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Veliko Tarnovo with a new shopping centre

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The new shopping centre

A new mall will open within the next month, it was announced by a local newspaper. It is located in the very centre of the town, just a stone throw’s away from the Green market. It will be smaller than the already existing one but still with its 10,000 sqm will bring joy to the shopping fans.

The shopping complex will host more than 30 shops, a bank branch, cafés and a restaurant. There will be also two parking lots, one of which – underground; they will have a combined capacity of 100 vehicles. Continue Reading

News, Property News

Every village in Veliko Tarnovo region with video surveillance

surveillanceAuthorities have announced that each village in Veliko Tarnovo area will have its own video surveillance by the end of the year. CCTVs are on top of the priorities’ lists of the mayors of the 34 villages and the two small towns of Debelets and Kilifarevo which fall within the jurisdiction of Veliko Tarnovo Municipality.

The first CCTV camera in a local village was set up about five years ago; by the beginning of the year the number of settlements with video surveillance has reached 27 with 180 cameras. The last 9 places without this feature will have it before the end of the year.

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The Old Post Office and Trapezitsa Railway Station – museums?

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The Old Post Office

Despite their potential both buildings are abandoned

Veliko Tarnovo filed an official request requiring for the ownership of two symbolic edifices to be passed from the state into the hands of the Municipality. The buildings in question are the Old Post Office at the beginning of Samovodskata Charshia and Trapezitsa Railway Station. Both are intrinsically related with the history of Bulgaria and Veliko Tarnovo. The local authorities rely that the government will take the idea in good part and grant the possession of the properties. The Post Office couldn’t be sold on three occasions. Investors are not interested due to the lack of parking which means it can be converted into a hotel or a shopping centre. The Mayor’s idea is to turn it into a Contemporary Arts Museum, which Veliko Tarnovo lacks, or a place where artists and craftsmen can practice their trades and display their works. Continue Reading

Property News

Bulgaria returns its place among the 10 most desired places for buying a vacation home by British buyers

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Traditional-styled Bulgarian house

Bulgaria moved 5 places upwards in the list with countries that Britons are most interested in to purchase a property. The data was released by a leading on line web portal that keeps track of British buyers’ countries of interest and property market trends. The chart is monthly and in February Bulgaria ranked 10th. In January the country was placed 15th.

Few years back it was usually placed within the first 5 positions; but last year it lost its ground and ranked 20th. For the first time since January 2013 Bulgaria gains back its position among the 10 most preferred destinations by Britons for buying a vacation home.

USA holds the number one spot with France and Spain second and third.

Property News

Veliko Tarnovo region marks a growth of 268 % in apartment construction

apartThe number of apartments, the construction of which started in the last trimester of 2013, has risen by 268 % compared to the same period of 2012. The data was released by the Regional Statistical Office in Veliko Tarnovo. The building of 23 blocks of flats with 70 apartments has started since October. Their total living area is 7082 sqm. The construction of another 26 non-residential buildings with 7835 sqm has also been commenced.

The building permissions issued in the last trimester of 2013 are for 28 blocks of flats with 75 apartments and 43 non-residential buildings with a total floorage of 15929 sqm.