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Eu Entry Makes Bulgaria Attractive To Second Home Property Seekers

Foreigners buying property in Bulgaria are aware of local regulations since in most cases they use the services of Bulgarian companies that deal with legal issues, representative of Home for You Ivan Goranov said.Goranov responded to an article that appeared in Daily Express saying that a number of British property seekers were cheated in Bulgaria. Problems occurred since foreigners do not own the land on which their apartment or house is built.The Daily Express article is exaggerated,... [more]


Natura 2000 Consequences For Bulgaria

A series of four actions representing four of the classical elements – wind, earth, water and fire – will be presented in front of the Cabinet at Nezavisimost Square for four consecutive weeks, every Thursday at 9.30am. In this way, activists will show the extent of their support for the Natura 2000 environmental network in Bulgaria. They insist on 33 per cent of the country’s territory being protected by law. The first action, on April 19, saw environmentalists bursting... [more]


New Construction Boosts Property Market In Bulgaria

The constantly growing provision of new construction and the low supply of panel residential property boosted the activity on the market in the first months of 2007.House sales in villages near major cities also influenced market dynamics, research of Address real estate agency showed.Many owners decided to announce their offers after holding on to their property until Bulgaria joined the EU, Dnevnik daily reported. The new prices offered are 20 to 30 per cent higher.Despite the significant... [more]


Bulgaria’s Razlog Turns Into Golf Property Centre

Golf courses and the nearby located facilities and vacation complexes turn out to be the new interest of real estate investors in Bulgaria.Such complexes have already appeared close to Bulgaria’s leading summer and ski reports.Razlog, located close to Bansko winter resort, turns out to be the fastest developing golf property destination in the country, 24 Chassa daily reported.The municipality hosts six golf courses. The first major golf complex, Pirin Golf Holidays Club is under... [more]


Bulgaria Achieves Progress In Labour And Social Policy Sector

Bulgaria achieved progress in the sphere of labour and social policy, German vice chancellor Franz Muentefering said during a meeting with Labour and Social Policy Minister Emilia Maslarova.Maslarova traveled on an official visit to Berlin.During the meeting, the two officials discussed Bulgaria’s fast integration and progress since it became EU member.The country will receive good evaluation for its support for the introduction of more social policies in European legislation. These... [more]


First tourists for Summer Season 2007 already arrived in Sozopol.

The group is from Russia and will rest in the Bulgarian coastal town for 14 days, reported from the local Tourism Council. The early start of summer and the applications till the end of September promises one successful resort season, believe experts.They expect more tourists from Russia, Hungary and Slovakia. The resort of Sozopol waits for Western visitors- French, English and Scandinavians.The set applications are 3 times more than the previous year.In the moment a bed per night plus... [more]


Residential Property Prices In Bulgaria Up 22.6 Per Cent In First Quarter Of 2007

The average residential property prices in Bulgaria for the first quarter of 2007 reached 988.2 leva per sq m, data of National Statistical Institute (NSI) showed.The price increase is 9.3 per cent compared to figures for the last quarter of 2006 when the average price reached 904 leva per sq m, investor.bg reported.Most expensive apartments in the first quarter of 2007 were offered in the coastal city of Varna, where the average price reached 1646 leva per sq m, or a 16 per cent increase... [more]


"I save a life" initiative

This is a road safety initiative which will start today under the patronage of Prime minister Sergey Stanishev. With this initiative Bulgaria joins the first United Nations Global Road Safety Week 23-29 April. The Minister of transport Petar Mutafchiev will present the European Chart for road safety, which unites the efforts of the whole society against road accidents in Europe. The document is set in the approved by the Council of the European Union Program for improvement of the road... [more]


4,700-mile Black Sea ring road plan to boost trade

Twelve countries agreed yesterday to create a 4,700-mile motorway ring road around the Black Sea to boost economic co-operation. The foreign ministers of Turkey, Russia, Ukraine, Greece, Albania, Bulgaria, Romania, Georgia, Azerbaijan, Armenia, Moldova and Serbia agreed on the project at a conference of the Black Sea Economic Co-operation (BSEC) body in Belgrade. Existing roads will be upgraded and linked up under the project. Twelve lorries, one from each country, were sent to test the... [more]


Kin urge EU to press Libya to free nurses

Relatives of Bulgarian nurses sentenced to death in Libya and EU parliamentarians urged the European Union to step up pressure on Tripoli to free them, saying statements of solidarity were no longer enough.The five nurses and a Palestinian doctor, who have been detained in Libya since 1999, were convicted in December of deliberately infecting hundreds of children at a Libyan hospital in the 1990s and sentenced to death.European Union newcomer Bulgaria and its allies say overwhelming... [more]


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