Real Estate News
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16.02.2011
Residential Bulgarian market in January 2011 was double than January 2010
2010 was a difficult year for the Bulgarian property market a whole. We observed drastic drops in the property prices in all segments. But in the last quarter of 2010 appeared indications for...
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26.01.2011
Extension of re-registration of Bulgarian limited companies
As you know till the end of this year all Bulgarian companies had to re-register. With the new adopted law the deadline for re-registration of companies is extended with one year. The term and...
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28.09.2010
House prices fell during the second quarter of 2010
Data from the National Statistical Institute highlighted that house prices fell during the second quarter of 2010 by an average of 0.8 %. This is a good opportunity for all customers looking for...
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03.09.2010
The lowest rents since 2002 are offering on Sofia’s main street
The lowest rents since 2002 are offering on Sofia’s main street, according to consulting company Forton International
As of August 2010, prices are around 55 euro a sq m for a store on... -
25.06.2010
Re registration of your Bulgarian company
If you have open company in Bulgaria and own property or through a registered company the Bulgarian government now requires that you re-register the company by the end of 2010 only if your...
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14.05.2010
Property market in Bulgaria
The most searched properties in Bulgaria are two – bedrooms apartments with iving area of 60 – 70 sq.m. The average amount, that the buyers pay at the moment for such housing in some regions in...
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29.03.2010
Bulgaria destination for many Romanian tourists over Easter holidays
According to the report, about 10 000 Romanians will head south across the Danube to Greece and Bulgaria. They are preparing to come on the Bulgarian Black Sea coast in force over the Easter...
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16.02.2010
New project for attracting tourists and buyers in Bulgaria
In Bulgaria is developing a new project for attracting more tourists. This will be implemented with “Eden’’ (Paradise) program, approved by European Commission. The program is aimed for...
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04.02.2010
Yang people – the most active clients on the Real Estate market in Bulgaria
The number of yang people who are buying properties in Bulgaria is increasing. According to buyers who area between 25 and 35 years old, now is the perfect time to own property, as the trend of...
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21.12.2009
Today is the first day of astronomic winter
Today 21st of December is coming the first day of the astronomic winter in Bulgaria. It is the shortest day of the year. The night is the longest.
This night at 19.47 will come the... -
05.11.2009
Bulgarian property market
The number of property deals taking place in Bulgaria has almost halved over the past year, a new report has concluded.
Research carried out by Raiffeisen real estates found that processed... -
05.10.2009
Only 2 BGN to be the minimum foundation capital for company registration in Bulgaria
At this moment ,Bulgaria is one of the countries in the world with the lowest minimum foundation capital.
According to Executive director of the confederation of employers and industrialists... -
28.09.2009
British buyers return in Bulgaria
Data of the company Conti show that 31 % of all searches on houses abroad by British nationals have been in France, followed by Spain with 22 %.
That’s mean that the Investors from UK are... -
26.09.2009
Restoration of the housing market will go from the luxury segment
Segments of the elite properties will be recovered first from the crisis because of the high quality of properties and intransient value of these properties offer - location, quality, prestige.
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26.08.2009
Perperikon was chief economic center in the Eastern Rhodopes
Newly discovered ancient and medieval inscriptions of Perperikon define it as a significant commercial and economic center in the Eastern Rhodopes in 4-5 century.This announced professor Nikolai...
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26.08.2009
Bulgarian Black Sea properties decreased with 15 percent up to 70 percent
The crisis led to a drastic reduction in property prices, acknowledged yesterday representatives from the industry. The price of the sea real estates fell from 30% to 70% compared to the same...
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21.08.2009
Stable development of the property market remains a priority despite crisis
The stability development of the real estate market remains among the highest priorities for business despite deteriorating climate. This was showed by the latest global survey of the problems of...
