Sun, Nov 08 2009
Velingrad
Photo: Krasimir Uskeseliev 
Tourism industry extremely happy with six day holidays as hotels are booked up.
The historic building of the central mineral baths in downtown Sofia has long been one of the city's symbols. Officially closed in 1986, its fate remained undecided, while every municipal administration that came to power deliberated what new purpose to attach to the old building.
Land and residential space in Velingrad, in south-western Bulgaria, almost doubled their values for a year, prompted by growing interest from developers, Stroitelstvo Gradut (Construction and the City) weekly reported. The turn of 2008 saw a surge of investor interest to spa tourism in Velingrad area. There was a significant interest in buying rural and forestry land with the purpose to invest in apartment complexes and hotels, the weekly said.
A car blast occurred in the town of Velingrad on the night of February 27. The blast shattered the windows of nearby houses. No people were harmed, Focus news agency reported. Municipal councilor Ekaterina Kaferinova is owner of the vehicle. Two months ago somebody tried to set her house on fire and caused significant damage. The explosive device was places below the front part of the car. Police have been
Office rent transactions peaked at 65 000 sq m between July and September 2008, but collapsed to 10 700 sq m in Q3 2009, Forton manager Sergei Koinov said.
Most potential buyers are now opting to buy a luxury flat in the range of 120 000 to 150 000 euro or a single family home for about 500 000 euro.
About 30 000 to 35 000 people employed in the construction sector were facing redundancies in 2010, Bulgaria's Regional Development Minister Rossen Plevneliev said on October 26.
Average market prices of housing in Bulgaria dropped five per cent in July-September, measured quarter-on-quarter, the National Statistical Institute said on October 23 2009.
The European Investment Bank (EIB) has released a 43.5 million euro loan to Sofia Municipality, for infrastructure projects worth 88.1 million euro in total
Bravo.