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Europe poured more than EUR 160 million for rural tourism in Bulgaria

18.06.2013

Europe poured more than EUR 160 million for rural tourism in Bulgaria About BGN 175 million from the program for developing in rural areas in Bulgaria will be invested in projects for development of the rural tourism in Bulgaria. Currently in the offices are collecting projects which after approval will receive finding through this program period. Included are and the funds from the European subsidies that have not been used by the farmers since 2007.

Financing of tourist properties will become in two criterions: 312th for micro factories and 311th- for diversification of non-agricultural activities. The total recourses in both criterions amounted to nearly BGN 160 million.

Subsidies are granted for renovation of old houses and tourist trails, creating horse facilities, tourist advertisement. In the places, regions in Bulgaria where there are cultural and historical attractions will found projects for making them popular.

Since 2007, State Fund ”Agriculture” has approved nearly 600 projects in two of the criterions(points) that finance business in the Bulgarian villages. Over the past two years have been created micro factories with funds of BGN 120 million. BGN 45 millions more are approved for none-agricultural activities.

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This was our first experience of buying a property abroad, and The whole process was managed and controlled by KiKi, due to Covid 19 we were unable to travel to Bulgaria to sign and complete the documentation, however we were guided through the legalisation process and purchasing using Kiki as our power of attorney, Everything was smooth and faultless, very happy with the service we received and the property, can’t wait to get to bulgaria to see our forever home project. Thank you very much Kiki.

— Donna Haskett, England