The Cabinet decided on November 2 that foreigners in Bulgaria will be able to buy and inherit property in the country. On November 2 the Cabinet approved changes to ownership laws, Focus news agency reported. The decision makes Bulgarias Constitution and the ownership regulations listed there compatible with European norms on the free movement of capital. Foreigners would be able to acquire Bulgarian
By the end of the year 261 000 property deals would be concluded in Bulgaria, agents said during a Southeast European economic forum.The number represented a 122 per cent increase compared to figures for 2001, Darik Radio reported. Price increase tendencies would continue until the end of 2006. More dynamic developments were expected on the Bulgarian property market in the coming two years,
New tendencies in the vacation property market in Bulgaria were to be expected, agents said during the Southeast European economic forum that began on October 31. Vacation property demand in the central parts of the country was going to increase, mediapool.bg reported. The demand would be highest in villages known for spa treatment opportunities. Hisarya, Velingrad and Sandanski could soon become new