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Property News
Where To Buy A Family Home In Bulgaria 15/05/2008
Where to Buy a Family Home in BulgariaIn all the talk about Bulgarian property that has been ongoing for a good few years, the focus has generally always been on investment property and where to buy real estate in the nation to let to the tourism market or to buy off plan and flip for capital appreciation. Little consideration has been given to where to buy a family home in Bulgaria. Because the country is now so easily and affordably accessible and is a member of the European Union, it is a location on the radar of the increasing number of Britons considering expatriating to live abroad to find a better life. Therefore we thought it was high time that some proper consideration was given to attractive locations for living in in Bulgaria. The coastal towns of Byala and Obzor are... more
Where to Buy a Family Home in BulgariaIn all the talk about Bulgarian property that has been ongoing for a good few years, the focus has generally always been on investment property and where to buy real estate in the nation to let to the tourism market or to buy off plan and flip for capital appreciation. Little consideration has been given to where to buy a family home in Bulgaria. Because the country is now so easily and affordably accessible and is a member of the European Union, it is a location on the radar of the increasing number of Britons considering expatriating to live abroad to find a better life. Therefore we thought it was high time that some proper consideration was given to attractive locations for living in in Bulgaria. The coastal towns of Byala and Obzor are... more
Bulgarias Authorities Fail To Stop Overdevelopment Of The Black Sea Coast 14/03/2008
The massive overdevelopment of Bulgaria's Black Sea coast continues. The new law, which came into force at the beginning of the year to regulate construction in the area, seems to do nothing much to limit the worrying trend. Local media in Burgas alarmed that the building of a five-story hotel began on the beach near the ancient town of Sozopol, north of the resort Tsarevo on February 21. They argue that the construction site is illegal as it falls in a zone protected under the EU's Natura 2000 network. Ecologists scored some points with the recent structural plan for the Tsarevo municipality, located on Bulgaria's southernmost coast near the border with Turkey, which will prohibit construction in the area of the Veleka River's mouth, the Silistar zone and the forests... more
The massive overdevelopment of Bulgaria's Black Sea coast continues. The new law, which came into force at the beginning of the year to regulate construction in the area, seems to do nothing much to limit the worrying trend. Local media in Burgas alarmed that the building of a five-story hotel began on the beach near the ancient town of Sozopol, north of the resort Tsarevo on February 21. They argue that the construction site is illegal as it falls in a zone protected under the EU's Natura 2000 network. Ecologists scored some points with the recent structural plan for the Tsarevo municipality, located on Bulgaria's southernmost coast near the border with Turkey, which will prohibit construction in the area of the Veleka River's mouth, the Silistar zone and the forests... more
Be Aware Of The Pitfalls Buying Property In Bulgaria 18/03/2008
AN overseas’ property expert has warned that UK investors can make many mistakes when buying a home in Bulgaria. David Hollands said: “There can be a few gems to be found, but you have to know what you are doing or have a tried-and-trusted partner with you all the way to the bank. “It is more difficult to buy now because there are many more rules and the legal administration is better managed. “The most popular locations to buy that will bring the best returns will be the rural affluent regions, those that compare to middle Italy and mid-France. “Newly-built cottages and farmhouses with gardens and stunning views start at Ј35,000.” Here are some tips from David to help avoid problems. As Bulgarian property is cheaper, what seems a bargain and too good to be true, often is. Just... more
AN overseas’ property expert has warned that UK investors can make many mistakes when buying a home in Bulgaria. David Hollands said: “There can be a few gems to be found, but you have to know what you are doing or have a tried-and-trusted partner with you all the way to the bank. “It is more difficult to buy now because there are many more rules and the legal administration is better managed. “The most popular locations to buy that will bring the best returns will be the rural affluent regions, those that compare to middle Italy and mid-France. “Newly-built cottages and farmhouses with gardens and stunning views start at Ј35,000.” Here are some tips from David to help avoid problems. As Bulgarian property is cheaper, what seems a bargain and too good to be true, often is. Just... 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
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
New Tourism Complex To Be Built In Bulgarias Sandanski 12/03/2008
Bulgaria’s tourism investment company Royal Holidays will construct a complex in the town of Sandanski. The complex, called Sun Dance, will be completed by the autumn of 2007, Dnevnik daily said. Its official opening will be held in October 2007. Sun Dance will consist of a four-star hotel and nearly 60 apartments located in 10 houses. The hotel will dispose of six one-bed rooms, 66 two-bed rooms and eight apartments, lobby bar, restaurant, conference centre, night bar, spa centre and casino. Each house will have six apartments, located on two floors, Dnevnik said. The apartments’ area will vary from 63 to 120 sq m. Royal Holidays owns several big touris, complexes, mainly in Bulgaria ’s mountain resorts. more
Bulgaria’s tourism investment company Royal Holidays will construct a complex in the town of Sandanski. The complex, called Sun Dance, will be completed by the autumn of 2007, Dnevnik daily said. Its official opening will be held in October 2007. Sun Dance will consist of a four-star hotel and nearly 60 apartments located in 10 houses. The hotel will dispose of six one-bed rooms, 66 two-bed rooms and eight apartments, lobby bar, restaurant, conference centre, night bar, spa centre and casino. Each house will have six apartments, located on two floors, Dnevnik said. The apartments’ area will vary from 63 to 120 sq m. Royal Holidays owns several big touris, complexes, mainly in Bulgaria ’s mountain resorts. more
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