Property News

Bulgaria

2012-01-30

Bulgaria's Agriculture, Tourism Most Resilient to Crisis in 2012 The negative impact of the reduced economic growth forecast for 2012 in the Eurozone will spill over to sectors that have traditionally remained unscathed, according to Bozhidar Danev, Executiv...
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Holders of Schengen visas will be able to visit and stay in Bulgaria without Bulgarian visas ...

2012-01-27

Holders of Schengen visas will be able to visit and stay in Bulgaria without Bulgarian visas Accepting a proposal by the Prime Minister, the Cabinet today decided that until the date of Bulgaria’s full accession to the Schengen zone, Bulgaria unilateral...
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Earnst & Young Rank Bulgaria 32nd in Renewable Energy Attractiveness

2011-06-02

Bulgaria has been ranked among the most attractive countries in the world for investments in renewable energy projects, a report from the US auditing and consulting company Ernst & Young showed. The top three in the ranking are China, the US, and ...
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Eurostat: Bulgaria Boasts Cheapest Goods in EU

2011-06-28

Bulgaria holds the first place in the EU in terms of cheapest consumer goods, and is next to the cheapest location on the continent, according to a Eurostat study released Tuesday. Bulgaria heads the ranking for average price of goods at 51% o...
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Balchik military airport might be turned into a civilian one

2011-08-07

Bulgarian prime-minister Boyko Borisov to look for a concessioner of the former military airport in Balchik Bulgarian prime-minister said at the grand opening of the Thracian Cliffs golf course near Kavarna. Borisov said it is pity that the p...
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Bulgaria Forecasts 10% Growth in Foreign Tourists' Number

2011-06-06

The increase of the number of foreign holidaymakers during the summer season is expected to be about 10%, the Minister of Economy, Energy and Tourism, Traicho Traikov, told journalists Saturday. Traikov says this number is on the rise each y...
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Russian Have Bought Over 200,000 Apartments&Houses in Bulgaria

2011-03-10

Bulgaria's crisis-hit real estate sector is pinning its hopes on Russian holiday-home buyers rediscovering one of their favourite communist-era travel destinations, AFP reported. Russians with money to burn are replacing British property buyer...
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Russians Rescue Bulgaria's Real Estate Market

2011-03-05

Bulgaria's real state market, which used to benefit from large number of UK buyers before 2008, is now said to realy heavily on Russian buyers for its recovery. Over 200 000 Russian nationals have bought real estate in Bulgaria, the tot...
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Bulgarian Residential Property Prices Stable

2011-02-20

Residential property prices in Bulgaria have stabilized around the level from last year, while the volume of transactions has begun to increase. According to the Bulgarian National Radio (BNR), the market is driven by buyers who spend between EUR 45&n...
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Bulgarian companies re–registration deadline extended

2011-01-03

The deadline for re-registration of all Bulgarian companies has been extended until the end of 2011. The Bulgarian parliament voted and accepted the new period for re-registering, which is force from the 28th of December. Due to the fact that ma...
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Russian Property Buyers Prefer Bulgaria Most

2010-08-19

Bulgaria ranked 1st in the chart of a Russian website for interest of Russian property buyers abroad for July. According to Prian.ru, in July, 21,55% of all requests for properties were for Bulgaria, while in June the number was a little below 20%. T...
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Bulgarian Real Estate Experts Expect Standstill of Prices

2010-08-05

The prices of real estate in Bulgaria will probably remain at their current level in the next few months, the head of the National Real Estate Association has announced. At the moment, the average prices for residential properties range between EUR 55...
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Bulgarians and Russians are buying small and cheap coastal properties again

2010-07-29

According to a recent survey carried out by “Dnevnik”, a leading Bulgarian business newspaper, properties that generate interest are those within the price range from 25 to 40 000 Euro. The average sale price per square meter varies in the wid...
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Holidays in Bulgaria remain the cheapest according to a Romanian website

2010-06-07

The Romanian website Incont.ro has published an article for the rental prices in holiday resorts, with a focus on the Bulgarian resorts. The survey of the website concludes that the Bulgarian resorts offer the most attractive holiday packages – ...
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Russians return – but with less to spend

2010-04-20

Russians are returning to the overseas property market – but with smaller budgets and in cheaper locations. The first quarter of the year saw an increase in enquiries for international homes following a much quieter 2009, according to agents in ...
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Bulgaria Still No. 1 on Russia

2010-03-12

A vacation project in Bulgaria's beach town of Sozopol was among the 18 finalists of the first international competition for best vacation properties held in Russia. Bulgaria remains on the top of the list of the Russian real estate market, according ...
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Brits Looking to Move Abroad Still Look at Bulgaria

2010-02-25

Spain, France and the US were the most searched-for destinations, while Cyprus, Turkey and Bulgaria found their way into the top ten, a survey shows. Bulgaria continues to be among the top destinations for Brits, who are looking to move abroad...
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Bulgaria Ski Resorts Tempt Russian Property Buyers

