subject: Modernisation and Expansion of Bourgas Airport Begins [print this page] Modernisation and Expansion of Bourgas Airport Begins
Bourgas airport (also known as Burgas airport) has just begun extensive modernisation and expansion plans. On October 19, 2010 the airport investment project, estimated to total around 20 million leva, officially got underway, with plans to construct a new cargo storage building, administrative building and an additional fire fighting facility. All modernisation, expansion and investment in the country bodes well for property in Bulgaria overall but the plans for the new international passenger terminal will be of particular interest.
Airport access is an important factor in assessing the appeal of any location for property investment, just as it is for real estate in Bulgaria. Property which holds its value is easily accessible from major international airports as well as other national transport links. This increases the rental potential of any property, whether inner city property for business trips or holiday home properties in resorts. Property in Bulgaria is cheaper than other European countries in part because Bulgaria is an up and coming' country, modernising later than other more Western European countries. Any attempts to bring the country's primary infrastructure in line with the rest of the Europe through modernisation and expansion will be welcomed by property investors.
Bourgas airport is one of Bulgaria's largest and most important airports as it serves the Black Sea Coastal resorts, where some of the most sought after real estate in Bulgaria is located. Part of the 20 million leva investment will be to build a new, highly modernised international passenger terminal, with the facilities to process up to three million passengers every year. Bulgaria's Black Sea Coast and the Bourgas region is among Bulgaria's most popular areas for holidays and, subsequently, holiday homes. House Sales Bulgaria features many of this region's hot property listings and is sure that those wishing to sell property in Bulgaria, particularly in the Bourgas region, will be heartened by the airport's expansion plans. To browse the latest property listings across the country, go to http://www.housesalesbulgaria.com/.
