| Варна |  | 10°C |
| София | | 10°C |
| Бургас | | 11°C |
| Добрич | | 11°C |
| Балчик | | 9°C |
| 1.66 |
| 2.19 |
| 1.96 |
| 1.67 |
Property News
Bulgaria Sees Second-Highest Annual House Price Increase in EU for Late 2023
2024-07-07
April 4 (SeeNews) - Bulgaria experienced the EU's second-largest annual house price increase in the last quarter of 2023, rising by 10.1%, with Croatia following closely at 9.5%, according to Eurostat's report on Thursday.
When comparing quarterly data, Croatia saw the second-highest house price increase within the EU and the highest among Southeast Eu
Exploring the Hidden Gems of North East Bulgaria
2023-06-30
Exploring the Hidden Gems: Discover the Inland Charms of Bulgaria's Northeast Black Sea Coastal Area
When we think of the Black Sea coast, images of pristine beaches and vibrant coastal cities often come to mind. However, tucked away in the inland region of Bulgaria's northeast Black Sea coastal area lie some hidden gems that offer a different perspective o
Living in a Bulgarian Village as a British Expat: Experiencing rural life in Bulgaria
2023-04-21
If you're a British expat looking for a unique and authentic experience, living in a Bulgarian village could be an enriching adventure. Bulgaria, known for its rich history, picturesque landscapes, and warm hospitality, offers expats the opportunity to immerse themselves in rural life, away from the hustle and bustle of the city. In this article, we'll take a close
How do you apply for a Visa D in Bulgaria?
2023-04-15
If you're a British citizen looking to stay in Bulgaria for an extended period of time, you may need to apply for a D visa. In this article, we look at the steps involved in applying for asuch a visa.
Firstly, determine if you need a D visa: British citizens who plan to stay in Bulgaria for more than 90 days within a 180-day period need to apply for a D visa. If
Living Costs for Retired Couples in Bulgaria vs. UK
2023-04-15
Retirement can be an exciting time to explore new options and experiences, including living abroad.
Bulgaria is a popular destination for retired couples seeking an affordable and peaceful lifestyle. There are numerous reasons why Bulgaria has become an increasingly popular choice for those wishing to start a new life in the sun with lower living costs and in this article
Popular historical hotspots around Dobrich and Kavarna
2023-04-15
If you're a tourist interested in exploring the historical sites between Varna, Dobrich, and Kavarna in Bulgaria, there are plenty of options to choose from. It's an area rich in history that dates back over 5,000 years!
If you're planning a visit to the area and have an interest in the history of this beautiful part of the world, then we have got some places
Steps involved for a British citizen to open a Bulgarian Ltd company
2023-04-15
You may have been looking at properties for sale in Bulgaria for a little while and may be have found a particular area that you would like to focus to. Maybe you even have spotted the perfect property!
As you do your research, you will come across the requirement for British citizens to set up a limited liability company within Bulgaria in order to own a freehold propert
Property price changes in the Dobrich region between 2000 and 2022
2023-04-15
The history of the property market of a certain region can tell you a lot about where prices are expected to go in future. We are often asked how prices have changed in the north eastern Black Sea coast region and having been established for 20 years this year, we have seen big shifts over the years, including highs and lows.
This article is aimed at providing a gen
How are property prices likely to change in the Dobrich region over the next 5 years?
2023-04-15
Dobrich, a city located in northeastern Bulgaria, has experienced significant changes in property prices over the past few decades, reflecting the country's economic and social development. As the real estate market in Dobrich continues to evolve, many are wondering what the future holds for property prices in the city and surrounding region. In this article, we will p
What are some of the most popular Bulgarian dishes?
2023-04-11
Bulgarian cuisine has a rich and diverse culinary tradition, with influences from the Balkans, Mediterranean, and Eastern Europe. Here are some of the most popular foods in Bulgaria:
Banitsa: This is a traditional Bulgarian pastry made with layers of phyllo dough and a filling of eggs and cheese.
Kebapche: This is a grilled minced meat dish, similar to a kebab, made with
When are property taxes due in Bulgaria?
2023-04-13
In Bulgaria, property taxes are due annually and must be paid by the end of April each year. The specific due date may vary slightly from year to year, but it is typically around April 30th.
Property owners in Bulgaria should receive a tax assessment notice from their municipality indicating the amount of property tax they owe and the due date. It is important to pay prop
Bulgaria received first payment of over 1 Billion euros from EU
2023-01-10
Bulgaria receives first payment of 1.37 Billion from EU Recovery Plan
This month the European Commission transferred the first payment as part of a wide-reaching National Recovery Plan. The payment was made after Bulgaria met 22 key milestones and targets relating to the national recovery and resilience plan.
A key focus of the recovery plan is to decarbonize
Significant growth in Varna’s job market seen in February
2022-03-22
After nearly two years of relative stagnation due to the Covid pandemic, there has been very positive news for the job market in Bulgaria’s largest coastal town. A fifty five percent rise in job offers was seen in February 2022 compared to the same period in the previous year.