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19.08.2009
Housing Prices in Bulgaria Continue to Decline
Between January and June, housing prices decreased by 23 per cent on average compared with the same period of 2008. Experts expect prices to continue to decline at least by the end of the year.
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27.07.2009
Property price have fallen by nearly 10 per cent in the second quarter
The index of market prices of the houses for the second quarter of 2009 toward the first quarter of 2009 is 90,3%. That means that the average reduction of the market prices is 9,7%.
This... -
23.07.2009
Experts Recommend Buy to Let for Properties in Bulgaria
The credit insulation, Creditex, reported that the prices of the residential properties in Bulgaria are decreasing faster than the rents, based on information provided by agencies for real estates....
To anyone thinking about buying a property in Bulgaria I hope that I can help with my very bad experience (with other agency)that cost me several thousand euro's with a property I hoped would be my dream home and after paying my deposit and appointed the company to sort out the notary deeds I thought great I have my home in Bulgaria, after waiting for a month with no communication with the company I contacted the company and was told not to worry should all be sorted in about a week to cut a story short this went on for almost four months and not once did they communicate with me it was always me contacting them by now I was starting to worry that all the stress that I was suffering was not worth it shortening my life (I am75) so I told them to cancel the contract I didn't want the house anymore because I was getting very bad feelings over everything and back came the reply (yes you guessed it) should all be sorted in a week I replied yes but there's 52 week's in a year and I can't wait to find out which one so I gave up on my dreams of living in Bulgaria but then after a couple of weeks I decided I would try just once more and decided to try Bulgarian House and I can't tell you the difference between the first company of similar name to Bulgarian House was chalk and cheese. I was of course still very sceptical about dealing with them but after my first email to them and and the reply I received I felt like this is so different then over a short period of time searching through all the properties that fitted with my criteria I received so much help and additional property details I replied back that I have a short list of just over a hundred to which came back a reply "Are You Trying To Kill Me" but okay we can sort it all out and then I replied I was joking I only have about twenty I would like to see and after several emails and some professional banter I was so at ease with the company and made my travel arrangements to visit and view Kiki then recommended a hotel for me and after agreeing Kiki then made all the reservations for me. When I arrived at the hotel it was late and ready for a good night's sleep and then true to her word she called and asked me if all was okay and that she had arranged for me to visit all the properties I had requested over a three or four day period some of them in the Elhovo area and was showed them by one of her colleges Elvera once again a great lady that was only pleased to help and showed me other properties I might like but over the time viewing all the properties I was showed around the different area's to help me make my decision more easy and after three fairly busy but extremely enjoyable days I had a day to myself for recapping all I had seen as Kiki had an appointment with another client but even then she found time to call me and asked if I had any questions to which I replied no you did a fantastic job explaining everything as we viewed but I had one property I wanted to view again, Kiki called me back within the hour and had arranged with the owner to view the next morning, I viewed the house and had a little haggle with the owner and agreed a sale then Kiki spent the rest of the day taking me to all the major shops etc that would be of interest then went for a coffee and she arranged for me to visit the bank the next day and open a bank account then a visit to the solicitors to grant her power of attorney to act on my behalf all done, that evening Kiki and her son David (great little five year old man) showed me around Kazanlak and as it was December we went to watch a fantastic musical extravaganza in the square, what a great way to end the day and my time in Bulgaria. The whole process from agreement of sale including payment and transfer of the notary deeds all done in under two weeks that the other company could not do in over three months, so please please listen to a man who has had bad and good experience in buying a Bulgarian property Don't waste time and money looking around go straight to the best and forget the rest. As we all know that the virus is stopping us traveling and you might not be able to view as I can't go back to my house and start working on it but I can put my hand on my heart and say Kiki and Elvera can both be trusted to give you a 100% true assessment for the property of your choice and can proceed with conference. I can't wait to get back to Bulgaria and have a big BBQ for all the people I have made lifetime friends with and without Kiki it would not have been possible. John and Xiaohui
— John Johnson, UK