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Slight increase in property prices in Veliko Tarnovo

house_price_increase1Veliko Tarnovo is one of ten Bulgarian towns which witness an increase in the price of properties; the rise is minimal though. According to data from the National Statistics Institute asking price for apartments in Veliko Tarnovo marks a climb of 2.1% on a yearly basis. Deals were completed at an average of 365 euro per sqm in 2013 and at 373 euros per sqm in 2014. Prices in the Old Capital are two times lower than those in Sofia

Prices in the last trimester of 2014 were 378 euros per sqm compared with 375 in the third trimester meaning that there is a slow but steady growth in the figures.

The forth trimester saw the same trend in 13 other Bulgarian towns. The most expensive properties remain in Sofia, following by Varna and Burgas.

Lifestyle, News, Useful

Is the airport in Gorna Oryahovitsa finally coming true?

bg_AirThere is a concessioner willing to operate the Gorna Oryahovitsa airport, it was announced by the chairman of the parliamentary group of the ruling party GERB, Tvetan Tsvetanov, who was elected from Veliko Tarnovo region. The local press centre for the party announced that a letter-initiative from the investor was received in the Ministry of Transport.

According to the information the Transport Minister Ivaylo Moskovski said that the investment plan has been analysed thoroughly and it contains all the necessary elements and activities for a successful development of the airport. Continue Reading

News, Sights, Useful

Three Bulgarian historical sites to be restored with state funding

e593ea5a9075b912f34d32379c6c29f6_bigThe Cabinet will grant funding for the restoration of three important tourist sites in Bulgaria. The cash is to come from the Ministry of Culture. The Prime Minister Boyko Borisov came up with the idea after sites which were restored with state money proved to be very successful attracting tourist and visitors. Among them are Belchin, Tsarevets, Perperikon and Sozopol.

One of these places which will benefit from the financing is the palace of the Asenevtsi Dynasty in Veliko Tarnovo. It was recently discovered that the palace was not situated on Tsarevets Hill but on Trapezitsa.

Ivan Asen II (1218–1241) moved the tsar residency to a new place, likely because he decided that Tsarevets was cursed (the four tsars who ruled Bulgaria from 1185 to 1218 were violently killed there).

The restoration project, which strictly complies with the archaeological remnants of the palace standing today at 6-8 m height, is now deposited at the National Historical Museum. The Asenevtsi Fortress span at 660 sqm and was a typical feudal palace built by the brothers Asen and Petar and used during their reign at the time of the Second Bulgarian Tsardom.

After the restoration is complete Veliko Tarnovo will have one more tourist site to boast with.

Bulgaria Property, News, Useful

Check out our website – improved and packed with functionality

We are proud to present you our improved website packed with much more functionality. We’ve worked hard to make it better and easier for you to navigate through. All you need to do is register and you will have access to plenty of features that will guide you through your search for new property. Once you register and log in you can use the new features which will allow you to do so much more on the website. Now you can also log in with your Facebook account to make things even faster. Alternatively you can sign in the standard way.LOg in red

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Events and Festivals, Lifestyle, News, Sights, Useful

Two open-air ice skating rinks will be set up in Veliko Tarnovo for the winter season

outdoor-ice-rinkTwo ice-skating rinks will be available for the citizens and guests of Veliko Tarnovo. The first one of them is currently under construction behind Billa supermarket. The facility will span at 600 sqm. The field will be frozen via a latest state of the art technology using coolant called glycol. The skating rink will have all necessary certificates and will conform to all safety standards.

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