Old Village House Close To Vidin - ID 3073

Parliament In Bulgaria To Vote On Changes In Foreigners Ownership Rights 12/03/2008
Bulgarian Parliament discussed on second reading the changes in the law for ownership including a change from a banning to a restrictive regime of ownership for foreigners. Parliament will vote the texts on March 9, Parliament speaker Georgi Pirinski said. According to the ownership ban foreign citizens and companies do not have the right to own land in the country. Law changes will give the right of land ownership under a condition requiring international contracts on property deals. The restriction for acquiring land for a second residential property by EU citizens without permanent address in the country will remain. Parliament will also vote on the removal of the ban saying that foreign companies and individuals can not own protected forests and land terrains.... more

Low Property Prices And Inexpensive Ski Passes 21/03/2008
make Bulgaria one of the top destinations for flourishing ski properties, writes The Times in its latest edition. Described as ideal for a budget ski property, Bulgaria is recommended for its season from mid-December to late April and the challenge that its slopes offer for the occasional skier and for those with little experience. "During the summer this sparsely populated, largely rural country offers a wealth of activities such as hiking, fishing and mountain biking, as well as the fabulous beaches of the Black Sea coast. The numerous historic towns, unspoilt villages, castles and churches are also waiting to be explored." According to research by the property investment expert Assetz, Bulgarian ski resorts offer rental returns of up to 12 per cent - because of their year-round... more