Turkey and Spain are Bulgaria’s main tourism rivals
The State Agency for Tourism (SAT) has published research that Bulgaria's main competitors in tourism are Turkey, Greece and Spain. The survey questioned tourists where they would go if they had not arrived in Bulgaria. 17% said Turkey was their second choice. The SAT research also showed the satisfaction rating had not changed over the [...]
Dubai and US reciprocal investments
American financiers like David Rubenstein of the Carlyle Group have started to look towards the Middle East in search of energy dollars to finance deals in the United States… Read full story Dubai real estate
Billionaire investor puts bets on Bulgaria
Tottenham Hotspur and Rangers football club investor Joe Lewis is to invest 70 million pounds (100.52 million euro) in the Bulgarian property market. In Septmeber 2007, Lewis bought a stake in one of Wall Street's big five investment banks Bear Stearns. Lewis originally made his name when he teamed up with speculators to bet on [...]
Bulgaria spends more as incomes increase
Domestic demand picked up early this year as Bulgaria joined the EU and a large number of European investment companies got unobstructed access to the local market. On another note, the incomes of the population have picked up by 18 per cent since the start of the year, another reason for growing consumption. The National [...]
7 million houses needed in Turkey
Turkey has a current population of 72 million and with increasing levels of prosperity, the demand for private housing across the country is on the rise. Estimates show that over the next ten years, seven million new houses will be required, a pressure reflected in Istanbul's real estate market. In addition, the introduction of new [...]