management associates' and will be paid up to 2500 leva a month out of the technical assistance budget of the respective programme.

Cabinet votes 420 000 leva to restore church ‘holding John the Baptist relics’

Interest among tourists who come to venerate the relics cited as justification for the spending.

Bulgaria pushes new multi-million leva programme for first-grade education

First-graders will spend all day at school, in a 7.5 million leva programme approved on September 1 2010 by the Cabinet.

Bulgaria faces fresh loss of 543 million euro of Ispa aid

'There is a real threat that a significant portion of the Ispa-financed projects may not be completed by December 31 2010 and have therefore been identified as risky, a new government report says.

© 2000-2010, Sofia Echo Media Ltd.

Web Design by RIZN

Sofia Echo Media is part of the Economedia Group.
The news and information content on this website is provided by our editorial team and is copyrighted. Any unauthorised reproduction or use of it is strictly forbidden. Reproduction of this website's content is permitted only with prior written permission from the Editor-in-Chief, should be propertly acredited and provide an active link back to our site. Comments posted by the website's visitors are independent of the editorial materials and do not represent the views of sofiaecho.com. Sofia Echo Media cannot be held responsible for the statements contained in visitor comments. The percentаge change in the shares' prices are based on the price of the last transaction of the current session compared to the price of the last transaction of the previous session. Bulgarian Stock Exchange data is not real-time, but updated every 15 minutes, and should not be used as a basis for decisions about buying or selling stock options.