Property type:
 Property region: 
 
 
In mountain
In ski resort
On the Sea
In Black Sea Resort
Mineral wather & In SPA
In Village
In City
1 bedroom flat
2 bedroom flat
Maisonette
House
Under 10 000
10 001 - 20 000
20 001 - 30 000
30 001 - 40 000
Over 40 000
House Flour
Town of Plovdiv, Old town
House floor,
160 sq.m., 1 floor
code 00401
185,000.00 EU
Land
Plovdiv District, Sokolitca
Land,
57 dk.,
code 10--1
85,000.00 BGN
Land
Plovdiv District, Zelenikovo
Land,
80 dk.,
code 10--2
500.00 BGN
Flat
Town of Plovdiv, Centre
Three-bedroom,
103 sq.m., 6 floor
code 15
131,500.00 EU
land
Plovdiv District, Trud
Land,
4370 sq.m.,
code 10--2
22.00 EU
land
Plovdiv District, Trud
Land,
2000 sq.m.,
code 10--3
25.00 EU
  About Bulgaria  
Services
About Bulgaria
Why invest
Buyer's guide
Photogallery
nline shop
Free time
Out-of-court
agreements
 
 
Bulgaria is roughly the same size as England and is located on the Balkan peninsula, in its very centre, surrounded by the Black sea to the east, Romania to the north, Serbia and Macedonia to the west and Greece and Turkey to the south. This location provides numerous opportunities for easy travel to surrounding countries. The main road to the Near East and Asia passes through the territory of Bulgaria.

Bulgaria boasts fertile plains and beautiful wooded mountain ranges, including the Balkan range (it had given its name to the whole peninsula), Rila mountains, Rhodope mountains, Pirin mountains, Vitosha mountains, Sredna Gora mountains and Strandja mountains. Between Sredna Gora mountains and the Balkan range is the only one in the world Valley of roses, where the famous Bulgarian attar of roses is being produced. This rose-oil is a compulsory component of every costly perfume. In the recent years the Valley of roses became a place of great interest to many archeologists unique tombs, treasures and Thracian towns were excavated. Thats why the valley is called the Valley of the Thracian Kings too.

There are 38000 immovable monuments of culture registered in Bulgaria and 236 museums that preserve over 5 million movable records left by 7 great ancient civilizations the first European prehistoric civilization, the Thracian, the Greek, the Roman, the Byzantine, the Bulgarian and the Islamic. Such a thing exists nowhere in Europe!

Places to explore include the Black sea coast and its villages and resorts, the mountain trails and ski resorts, and countless villages and monasteries all over the country, the unique Thracian monuments from the time of the Roman empire and before it, the only one in the world Valley of roses - the Valley of the Thracian Kings.
 
 
Temperate continental with clearly marked four seasons. A Mediterranean influence is felt in the countrys southern regions. The average annual temperature is 10,5 C.
 
 
The growth rate of tourism in Bulgaria is the highest in Europe. Most of the tourists visited Bulgaria in the past were interested in our ski and sea resorts, but the number of people who are interested in rural tourism, spa tourism and extreme tourism is increasing every year. At the moment there are four golf courses and by May 2006 the building of another three had begun. It is expected the number of the golf courses to rise up to 40 by the end of 2021. The mild climate can be a reason for prolonging the season on the Black Sea coast up to 8-9 months. The climate in the Valley of roses is the same. The best base for paragliding in Europe and the best base for parachuting on the Balkan peninsula is in the Valley of roses. There are plenty of opportunities for visiting caves, offroad driving, hunting and fishing, cultural tourism, Religious tourism, learning Bulgarian folk songs and dances, arts and crafts, cooking, wine tours, observing of birds, etc. With the variety of its mineral waters Bulgaria became the centre of SPA tourism on the Balkan peninsula. Bulgaria is famous for its medical herbs and its folk medicine too.

According to statistic researches, 60% of the tourists in the world are interested in cultural tourism. In this sphere Bulgaria has a lot of unique things to show . Almost everyone of the Bulgarians has once found Roman or Byzantine coins, weapons from Medieval times or other ancient objects in his land. Bulgaria is an incredible blend of past and present, of East and West, of traditional and modern.

Bulgarias biggest asset is the combination of a diverse and intact natural environment with a valuable cultural and historical heritage, rich traditions and livelihood and, of course, talented and hospitable people.

If we add to all the things said above the exquisite Bulgarian cuisine, where every dish is prepared by ecologically clean and non-organic products, and the world famous Bulgarian wines, one may say that life in Bulgaria is unique.
 
 
Bulgaria is politically stable country and the introduction of a currency board in 1997 stabilized the countrys economy. Since Bulgaria is to become a full member of the EU in 2007, Bulgarian laws are improving and changing in accordance with the laws in the countries in the EU.

