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Bulgarian Property & Real Estate News

Further investment boosts Bulgarian property market

Hardly a week goes by without news emerging from Bulgarian property circles about another planned investment project as the country looks to enhance its reputation in advance of EU accession.

In addition to large-scale Bulgarian property investment, officials are also working hard to stamp out corruption and to combat some of the other legal concerns that have been Bulgaria’s perennial weakness in years gone by. Read more…

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Brand New Project for Development near Govedartsi

A brand new project for development of Northern Rila is now being prepared by the Samokov municipality and the local businessman Hristo Kovachki. The new project plans the construction of small villa sites nearby the villages- Madjare, Mala Tsarkva and Govedartsi. A lift will connect the villages with Mechit peak and Maliovitsa.

The Municipal Council approved the offer presented by “ML Impex” Ltd. managed by the local businessman Mr Kovachki. The Municipal formed an association, which will present general organization plan and ecology asessment of the future complex and will apply for state terrains concession. Read more…

Bulgarian property a hot destination for Welsh

The number of Welsh families buying property abroad is on course to double within the next seven years, with Bulgarian property proving the hot destination.

Even first-time buyers priced out of the domestic market are turning to the former Soviet bloc nation to get a foothold on the property ladder, says Swansea-based Britannia Overseas Property. Britannia – one of the UK’s leading developers of property in Bulgaria – say impending EU membership and low property prices are helping money pour into the Black Sea resort nation.Such is demand, Bulgarian property last year recorded an average price increase of 47.5 % with experts predicting values will more than double over the next 12 months. Read more…

The changing face of Bulgarian property investment

With property investment television programmes dominating the listings, it is inevitable that real estate is beginning to attract more and more potential investors. Most of these programmes are also becoming increasingly adventurous in terms of the places they cover, which is having a direct result on the investment patterns of UK residents.

In a report for Antara News, for instance, journalist David Burrows says that many investors are beginning to turn away from France and Spain in search of better value. He suggests that Bulgarian property is a prime example, in that real estate prices in the country are still exceptionally low but experts are predicting something of a boom in Bulgarian properties before long. Read more…

Bulgarian property market gains appeal

Property investment in Bulgaria has in recent years been something of a slow and steady affair, with many investors appreciating the potential for capital growth but holding out for further encouragement. It is a situation that is gradually being transformed, however, with a number of key factors now uniting to position the country as one of the most exciting property investment hotspots in Europe.

A quick look at the house price growth in the first quarter of 2006 gives an idea of the increasingly tempting nature of property in Bulgaria. Read more…

Why Buy Property In Bulgaria ?

Located in South Eastern Europe, Bulgaria is bordered by Greece and Turkey to the South, Romania to the North and Macedonia and Serbia to the West. Its Eastern Border is formed by the beautiful Black Sea Coast. A country of outstanding natural beauty the environment remains unspoilt and is incredibly varied. A relatively small country, a few hours drive will take you from the snow covered central Pirin mountain Ranges to the long sandy beaches of the Black Sea coast.

Forming the heart of several of ancient histories greatest civilizations Bulgaria’s rich culture is reflected in a vast number of architectural treasures. Read more…

Best Ski Season Ever for Bulgaria

The Bulgarian Ski Federation and the Sofia 2014 Bid Committee announced today that the 2005-2006 ski season drew record visitors to Bulgaria. A celebration event was held at Sofialand and featured the resorts of Bansko and Borovetz – the two mountain venues for Sofia 2014’s bid for the Olympic Winter Games. “We are ecstatic with the attendance at Bulgarian winter sports destinations,” stated Tseko Minev, President of the Bulgarian Ski Federation. “The world is recognizing the amazing snow, fantastic accommodations and warm people of Bulgaria. Sofia 2014 captures all of this.” Read more…

Press praises Bulgaria property market

The Wall Street Journal and London-based newspaper The Independent have published articles praising the investment opportunities in Bulgarian properties. In an April 18 report in The Independent, which describes Bulgaria as a “beautiful country”, writer Robert Nurden says that Bulgaria property investment falls into four main categories.

The first is in the capital city, Sofia, which is “growing economically and geographically faster than any other former East European capital”. The bulgarian property boom has now hit the centre, with locals themselves pitching into the market, always a good sign, the report says. Read more…

If you are looking for Bulgarian real estate or off plan property in Borovets look no further than Concept Bulgaria.
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