Latest news

Real estate in Bulgaria has been given a boost with the news that mortgage loans for foreign nationals (as well as Bulgarians working abroad) have returned to the Bulgarian banking market. House Sales Bulgaria (http://www.housesalesbulgaria.com/) reports on the recent article in Bulgarian daily newspaper The Sofia Echo which states that these loans are back on the market due to "reviving demand, banks and credit consultants".

On July 13^th, Bulgarian bank UniCredit Bulbank announced it had launched mortgages for foreigners and Bulgarians working abroad who could choose from a list of 22 Bulgarian real estate projects backed by the bank. This is an example of new requirements levied by some banks when offering these mortgages. Foreigners looking to buy Bulgarian property need not be disheartened by the thought of a lack of choice or sub-standard bank-funded projects. There is a wide choice of quality real estate projects which have bank funding, including some in Bulgaria's key resorts*.

The resorts in and around Sunny Beach continue to be in demand, two of which have seen particular interest from foreign purchasers: Aqua Dreams and Garden of Eden. Aqua Dreams is located between Sunny Beach and St. Vlas, offering both sea and nature views thanks to its beautiful positioning, just 100 metres from the coast and 500 metres from the resort of Sunny Beach itself. The resort boasts three swimming pools, wet bar, restaurant, caf