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 legal trial of the deaths of 18 refugees who died of suffocation in a truck found near the Sofia village of Lokorsko in February 2023 cannot begin . The reason is the lack of a response from the embassy in Afghanistan. It is not clear when the trial..
The Institute for Computer Science, Artificial Intelligence and Technology (INSAIT), which is part of Sofia University, will be a co-organizer of the Physics-IQ Challenge competition, the university announced. The competition will be part of the..
US investors are in Sofia this week for talks with Bulgarian authorities on the expansion of the Chiren gas storage facility in northwestern Bulgaria - a project that could become a new battleground between supporters and opponents of Russian natural gas..
The total consumer confidence indicator, or, in other words, consumers’ assessment of their economic future in Bulgaria and the current economic..
The National Social Security Institute pays 16,000 out of the total of almost 2 million pensions to Bulgarians abroad. The biggest number of Bulgarian..
On Saturday minimum temperatures will range between 16° C. and 23° C., for Sofia 16 ° C. During the day there will be sun with a light, in the..
Clear