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21.02.2005 FOREIGNERS ABLE TO ACQUIRE BULGARIAN LAND

Information by Bulgarian Properties Ltd.

Bulgarian Properties Ltd. are happy to announce that Bulgaria, a country that is looking forward to its admission to the European Union in 2007, has lifted the veto that prevents foreigners from buying land. On Friday, the MPs from all political parties voted for the amendments in Bulgaria's constitution in connection with the land sales, bringing it into compliance with the EU legislation. Foreigners who are not permanent residents of Bulgaria, will be able to purchase land after a seven-year transition period.

You can read an article about the constitution changes here
Information by BBC News


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pochivka.com

A new terminal is planned to be constructed at Varna Airport at the end of the summer. It will be built by the concessionaire of Varna Airport and the terminal will cost 30 million Euro.

The aim of the construction of the new building is to offer more amenities to the passengers, modern systems for luggage servicing, commercial areas and a fun zone. The interior of the terminal wil... read more

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On December 17th Bansko – the winter capital of the Balkan Peninsula – officially opened the new 2011/2012 ski season. Some of the official guests at the event were the Bulgarian ski legend Petar Popangelov and Bansko’s honorary citizen - Marc Girardelli.

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DID YOU KNOW?
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www.propertyshowrooms.com, 19 March 2012, excerpt

The value of real estate in Bulgaria has fallen by approximately 50 per cent since its peak in 2008, with both ski and beach resorts hit the hardest by the downturn in the market.

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