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....
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Being an American, I want to write a review that is specific for US buyers, it’s going to be as long as the review from the gentleman from the UK. :) The process for purchasing property in Bulgaria requires the assistance of lawyers. Because we are not in the E.U. there will be additional steps to take that require a visit to the Embassy in the US or if that is not possible, some extra steps to officiate paperwork in Bulgaria. For these reasons you must work with someone very professional, knowledgeable, and of course, trustworthy. I can tell you that Kiki is all of those things and right to the point: she is an expert. For Kiki, she makes the process as easy as breathing. She’s extremely knowledgeable about purchasing property under any circumstance, for any nationality, and even during a global health scare. Nothing whatsoever was any hurdle or issue. Because of the different issues US citizens face, I will be quite lengthy in this review, to review Kiki’s expertise and professionalism, and review the process of investing in Bulgarian property using bulgarianhouse.com.??I chose to purchase property online, totally remotely due to the health crisis. I am located in NY and it was not possible to travel during the restrictions. I have lived in Europe before, I am familiar with the lifestyle, the land, and country villages, so I personally had no hesitation about wanting to invest in a Bulgarian country home, having never been there. For those considering buying remotely I will say that the village is as important as the house. You can use Google earth, research the village names, and watch videos and video travel vlogs about all of them on Youtube. Kiki has dozens-hundreds of listings, she works very fast and you will have many excellent options. From start to finish it was only a few steps of getting documents officiated at the Embassy. I made a mistake and didn’t get the right stamp at the NY Bulgarian Embassy, and within one hour of us realizing it, Kiki had emailed the Embassy, and texted me the agent’s personal phone number -so that I could get a new appointment, first thing the next morning. Which I did.Can you even imagine anything like that in America? This is how Kiki works. Everything is taken care of by Kiki, the expert. This extended everywhere I went. Bulgarian people working at the Embassy: they will treat you like royalty. At every step of the way, I became more sure and more excited about every aspect of this process, and my investment.? There are (minor) extra legal steps taken in Bulgaria to complete the process and all of it must be done in Bulgarian and with the help of a lawyer. Here Kiki being an expert and having everything worked out professionally, means this will also go quickly and easily. I feel like I snapped my fingers and it was over because of Kiki making everything so easy for me. I now own my dream country home that my family and I will love to fix up and enjoy. Kiki went an extra step to send updated photographs to me, and I was so pleased to see there were extra rooms in the house that I had not seen in the listing, and lovely buildings on the edge of the property which I am thrilled about. From this process I feel like I got more than I paid for because of the extra service that Kiki offers her clients. It would be unthinkable for me to buy from anyone else and we are already looking at other properties for the extended family.??A note about buying remotely: times have changed. Because of the health scare, many businesses went exclusively online. I work in renovation, design and construction, so I feel ok sizing up properties from images, knowing I have the experience to handle it. For those that don’t, I think you can rely on Kiki to make excellent recommendations for what you need, and she will be honest about every condition of every home, and she’s very good at this type of help as well. For me, because of what it would cost for airlines and hotels to visit first before purchase, I decided I would rather put that money in the purchase of the property itself, and I’m so glad I did. For other Americans considering investing in homes and property in Bulgaria, I can’t say enough positive things about my experience and how happy this has been for me, and I would not even consider working with another agent than Kiki and bulgarianhouse.com. To any American reading this with any hesitation about the ease of this process, don’t have any stress or concerns whatsoever. I was told exactly what would happen, and then it did exactly as explained. Incredibly, even with me not speaking Bulgarian and a major time difference, it literally could not have gone any better, there was no stress whatsoever, and it has made me and my family very happy.
— Kim Holleman, United States