Kavarna Municipality Greenlights Bulgarian Land Developments July Morning Project 14/03/2008
The July Morning site comprises 95 000 sq m of freehold agricultural land on the Black Sea coast in the town of Kavarna, acquired by BLD through several private purchases in 2006 for an aggregate value of 4.3 million euro. more

Overconstruction Brings Down Prices In Bulgarias Resorts Significantly 12/03/2008
Over-construction of coastal resorts is a fact and represents major setback to the development of Bulgaria’s resorts, head of the National Tourism Board Georgi Gergov said. Foreigners pay 120 euro for a week-long vacation, Gergov said. The sum includes airport ticket, as well. Only an inexpensive offer can compensate for the over-constructed resorts and the poor conditions there, Gergov said. The chaotic construction in coastal and mountain resorts should end. Entrepreneurs, as well as the state lose from the lack of construction regulations, he said. Mistakes made in the past can be corrected in case the proper infrastructure is provided and investors protect green areas in the resorts, Gergov said. Further state control is needed, as well. more

Sofia District Court Employee Arrested Over Illegal Property Acquisition 21/05/2008
An employee from Sofia District Court was arrested Tuesday over allegations of illegal property acquisition. Eyewitnesses told reporters Daniela Malinova was taken out the court building with handcuffs on her wrists. The investigation, which was first instituted against other suspects, showed Malinova's assistance was needed for completing the criminal aims. The investigation process continues. more

What To Watch Out For When Buying Property Abroad 18/03/2008
The property industry seems to bring out the worst in many people – or perhaps certain elements of the industry just attract unscrupulous individuals?  It’s probably because there’s so much money to potentially be made from real estate that dirty tricks such as gazumping and undercutting become common practice, and lies and mistruths abound.  However, understanding why bad behaviour is synonymous with property doesn’t actually help the majority of us who are simply looking for a secure home. What’s more, understanding that bad behaviour is common practice in the property industry certainly doesn’t assist those of us who want to buy a home abroad - because then even more complications arise because we’re likely to be less sure of when a lie is a lie, and when something unbelievable is... more

Traditional Wine Expo 'vinaria 2008' Starts In Sofia 27/03/2008
The 16th edition of the International exhibition for viticulture and wine production “Vinaria 2008” starts today at the International Fair in Plovdiv (Bulgaria), informed BTA. 554 countries from 32 countries will take part in the event. Co-organiser of the event is the National Vine and Wine Chamber. The 'Vinaria' exhibition is included in the calendar of the Global association of the exhibition industry – UFI since 1997. “Vinaria” presents the novelties in the field of vine-growing and wine production throughout the world. Every year the event grows in scale and in number of participants. This year it will be opened by the minister of economy and energy Peter Dimitrov. Within the framework of the exhibition, a conference on the development of viticulture in the South East... more