2010-01-15

Bulgarian ski resorts are among European destinations that continue to attract property-buying Russians, despite the economic crisis. The demand for European property by Russians is steadily increasing despite the economic crisis, Russian medi...
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Bulgaria's Luxury Properties Construction Unaffected by Crisis

2009-11-30

Luxuty property construction in Bulgaria has not been affected much by the crisis, according to property experts. The downturn in the real estate sector in Bulgaria caused by the global economic crisis has not affected the construction of luxu...
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Golf – The Great Challenge and Opportunity for Bulgaria

2009-07-29

Bulgaria is a country of extraordinary natural diversity - a rare combination of high, snowy peaks, vast green fields, and golden sandy beaches. This gives anyone visiting Bulgaria the exciting chance to enjoy all kinds of sights and entertainment. In...
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Bulgaria No. 1 Destination for Russian Real Estate Buyers

2009-07-09

Bulgaria is the most popular destination for Russians seeking to buy real estate property abroad. This becomes clear from a report of the DOKI real estate agency, as cited by the BGNES news agency. According to the provided data, 25% of the Russians seeking to...
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Bulgaria Ranked 4th Top Real Estate Investment Destination Globally

2009-06-23

European real estate website Simplyzigzag.com ranked Bulgaria fourth top property investment destination globally. Bulgaria has been ranked as the fourth top destination for real estate investments globally in a survey of the properties website Simply...
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Bulgaria property coming back into favour with British buyers

2009-05-20

Bulgaria is becoming more popular with British buyers, according to the first quarter results revealed by major UK portal Property Abroad.com. Bulgaria grew into one of the most popular destinations during 2006 and stayed in the top group for ...
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Bulgaria Housing Market Favors Buyers but Far Away from Collapse - Report

2009-02-08

The real effects of the financial crisis were first felt by the Bulgarian housing market in the third trimester of 2008, data from a report prepared by the Bulgarian real estate agency "Address" reveals. During this period housing pr...
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Annual tax return

2009-02-13

Dear Blackseavillas clients, we would like to remind you that the time for the annual submissions is approaching again. To avoid last minute hectic, this advance notice, allows you enough time to make your decision and to organize the payment fo...
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Braemar Golf appointment to Thracian Cliffs

2008-12-10

A month after announcing the taking over of the management of the Pravets Golf & SPA, the representatives of Braemar Golf Development signed a contract with Thracian Ciffs Golf & SPA Resort. The company based in St. Andrews is going to m...
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2009 - the right moment to buy property in Bulgaria

2009-02-03

Two celected articles about the right moment to buy a house or apartment 2009 - The right moment to buy property 2009 is a the right time to buy property because of increansed supply and lower prices. The expected decline in p...
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Bulgaria Introduces New Cadastral Info E-System

2009-02-02

Bulgaria Introduces New Cadastral Info E-System A new electronic system for providing information over the cadastre and the property register in Bulgaria has been officially presented Monday. The system is already working in all 28 regional departm...
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Club House BlackSeaRama - Building of the year 2008

2008-12-17

Club House BlackSeaRama - Building of the year 2008 Endless sea view from the hight of 200 meters towards the magnificent and extremely diverse bay from Cape Kaliakra to Cape Galata of the Black sea - that is BlackSeaRama, the first championship signa...
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Varna Becomes "Bulgaria's Best City to Live in" for Second Year in Row

2008-10-27

Varna Becomes "Bulgaria's Best City to Live in" for Second Year in Row Bulgaria's Black Sea city of Varna won Monday the competition for "Bulgaria's Best City to Live in", which is organized by the Darik Radio and the 24 Chasa Dail...
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Romanian property buyers set sights on Bulgaria

2009-09-17

Romanian property buyers set sights on Bulgaria The property boom that started in Romania a few years ago is moving towards neighbouring Bulgaria where land and home prices are still lower, Romanian newspaper Financiarul reported. Romanian homebuyers ar...
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Bulgaria

2008-07-25

Dozens of Romanians have bought luxury apartments in famous Bulgarian seaside resorts. With only 75,000 euro the price for a one room apartment in Bucharest, people can buy two for this price in one Bulgarian seaside resort, Golden Sands. Another option in Bul...
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Agricultural land most attractive property in Bulgaria, consultancy firm says

2008-07-21

Nubricks.com quoted a former investor in agricultural land near Bourgas, who bought the property for nine euro a sq m. Two years later, after completing the regulation procedure, the owner sold the plot for 60 euro a sq m to a developer whose intention was to ...
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Chedi luxury hotel brand coming to Bulgarian golf resort

2008-07-21

GHM, the owner and manager of a hotel portfolio of highly regarded properties such as The Datai and The Setai, said it would open a hotel in Bulgaira under its upscale brand Chedi. The local Chedi hotel will be part of the Thracian Cliffs golf resort near Kava...
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Construction Prices in Bulgaria to Grow 10-15% by End of 2008

2008-07-12

The Chair of the Sofia Chamber of Commerce and Industry Georgi Chernev predicted Friday that the prices of construction services in Bulgaria might grow by 10-15% by the end of the year. As the main factors that would likely drive up the prices, Chernev point...
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16,6% More Foreign Tourists Visited Bulgaria in January-May 2008

