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UK citizens lead EU settlers in Bulgaria
rightmove.co.uk
Statistics from the Bulgarian National Statistical Institute (NSI) show that as of February 2011, there are 36,723 foreigners living in Bulgaria, accounting for 0.5 per cent of the country’s population. Twenty-three per cent of these are from the EU, including 2,605 UK citizens and 1,253 Greeks. The largest groups of foreigners in Bulgaria are Russians, numbering 11,991, and Ukrainians (3,064).
“The data shows that the biggest groups of foreigners living permanently in Bulgaria include citizens of the countries from which there are most property buyers in the country – mostly from Russia and the UK,” said Polina Stoykova of agent Bulgarian Properties. “This shows that apart from investment purposes part of the foreigners’ interest in real estate in Bulgaria was for the purpose of permanent living.”
The NSI stats also showed that in the last decade the number of homes in Bulgaria has increased by 5.4 per cent and that the biggest rise has been in the regions of Bourgas and Varna.
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29/February/2012
BULGARIAN PROPERTIES
Varna Airport is announced to open on 29.02.2012 and it is ready to welcome guests and tourists from various destinations. The airport will renew operations after it was closed for a few months for renovation.
The project of Fraport Twin Star Airport Management for renovation of the airport pistes, in which the company invested nearly 40 million BGN, sgarted on 15th Oct, 2011. The ... read more
08/August/2011
BULGARIAN PROPERTIES
The Bulgarian government has decided to give the airport in Balchik to the Ministry of Transport, Information Technologies and Communications. The government intends to turn it into a civil airport.
At present Balchik Airport is an inactive military airport. The change in its function will improve the flight services along the Bulgarian Black Sea coast, especially during the high s... read more
09/December/2011
www.ipsbmv.com
What do the distressed markets mean for the property investor? In a nutshell it means low prices and banks turning their attention from the developers to those who can actually afford to buy property from them. This means some fantastic mortgage deals in excess of 100% LTV in some areas and unbelieva... read more
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