Despite rising costs due to inflation and economic uncertainty from the past two yea
Summer fun and festivals in Balchik coming this summer
2022-03-25
If you are coming to the Black Sea coast this summer, the historic seaside town of Balchik is hosting a wide range of cultural events for visitors including exhibitions, musical, ballet productions and much more.
March will feature an art exhibition; “Birds – Heavenly Messengers or what?’ with a wide variety of exhibits from Pomorie’s Histori
Fly Direct to Varna from London with Wizz Air
2022-02-03
Low cost airline Wizz Air has announced new routes from London Gatwick to Varna airport starting this June. The firm has announced four flights per week leaving from one of the largest UK airports.
The airline already operates flights to Sofia and has been flying from the UK to Bulgaria since 2005. This year marks the first time in three years that the firm has increased
Travel Restrictions to Bulgaria Lifted for 8 Countries
2020-06-22
The 14-day quarantine for those arriving in Bulgaria from 8 countries is abolished.
This is stated in the order issued today by the Minister of Health.
As of tomorrow, June 18, the 14-day quarantine for those arriving in Bulgaria from Iceland, the Kingdom of Norway, Switzerland, the Principality of Liechtenstein, San Marino, the Principality of Andorra, the Principality
Covid-19 Advice for UK Nationals Travelling to Bulgaria
2020-06-05
[UPDATED 04/06/2020]
1. TRAVEL BAN
• Effective from 1 June, the travel ban for all UK nationals to enter Bulgaria has been lifted. However, please, bear in mind that the Foreign and Commonwealth Office currently advises British nationals against all non-essential travel worldwide.
• All those arriving from the UK, regardless of nationality, must self-isolate
Annual Property Taxes for Bulgarian Properties
2020-04-15
We are often asked about property taxes in Bulgaria and like with many countries, annual property taxes do apply in Bulgaria. This is the bad news.
But the good news is that property taxes in Bulgaria are low. To give you a rough idea, a cottage that is valued at around 10 000 Euros will have an annual property tax of around 30 Euros. The higher the value of the house th
Bulgarian Quarantine and Covid-19 update
2020-04-01
The Bulgarian Health Ministry has confirmed that the present Covid-19 measures will continue until April 12th (inclusive) in a recent statement.
A lockdown will remain in place during this time however essential services will remain open following strict sanitary and hygiene requirements. In line with many other European countries, citizens are asked to sta
Virtual Viewing Trips
2020-03-18
With travel restrictions currently in place for Bulgaria due to the Covid-19 outbreak we understand many of you have had to cancel or change plans to view property.
This is very frustrating for those that want to act quickly and to help, we are able to offer virtual viewing trips.
For properties within a 1.5 hour distance of Varna there is a deposit of 40 Euros which is
Brexit and buying property in Bulgaria
2019-04-03
Brexit is dominating news in the UK, as Parliament struggles to implement the decision of the British people in the referendum of 2016 to leave the EU. Whatever happens, it’s very likely that the U.K.’s relationship with the EU will be different in the future.
The uncertainty and change is making many who wish to buy property in the EU anxious. They fear that
Investing in Europe's safe haven
2019-02-13
A safe haven should be politically stable, have low inflation, low taxes, low government debt and strong economic growth. Bulgaria fulfils all those criteria.
In recent years, Bulgaria’s economic growth approaches 4%, with low inflation. Bulgaria’s prudent public financial management contributed to a balanced budget in 2016 and a near-balanced budget for 2017
6 new flights from Varna to Liverpool, Berlin, Hamburg, Cologne, Paris and Copenhagen
2018-12-12
The low-cost carrier Wizz Air adds 6 new flights from/to the Bulgarian seaside capital of Varna. The airline will serve the flights from 01st July 2019. The new destinations are Liverpool, Berlin, Hamburg, Cologne, Paris and Copenhagen.
In regards with the new flights one more airplane Airbus A320 will be based in Varna. The new line will open 35 working places.
In the f
16+1 Summit in Sofia to Strengthen Trade Relations with China
2018-08-18
The seventh 16+1 summit was held in Sofia with the aim of improving trade relations and cooperation between Eastern Europe and Asia.
Speaking at the forum China's Premier, Li Keqiang, said China would continue opening its market to Eastern European countries and implement reforms to fuel economic growth.
"Opening up has been a key driver of China&rsq
Bulgarian Construction Industry sees 25% Growth
2018-03-13
Recent data released by the National Statistics Indstiture (NSI) showed that the construction industry in Bulgaria has seen significant growth in January 2018 when compared to the same period in 2017.
Seasonally adjusted data showed an increase of 5.1 percent compared to the previous month and a 24.2 percent growth year on year.
Bulgaria's construction industry
Varna: Bulgaria’s Seaside Capital
2017-10-26
Often referred to as a jewel on the Black Sea coast, the city of Varna boasts an attractive beach and coastline but it is much more than just a seaside city. It offers a rich cultural history making the city a joy to explore.
In the centre of Varna’s cultural quarter can be found some of the largest Roman baths in Europe. In the city’s Archaeological Mus
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
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
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
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
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
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
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
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
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
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
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
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
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