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Property News

Bulgarian property prices strengthening up to 12 percent
2017-05-26
A recent report by the Association of Real Estate Brokers has highlighted growth in Bulgarian real estate prices of up to 12 percent when compared to the same period last year.    After a rocky few years since the credit crash in 2008, Bulgaria’s property market began to stabilise in 2015 and many brokers have seen a noticeable upswing in sales and proper

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14 Year Anniversary
2017-05-26
Happy Birthday to Blackseavillas!   We find it hard to believe but it has been 14 years since we first opened our doors to customers. It all started with humble beginnings in a little office off a main street in Balchik.   Since then, we have gone on to help well over a thousand clients to successfully buy their dream property in Bulgaria.   As a specialist

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Building works in Bulgaria: What are the costs?
2016-05-04
Set in a sunny corner of Europe, Bulgaria has much to offer holiday makers and holiday home owners a like. Great weather, low cost of living, friendly people all of which are about 3 hours from London airports. And with houses costing as little as 7 000 Euros (fully freehold, no strings attached!) it is becoming a very popular choice for those that want a house in the sun

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Good economic growth in March for Bulgaria
2016-03-29
Growth across a broad range of Bulgarian industries has exceeded expectations this March according to new figures.   Industry, retail and construction have all increased more than previous month’s despite continued unsteady economic times.     The figures released by the National Statistical Institute have shown that the construction industry in March

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Visiting Varna? Here are the Top 10 Things you should
2015-09-11
Prior to going on holiday I always like to have a look at Trip Advisor. No doubt most of you have done the same…after all, no one likes to be stuck on holiday with nothing to do (especially if there are children to entertain!).   With a handy voting system and plenty of comments, Trip Advisor is a bit like getting a recommendation from a friend…albeit th

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Varna Football Stadium Gets Renovation grant
2015-09-11
There is good news for Varna football fans as FC Cherno More (Black Sea FC) has been given a grant to improve their Ticha Stadium.   As part of the Bulgarian government’s drive to improve football and sporting facilities in the country, a 1 million BGN (approximately 500,000 Euro) grant has been awarded to the football club.   The grant will be used to impr

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Funding boost for Bulgarian agriculture
2015-09-08
Bulgaria's Agriculture Minister, Desislava Taneva, has rolled out a new phase of the Rural Development Plan and is offering 50 Million Euros of funding to Bulagrian farmers.   The funding is aimed at the purchase of agricultural equipment to help push forward Bulgaria's agricultural industry which potentially is a significant part of the country's econom

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German investment interest in Bulgaria increases in 2015
2015-09-08
Investment interest from German firms has increased over 2015 according to a statement on Wednesday by Bulgarian Economy minister Bozhidar Lukarski.   Lukarski, who opened German firm Kaufland’s 54th store in Bulgaria, noted that Kaufland’s continued expansion within Bulgaria is a sign of the Bulgarian Government’s positive attitude towards foreign i

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20 Facts you didn't know about Bulgaria
2015-09-11
Bulgaria is a small country, one of the smallest in Europe in fact, but it certainly packs a punch. A country with a long and diverse history, this country should truly be on the “must visit” list of any serious traveller. Offering everything from fantastic food, great weather and incredibly varied landscapes, there is so much more to Bulgaria than what meets

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Balchik to invest 600 000 Euro in international festivals and infrastructure in 2015
2014-11-11
According to BTA wire service the municipality of Balchik will be investing about 600 000 Euro in tourism development program in 2015. Part of this amount is meant to be used for popularizing various international festivals held in Balchik - "Days of Classics" musical festival, the International short film festival "In The Palace", the internationa

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Prices in Bulgaria twice cheaper than EU average
2014-06-20
According to recently published survey of the EUROSTAT, prices in Bulgaria stand at only 48% from the EU average among all 28 EU Member countries. The survey includes 2 400 goods and services, grouped in 6 categories. Food prices, in particular, are at 69% from EU average. Source: www.fakti.bg

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4th Golf course near Balchik in planning
2014-11-17
This new golf course is to be built in Momchil villa area between Albena resort and Balchik neighboring the main Varna – Constantsa (Romania) road. The golf course would be built on a territory of more than 1 500 decares, 840 decares of which the golf course itself. The rest of the terrain would be used for technical infrastructure, administrative and commercial

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Hemus motorway conecting Varna and Sofia is the newest top priority strategic project
2014-11-21
Bulgaria's new/old Regional Development Minister Lilyana Pavlova recently stated in a TV interview that Bulgaria will seek a long-term loan of around 0.5 BGN from the European Investment Bank and the World Bank to finance the project, which shall be paid off for a 17 year term. The total length of the motorway is just short of 420km and at present only about 38% of the

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