Latest News

29.11.2006 BULGARIA UPS PROPERTY TAX VALUATIONS BY 20%

Novinite.com

Property tax valuations will be increased 20% as of the beginning of 2007 under amendments to the local taxes and fees act. Bulgaria's parliament adopted the amendments on Wednesday, citing an increase in market prices over the last year.

The latest update of property tax valuation levels in Bulgaria was made at the end of 2005, when they were raised by up to 50%.

The new increase will not only boost, but even exceed the "Building" tax, which is estimated on the base of valuation taxes.
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LATEST REGIONAL NEWS
The Military Airport of Balchik to Become a Civil Airport

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

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Latest News
Russians are the main buyers of beach properties

26/August/2011
Veselina Foteva, Dnevnik newspaper, 25.08.11, ń.II

About 95% of real estate deals on the Bulgarian Black Sea coast in the second quarter of the year are with Russians according to the data of the real estate agency BULGARIAN PROPERTIES. The company’s Chief Operations Manager Polina Stoykova said to Dnevnik newspaper that the Russian speaking buyers are the main players on the seaside holiday home market.

Although the demand is high... read more

LATEST REGIONAL NEWS
Welcome to Bansko Jazz Fest 2011

21/July/2011
BULGARIAN PROPERTIES

The 14th edition of the ever popular International Jazz Festival in Bansko – Bansko Jazz Fest - will take place between August 8th and August 13th in the resort of Bansko, like every year since its founding in 1998. Bansko Jazz Fest is the biggest summer music festival in Bulgaria. Its great popularity among musicians and fans from all over the world has turned it into one of the most important cu... read more

DID YOU KNOW?
Bulgaria, four years after the economic crisis hit

16/March/2012
www.bulgariabuyingguide.com

Holiday homes in beach and ski resorts in Bulgaria were hit by the economic crisis earliest and probably the hardest. As a result they lost about 50 per cent of their value compared to their peak value in 2008. At present the markets in Sunny Beach and Bansko are similar in terms of supply and prices... read more

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