2008-07-12

The Chair of Bulgaria's State Agency for Tourism Aneliya Krushkova announced Friday that the number of foreign tourists visiting the country in the first five months of 2008 has grown 16,6% compared to the same period of 2007. The greatest percentage increas...
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Macro Watch Report: Bulgaria with Booming Economy and Record GDP Growth

2008-07-07

A report of the Macro Watch group states that the positive development of the Bulgarian economy was continuing with a record GDP growth, but that the country still faced high-risk macroeconomic factors. The Macro Watch is a group formed by the Open Society I...
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Golf to Improve Bulgaria Tourist Image According to German Press Agency

2008-07-01

Golf clubs and resorts are going to improve Bulgaria's image as tourist destination by offering an alternative to the concrete cities that have been built on the Bulgarian Black Sea Coasts, announced Darik news Tuesday citing the German news agency DPA (Deutsc...
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Prices of Bulgaria Real Estate to Grow 15% in 2008 - Report

2008-05-28

The global real estate company ERA has predicted a 15% increase in the prices of real estate properties in Bulgaria in 2008. According to ERA, the number of real estate deals in Bulgaria in 2007 grew between 4% and 5% to reach a total of about 325 000. 25% of ...
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Sunny Bulgaria - "Jewel of the Balkans"

2008-05-30

Views and Records From Donegal News Well it might not be a very good summer, but it is, nevertheless, summer, and next year's brochures are starting to arrive! One destination that has grown in popularity over the last number of years is Bulgaria. It...
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First Golf Course on Black Sea Coast Opens in Bulgaria's Balchik

2008-06-03

The first golf course on the Black Sea was opened Saturday in the Bulgarian sea resort of Balchik north of the city of Varna. The BlackSeaRama complex is worth EUR 103 M, and is located on an area of 1000 decares. It is the second professional golf course in...
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Bulgaria Ranks Among Top 10 Reformers According to World Bank

2008-06-05

Bulgaria was officially accepted in the "Reformers' Club of the World Bank" at an official ceremony held in New York Thursday, as announced by the Bulgarian National Radio and other media sources. The club's membership includes countries that have ...
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S&P Confirms Bulgaria Credit Rating

2008-06-06

The credit rating agency of Standard & Poor's (S&P)confirmed today the long-term rating of Bulgaria as 'BBB+' Ð¸ and the short-term as 'A-2'. The prospective is stable according to the evaluation of the Bulgarian Finance Ministry. Accordi...
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US Inventors in Bulgaria to Pay Lower Taxes

2008-06-10

US companies and US individuals investing in Bulgaria will soon pay lower taxes for doing business in the country as announced on the official internet site of one of the major Bulgarian daily newspapers "Standard". The tax reduction is included in...
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Bulgaria to Promote Spa and Wellness Tourism

2008-06-13

The State Tourist Agency is preparing a strategy for the development of spa and wellness tourism in Bulgaria. The strategy was announced by the Agency's Chair Anelia Kruchkova at the First Specialized Business Forum dedicated to Spa and Wellness. The forum...
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World Bank: Bulgaria Shows Strong Economic Growth

2008-06-20

Bulgaria registers strong economic growth as data from the last World Bank report reveals, with the country taking one of the top places among the 10 new European Union members. The World Bank expects that this ranking would remain constant. Overall the 10...
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Bulgaria's Varna to Host Biggest Exhibit on Water

2008-06-20

The biggest exhibit on water in Bulgaria, Bulgaria Boat Show is officially opening Thursday evening at the seaport of the country's sea capital Varna. The yacht exhibit will take place June 6 to the 8 and will present over 50 new yacht models. 20 of them wil...
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Five Europe destinations that won't kill your budget

2008-06-20

Yes, it's true: Europe airfare prices are outrageous this summer and the dollar is being beaten to a pulp by the euro. Fortunately, there are still a few places that offer American travelers good value. After crunching the numbers on airfare, hotel, and...
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Varna Airport With Regular Flights to 24 Destinations

2008-06-20

Varna airport had serviced over 185,000 people since the year started until May. This is 8% growth compared to the last period last year, informed from the airport administration. The bigger possibilities for traveling are the low-cost air companies. The...
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Investment Fund to Achieve Maximum Farming Effectiveness in Bulgaria

2008-06-25

The Agricultural Investment Fund "Ceres', one of the biggest investors in agricultural land s in Bulgaria has invested just in 2008, BGN 2 M in farming machinery and plans to invest at least this amount in 2009, according to the company's pres release Tue...
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Golf Resort Complex for EUR 500 M to Be Built in Bulgaria's Straldzha

2008-06-26

A new golf and resort complex for EUR 500 M called "Wild Rose" will be constructed close to the town of Straldzha in southeast Bugaria. The huge resort complex will be able to accommodate about 20 000 visitors. According to the investor Solas Nua L...
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Bulgaria's Varna to Relocate Old Port

2008-06-26

The local administration in Varna received Wednesday the official green light to move the old city port to a new location in the Varna Lake, with a decision voted unanimously by the Municipal Councilmen. The Varna Municipality would take upon itself the task...
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