On May 12, 2017, the Deputy Prime Minister in the new government of the Republic of Bulgaria for demography and economic policy, Valerie Simeonov, promised to introduce a patent tax for owners of apartments rented out in the summer. The Deputy Prime Minister made the corresponding statement in front of the cameras of the BNT…
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In the first quarter of 2017, the yield on deposit rates in Bulgarian banks fell to a historically low level. Nevertheless, the amount of money kept in accounts looks quite impressive for a small country – BGN 64 billion. One of the reasons for the popularity of deposits among Bulgarians themselves, according to local experts,…
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Buying shares in Bulgarian companies can bring much more income than investing in real estate or, especially, in bank deposits. This assessment was made by analysts of the business publication Investor.bg, based on the analysis of the SOFIX stock index. Over a 12-month period, as of May 2017, Bulgarian shares increased in price by 49.94%…
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Living standards are determined by two main factors – family income and expenses. As the capital, Sofia is known for its higher incomes compared to other cities in Bulgaria. The fact that there are sometimes not enough funds to cover the monthly expenses of a social unit is another matter.
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More and more of our compatriots living in Bulgaria are interested, and many have been engaged in agriculture for a long time. Experts deservedly consider this industry to be one of the most promising in the national economy. Over the past five years, the percentage of return on investment capital after taxes has been about…
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A couple of years ago, Bulgaria's entry into the Schengen area was almost the main argument of brokers selling Bulgarian real estate. But the "rosy dreams" of visa-free travel in the EU with a personal residence permit card (permanent residence, DVR) in Bulgaria are still dreams, which everyone strives to realize in their own way.
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When the question of buying or renting a home arises, then, as a rule, people begin to weigh all the pros and cons for a long time and painfully. And most Bulgarians have (as well as immigrants from the countries of the former socialist camp – ed.) There is a strong feeling that renting housing,…
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According to the new development plan, Burgas will become even better in the coming years and will turn into a modern tourist city with a unique infrastructure for the Balkan countries. According to the architects and designers, Spanish Barcelona will become an example for the development of Burgas. How will the city develop and transform?
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The authoritative British resource TheMoveChannel.com has compiled its next annual rating of the popularity of real estate in different countries for foreign buyers.
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This year, the number of mortgage loans issued for the purchase of housing in Bulgaria will increase by 15%, analysts say. And they add that the trend towards an increase in the number of borrowers suggests that the national buyer believed in the end of the crisis and the stabilization of the market.
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