Kranevo, a small village at Bulgaria's northern seaside, seems to have become a hot spot for vacation complexes. The village saw the construction of 21 new tourism sites in 2004. This year, 34 freshly built hotels, restaurants and shops rose at the site. Local governor Krassimir Mihaylov, cited by the state news agency BTA, has said that the green light has been given for the construction of several new tourism complexes.
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source: bulgarianpropertiesmarket.com
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