Bulgaria
Bulgaria is a medium size country located in a prominent position
of Eastern Europe, surrounded by numerous countries and the
Black Sea. Bulgaria has always been a well-placed land, seen
as a stepping stone between Asia and Europe where boats weren't
needed to traverse the two continents. For this reason, Bulgaria
has had a great many years of occupation by all the big players
of our time, producing a country of great ethnic and cultural
diversity.
Due to the extremes of the geography of the land, the climate
in Bulgaria is also pretty varied. The southern coastal
areas are bordering on Mediterranean climate, so not quite
as hot as Spain or Italy but enjoying long, hot and dry
summers. The mountain ranges above 2000m get plenty of snow
through wintertime, which has encouraged many ski resorts
to blossom. Spring times are pleasant and sunny and autumn
time is mild.
Bulgaria has been a hidden gem for many years, oppressed
by communism until 1989 and difficult to reach. It is only
now that the diversity of the country as a potential investment
opportunity has come to light.
Just three hours from the UK, Bulgaria has one of Europe's
fastest growing economies and a thriving property market
as a result of a booming reputation amongst UK and International
tourist industries.
With its recent entry into the EU this unrivalled expansion
is set to continue and with a high level of secured International
investment Bulgaria is sure to live up to its name as the
Europe's leading investment hot spot.
Bulgarian property offers attractive rental returns. Visitors
to Bulgaria from the UK have doubled every year since 2002
and a staggering 1.2 million British tourists are expected
to choose Bulgaria as their destination for a genuinely
awe-inspiring summer or winter holiday in 2008.
Bulgaria is only just still emerging as an exciting market
with property prices unobtainable in other areas of the
world. The prices are rising steadily and investors are
looking forward to excellent returns in the future.
Many of the main UK airports have direct flights to Bulgaria,
with an increasing number of airlines introducing flights
to the main airports of Sofia, Varna, Plovdiv and Burgas.
Flight times from the UK are approximately 3 hours. Direct
flights from the UK are available from numerous airlines,
as well as some charter carriers.
The currency in Bulgaria is the Lev (Lv), which is divided
into 100 stotinki. Bulgaria is still mostly a cash economy
although credit cards are accepted increasingly more often
with the influx of tourists and their plastic. It is advisable
to exchange currency in banks or hotels. There is a lot
of speculation about Bulgaria taking the Euro currency and
it is thought that the old currency will be phased out over
the next few years with the Euro taking over around 2010.
Bulgaria's ski resorts are only just coming to the fore as
places for ski enthusiasts to visit following the lifting
of the iron curtain in 1989. There are numerous resorts around
the country, which are now seeing investment into thefacilities
as well as private investors developing hotels, apartments
and chalets.
 The
main cities of Bulgaria include the capital of Sofia and Plovdiv
in the west and Varna on the east coast. Each of them interesting
places with the old, traditional areas to explore and the
modern boulevards to meander along, inviting visitors to stop
at the street cafes for refreshments.
The fact that the country is bursting with natural springs
and thermal spas may be one of the reasons that the Romans
and Ottomans hung around for so long. With the healthy,
clean mountain air, the spas of Bulgaria are becoming ever
popular and chic boutique hotels and spa facilities are
popping up all over encouraging the fans of city breaks
to turn their attention to some serious time-out relaxation.
Well known spa towns include Kyustendil, Velingrad, Bansko
and Dolna Banya. In each of the towns you'll find luxurious
spa hotels and centres offering a host of treatments such
as underwater massage, Thalassotherapy, body wrapping and
reflexology. It's also one of the nicest ways to relax and
chill out.
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