Purchase limit for Bulgarian land plots
Prof. Dimitar Grekov, Bulgarian Minister of Agriculture intends to restrict the purchase of land plots for foreigners. This decision made by the Bulgarian Parliament was the reason of a series of intensive discussions in the Bulgarian society and this could probably exert influence on Bulgaria’s relations with the European Union.One of the major conditions for a foreigner that is willing to buy a land plot in our country is that this foreigner has to have minimum two years of previously registered agricultural production. This measure is taken due to the fact that the state itself also needs to take care of the land irrigation and also to make investments.
The decision is influenced by Denmark and Hungary that has proposed purchase restrictions of land plot. The moratorium on the sale of agricultural land is decided to be prolonged according to one of the decisions of the Bulgarian Parliament. Bulgaria is not trying to ban land plot sales but they are restricted.
Another restriction measure proposed by the Bulgarian Minister of Agriculture is the ban of long term tenant contracts concerning the sale of the fields at the Bulgarian borders. Land plots that are situated especially close to strategic objects of the country are forbidden to be presented for sale, local media report.
Buying property in Europe from the other side of the world, presents all manner of difficulties, even before one factors in the current martial law in Philippines , and Brexit ( for a UK passport ) in Europe. I had previous experience of buying in Bulgaria, and already knew a number of local agents. Kunka, I came to know about a year before I finally managed to make the return... she admitted that the extraordinary set of circumstances I faced, took more than a little understanding, since they seemed unbelievable. Nonetheless, she neither flinched, nor blinked, and with utmost patience, helped me through not only the purchase, but a whole heap of other problems. Both she and Hristov were kindness itself, and always stood ready to assist. Not only were they very capable as agents, and professional in every way, but their assistance has been extremely welcome, given the immense difficulties faced. With experience of agents here and internationally, I'm happy to offer the highest of recommendations for their professionalism , help well beyond the terms of house purchase, and for their sincerity and friendship. Andrew Davies
— Andrew Davies, UK