British and Russian citizens have been selling their holiday properties en masse in small settlements on the Bulgarian Black Sea coasts and are now focusing on homes in big cities such as Varna and Burgas. This is what Kaloyan Balinov, owner of a real estate agency, has told Radio Varna.
Among the reasons are insecurity and travel restrictions caused by the global pandemic. "Initially, they bought holiday properties in Bulgaria to come here on vacation in the summer. However, many of them decided to stay longer and headed to the big cities", Balinov says. Representatives of more non-traditional markets such as Italy, France, Belgium, Germany and the Netherlands are also interested in properties in Varna and the region. According to Balinov, this is largely due to the rising number of mixed marriages observed in recent years.
The European Commission has decided to withhold EUR 215 million from the second payment under Bulgaria’s recovery and resilience plan, the EC told the Bulgarian National Radio. The country is to receive EUR 439 million. EU may cut money for..
With 111 votes for, 51 against and 43 abstained, the National Assembly approved the establishment of an ad-hoc committee to investigate the activities of George Soros and his son Alexander Soros and their foundations in this country financing..
Prime Minister Rosen Zhelyazkov and Deputy Prime Minister Tomislav Donchev cancelled the meeting, scheduled for today, of the National Tripartite Council on the draft budget for 2006 after, in an unprecedented move, businesses decided not to take..
Bulgaria is strengthening land, water and air security (including with a drone protection system) at Lukoil's sites on its territory,..
A 6-month reconstruction of the runway and renovation of the aprons start at Burgas Airport. November 10 marks 19 years since the start..
Rain
Cloudy
Overcast, rain