Bulgaria - Back to the future

PR Log (Press Release) – Aug 24, 2008 – . While the coastal resorts, with their luxury hotels and apartment complexes, are starting to remind of Miami Beach, the decay of the villages further inland stand in sharp contrast. The huge number of tourist that flock to the country every year may help to create wealth for a few, but most of the country's 7,6 million people still survive on the bare minimum. So even though things are better now than they were following the collapse of communism, many of the older generation still think back to ‘the good old days' when they at least knew they would have the basics.

There is no doubt that Bulgaria the last few years has become one of Europe's most popular holiday destinations, as well as a favorite among investors who have been buying in the thousands. Last year Bulgaria topped the trend as the fastest rising property market, with over 30 percent growth per annum, but is the tide now turning?

Read the full article at www.ipb-magazine.com