Overseas property investors could be set to benefit from growing tourism in Bulgaria.

According to the news agencies, the eastern European country is becoming even more popular with

holidaymakers from EU.

Petar Kandilarov, governor of Varna, was quoted as saying that the number of foreign visitors could possibly double in 2010.

This is likely to be a positive development for owners of rental accommodation in popular

Bulgarian holiday beach resorts.

Increased tourist numbers will lead to greater demand for temporary lodgings across the country,

which in turn allows investors to collect higher returns.

Official figures cited by different sources show that 90,000 holidaymakers visited Bulgaria last

year.

The predictions comes just officials in the EU forecast that more tourists would soon head for

Bulgaria in order to buy bulgarian property.

Helen Warburton of the Post Office told the Daily Mail that lots of holidaymakers are opting to

visit destinations with more favourable exchange rates, such as Bulgaria.

This is because the most currencies has fallen to a record low against the euro, which means

people face much higher costs if they visit countries such as Italy, Spain or France.
› Bulgaria registers strong economic growth
› Bulgaria Fast Becoming a Place Of Style and Culture
› Bulgaria Named Cheapest Holiday Destination in Europe
› Bulgarian property market to attract More Tourists