Bulgaria has some of the most liberal foreign investment laws in the region. Foreign investment typically assumes one of the following forms: establishing a joint venture with existing companies, state-owned or private; acquiring a company through privatization; setting up a new (green field) venture; or making a portfolio investment.

Real estate prices in Bulgaria are by far lower than other European countries but the scheduled acceptance of Bulgaria in the EU on 1 January 2007 provides unprecedented growth potential that will certainly boost the prices of Bulgarian real estates in the near future. Bulgarian market of real estate is still unexplored and undeveloped to a certain extent, which makes it very attractive and profitable.

For the period 2000-2005 the foreign investments in Bulgarian real estates are for about 560 million euro. The corporations which have special investment purposes and which raise funds for investments in real estates are not included in this statistic. According to the board of financial supervision , these corporations are 18 and their funds measure up over 50 million euro towards March 2006.
 
 
Bulgaria is politically stable country and the introduction of a currency board in 1997 stabilized the countrys economy. However, as is the case in Central and Eastern Europe, legislation, including that governing real estate, is volatile and subject to frequent change. A foreign investor can invest in properties in Bulgaria either directly or through a local entity.
Only Bulgarian-resident individuals and entities can acquire title to land, while non-residents may acquire only buildings and limited rights (e.g. , leasehold and construction rights) to land.
In some limited cases, acquisition of immovable property by non-residents requires prior permission of the Ministry of Finance. Foreign investors are guaranteed full repatriation of profits resulting from an investment in Bulgaria. The transfer abroad can be made only after the bank effecting the transfer is presented a certificate providing payment of all Bulgarian taxes due.

Investing through a local entity versus direct investment

As indicated above, a foreign investor can invest in properties in Bulgaria either directly or through a local entity. In case of a direct investment, the tax treatment of the foreign investors depends on whether or not their activities constitute a permanent establishment.
The definition of a permanent establishment under Bulgarian law is very broad: the mere fact that a foreign company owns and rents out property in Bulgaria (except where such activity is carried out through an independent agent) may create a permanent establishment under domestic law.
The various tax treaties entered into by Bulgaria usually contain a narrower definition of permanent establishment. If the activities of a foreign person owning real property in Bulgaria do not constitute a permanent establishment, the person will be liable for only 15% withholding tax on the rentals and capital gains, unless an even lower rate is applied under a double tax treaty.

Rental income

The basis of the taxable income of a company, investing in Bulgarian real property is the gross income derived from the property less tax-deductible, property-related expenses and depreciations. Such expenses include repairs, maintenance, renovation and similar costs and interest on loans used for the acquisition of the property. A Municipal Tax at a rate of 10% of the profits is due. This is then deductible in calculating taxable profits which are subject to a flat corporate tax rate of 25%.
 
 
The Bulgarian state was founded on the present-day territory of Europe in 681 and ever since that time the name of the country has always been the same.

Here are some of the important dates and events in the history of Bulgaria:
 
- 885 - Cyril and Methodius created the Slavonic script
- 864 - 866 - Bulgaria adopted Christianity
- 1018 118 - Bulgaria fell within the limits of the Byzantine Empire and rule
- 1185 - Restoration of the Bulgarian state
- 1396 1878 - Bulgaria was under Turkish Yoke
- 1878 1944 - Bulgaria was monarchy
- 1944 1989 - Bulgaria was a peoples republic, governed by the communist party Since 10th November 1989 Bulgaria has been a parliamentary democratic republic.
- since 10.11.1989 - Bulgaria is republic
 

Location

Southeastern Europe, bordering the Black Sea, between Romania and Turkey

Coastline

354km

Territory

110 993, 6 km2

Climate

Temperate; cold, damp winters; hot, dry summers

Population

7 973 671 (2001)

Capital

Sofia

Official language

Bulgarian

Spoken languages

Bulgarian. English, German, French and Russian are spoken in the Countrys resorts, hotels and restaurants

Political system

Parliamentary Republic

Government

Parliamentary democracy

Religions

• Bulgarian Orthodox -83,8%,
• Muslim - 12,1%,
• Roman Catholic -1,7%,
• Jewish - 0,1%,
• Protestant, Gregorian-Armenian and other - 2,3%

Official holidays

• January 1st New Years Holiday
• March 3rd National Holiday
• Easter and the first Monday after Easter
• May 1st Labour Day
• May 6th Gergyovden and the Bulgarian Armys Day
• May 24th Cyril and Methodius Day
• September 6th Unification Day
• September 22nd Independence Day
• November 1st National Day of the Bulgarian Revival Leaders
• December 24th, 25th 26th Christmas Days

National currency

Lev, plural Leva ,BGN

Measures and scales

The metric system

Time zone

GMT + 2

 
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