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Finance, News

Veliko Tarnovo records large increase in annual visitors

Investments of more than 7 million leva have been made

vt3Nearly one million tourists have visited the cultural and historical sites of Veliko Tarnovo and the region during the last year. That’s an increase of 40 %, it was announced by the mayor of Veliko Tarnovo. The number of bed places available also marks a rise of 200 beds, due to the fact that two new hotels, five guest houses and also another twelve accommodation establishments have been opened during the past year.The total accommodation capacity now amounts to 6000 beds. For the improvement of tourist infrastructure and for the creating of new attraction sites the Municipality of Veliko Tarnovo has invested over 7 million leva.

Currently new projects are being elaborated; it is hoped that they will be granted funding during the new program period. Under those projects the Shishman’s bath in Asenov quarter will be restored. There are plans for the Museum of Wax Figures to be expanded by a 1000 sqm. Also a new park will be built in the foot of the Tsarevets Hill – bicycle lanes and pedestrian zone will connect the medieval churches in Asenov quarter with the Holy Forty Martyrs church. An artisan street will be set up on Tsarevets Fortress. There will be also a riverside walking track that will go along the picturesque Yantra River near Boris Denev Art Gallery. New parking lots will be built in the Old Town of Veliko Tarnovo – by the churches of Holy Forty Martyrs and St. Dimitar. Architects will discuss the building projects for area where the now demolished Old Military Academy was placed before. Some of the plans provide for the construction of a multifunctional congress centre, a military museum and also an aquarium. It is yet to be decided what exactly will be build there.

Veliko Tarnovo Municipality hopes to attract even more tourist after accomplishing all those projects.

Local Roads

Veliko Tarnovo authorities will spend 15 million leva to repair streets in the old town

Veliko Tarnovo street repairs

Gurko Street in Veliko Tarnovo

The street s in the Old Part of Veliko Tarnovo are to receive a new look. This is one of the largest reconstruction projects ever to be accomplished in the town. Next year the Municipality will put 15 million leva for a complete makeover of the streets in the Old Part of Veliko Tarnovo. The money comes from Regions for Growth Programme which has already funded the reconstruction of several significant sites in Veliko Tarnovo. The reconstruction project was officially presented at the end of last week and is part of the investment program of the Municipality for the coming year. Some of the streets in the Old Town have not been repaired since the Ottoman Empire reigned the country, virtually from their construction.

The Old Town of Veliko Tarnovo is beautiful and very appealing to tourist from near and far; it bears the character of the town and as such is sure to gather attention. However the last 30 years saw it neglected and void of investments. The plan is to gradually repair all streets, including the smaller ones starting from the Central Post Office and those in old neighbourhoods of Varusha and Asenov.

Cobblestoned streets will be preserved – the stone paving will be rearranged and upgraded if necessary. New asphalt will be laid on the other streets. Other issues that will be addressed are the drainage and parking problems. New recreation areas and green space will also be set up. The street lighting will also be replaced and improved.

Images: Internet

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Veliko Tarnovo Region in Bulgaria Offers Great Investment Opportunities

Here in Yantra Homes, we offer a wide range of exquisite properties for sale in the historical capital of Bulgaria, Veliko Tarnovo. Our portfolio of Bulgarian real estates also includes low-priced properties in the popular municipalities of Tryavna, Elena, Pavlikeni and Polski Trambesh, among others.

The combination of the romantic ambience with the old crafts makes the region of Veliko Tarnovo extremely popular with property buyers. Whether you are looking for a primary or secondary home, holiday home, villa, apartment, commercial property or looking for investment properties, we can take care of all your needs.

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