HOT: » Which party would you vote for (if you could) in the upcoming snap vote in Bulgaria on April 19?
Send to Kindle
The hotels were all seized by District Courts after the owners failed to pay their bank mortgages on time after seeing a drop in tourist numbers due to the financial crisis. Photo by BGNES
The Bulgarian Chamber of Private Bailiffs has announced that 9 mortgaged hotels will be sold at auction in the country after the financial crisis has hit the tourism sector.
The starting price for the cheapest, in Dobrich, is BGN 247 140 with the most expensive being an apartment complex between Razlog and Dobrich which has a starting price of BGN 3,8 M, economynews.bg reported.
The hotels were all seized by District Courts after the owners failed to pay their bank mortgages on time after seeing a drop in tourist numbers due to the financial crisis.
Some of the hotels will remain empty forever as monuments of entrepreneurial madness, local property experts reported Friday.
Hotels in Bulgaria are transitioning to the euro without major issues, according to Georgi Duchev, executive director of the Bulgarian Association of Hotel Management Professionals
More than 90% of hoteliers in Bulgaria report difficulties in recruiting employees, with roles such as cooks, maids, and waiters being the most sought after
Veselin Danev, chairman of the Bulgarian Hotel Association, highlighted a major issue in Bulgaria’s tourism sector: a significant decline in the workforce
According to Georgi Duchev, executive director of the Bulgarian Association of Hotel Management Professionals, one-third of Bulgarian hoteliers are planning a modest price increase of about 10%
Tourist interest in Christmas and New Year holiday packages is exceptionally high this year
As the New Year approaches, hotels, holiday resorts, and guesthouses in Bulgaria are offering a range of packages to attract holidaymakers
Housing prices in Bulgaria have surged by 157% between 2015 and the end of 2025
The Bulgarian real estate market is showing signs of cooling in early 2026, with experts reporting a slowdown in transactions and a shift toward more balanced conditions between buyers and sellers
In 2026 the Bulgarian residential market is shaped less by size and more by adaptability.
Bulgaria’s entry into the Eurozone marks a defining moment for the country’s real estate sector.
The housing market in Bulgaria is undergoing notable shifts, with buyers increasingly prioritizing location and accessibility over sheer size.
Property values in Sofia have surged by approximately €500 per square metre over the past year, according to data from one of Bulgaria’s largest real estate agencies. Across the country’s main cities, housing costs climbed by 20% in the final quarter of 2
Aniventure Comic Con Returns to Bulgaria with Star Guest Christopher Judge!
Global Fuel Shock: Oil Jumps Over 40% Since Iran War Began
