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Informes Sectoriales OP - Icex

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TOURISM AND RELATED SERVICES IN BULGARIA<br />

♦ Kazanluk tomb - (IV-III c. BC);<br />

♦ Thracian tomb near the village of Sveshtari, close to Razgrad (dated from<br />

2,300 years ago);<br />

♦ Madara Horseman (early VIII c.)<br />

♦ Boyana church – frescos, dating back from 1259;<br />

♦ Ivanovski rock churches (near Rousse), XI-XIV c.;<br />

♦ Rila monastery - (X c.);<br />

♦ Ancient town in Nessebar.<br />

There is a plenitude of monuments from different historic epochs: pre-historian<br />

finds, Thracian tombs, finds from the Ancient Greek times, Roman fortresses, historical<br />

monuments from the time of the First and the Second Bulgarian Kingdom,<br />

architectural attractions from the National Revival period, which have shaped fully<br />

or partially the face of Bulgarian towns.<br />

Vacation homes<br />

In recent years, Bulgaria has become a popular destination for foreign vacation home<br />

buyers, especially with British ones. Bulgaria has been voted the UK's favourite holiday<br />

hot spot by First Choice, and the Association of British Travel Agents expects UK<br />

visitor numbers to have reached 200,000 this year. The cheap prices mean it is ideal<br />

for holiday home buyers or investors with limited budgets. But when Bulgaria joins<br />

the EU in 2007, second home owners can expect the value of their properties to soar.<br />

According to a report by real estate investment adviser Property Frontiers and<br />

quoted by Assetz, the group of property investment companies, Bulgaria is one of the<br />

most rapidly advancing nations in Europe in terms of international property investment.<br />

The report reveals that there was an average property price increase of 47.5<br />

per cent in 2004 while growth in the first quarter of 2005 continued to be strong at<br />

10.6 per cent.<br />

Specific areas of property interest include the mountain and coastal regions with ski<br />

resorts and traditional beach holidays becoming more popular each year. There is<br />

also an emphasis on golf resorts and spa health centers at the moment and Property<br />

Frontiers suggests that these areas can provide year-round rental potential.<br />

Gambling<br />

Although gambling has not been specifically defined as a type of tourism by the<br />

Tourism Act, it should be noted that in recent years many hotels in Bulgaria have<br />

added casinos to their offers. Most of the major hotels in Sofia and on the Black Sea<br />

coast have casinos, too, incl. Princess Hotel, Sheraton Sofia Hotel Balkan, Grand Hotel<br />

Bulgaria, Radisson SAS, and Hemus Hotel in Sofia; Astera Casino Hotel and Havana<br />

Hotel in Golden Sands resort; Bulgaria Hotel in Burgas; Grand Hotel Varna in<br />

St. Elias complex (St. St. Constantine & Helena resort); Bulgaria Hotel and Trimontium<br />

Princess Hotel in Plovdiv. Organized groups from Israel, Russia and some other<br />

countries are frequent visitors to these facilities.<br />

Spanish Economic and Commercial Office of the Spanish Embassy in Sofia 58

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