HOLIDAY PROPERTY IN BULGARIA'S VELIKO TURNOVO AMONG THE LEAST EXPENSIVE IN THE WORLD

18:45 Wed 01 Aug 2007

The Bulgarian town of Veliko Turnovo has been included in a ranking compiled by UK newspaper The Independent of the most favourable holiday property markets.

Property near Veliko Turnovo can be bought for 20 000 to 100 000 pounds sterling. Unlike Bansko and Black Sea towns, Veliko Turnovo has not been hit by excessive construction, and had beautiful natural scenery and authentic villages, the newspaper said, as quoted by investor.bg.

The report said that prices of family houses varied between 5000 pounds for a small bungalow to 20 000 pounds for a small house needing repairs, to 70 000 and 120 000 pounds for a large family house in a good condition with land.

Countries nearby Bulgaria, including Croatia, Montenegro and Turkey were also included in the newspaper’s selection.

Montenegro’s natural attractions, especially near the sea, draw tourists for longer periods. This was why property prices in the region were high. However, potential buyers could find cheaper houses in the central regions of the country.

European countries included in the selection were Italy, Spain, France and Portugal.

Comments

Comments by nobody - 12:35 08 Aug 2007
	HEHEHEHEH. Veliko Tarnovo is beautiful.BUT you will be facinated by the local people...and again It is developing very fast but the incomes in the regions are poor. The tourists are staying for no more than 3 days in it.The tourism is stable at very very low level because it is not cheaper than any other cities with simmilar infrastructure and tourist attraction.For tourism business is very difficult to keep a tourist more than 3 days.-- less money and low occupancy over the year.