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Bulgaria Leapfrogs Florida, Portugal, Dubai as Boltholes Hot Spot

Source: Sofia News Agency (
Published Date: 29 Dec 2005

Bulgaria has risen to the third most popular destination for foreign boltholes, behind only Spain and France, shows an industry study, by currency specialist HIFX, as cited buy the Herald.

Bulgaria leapt ahead of Florida, Portugal, and Dubai after marketing the Black Sea coast for summer holidays and inland mountain ranges for skiing.

The Herald points out that Bulgaria is currently being touted as the best place to buy, a country where you can get more for your money than in Spain, Portugal, or Greece while enjoying the kind of lifestyle that was affordable in Mediterranean Europe 30 years ago.

Bulgaria has also been voted the UK's favorite holiday hot spot by First Choice, and the Association of British Travel Agents expects UK visitor numbers to have reached 200,000 this year.

"With the Black Sea coast averaging nearly 300 days of sunshine a year and a good meal for two with wine costing less than 8 pounds,

The Herald says cheap prices and a Black Sea coast averaging nearly 300 days of sunshine a year make Bulgaria ideal for holiday home buyers or investors with limited budgets.

According to the article second homeowners can expect the value of their properties to soar when Bulgaria joins the EU in 2007.