Building/Renovation work in Bulgaria

Posted on 25.06.2008 by Bulgarian Properties

Bulgarian Properties can also offer a complete project management service for the renovation, repair and/or the modernization of your new home. We do not have our own in-house builders, but employ a project management team, who will work on your behalf as or customer, to put together the relevant trades people to carry out the work you require at the best possible price, as well as liaise with architects and other professionals to get the results you want.

The Project Management Team at Bulgarian Properties, will keep you regularly informed of the progress and send you photographs via email as the work progresses. As a client of Bulgarian Properties you will be given a direct link to the Project Management Team via email and telephone.

If you prefer, although we do not employ our own builders, we can recommend companies that in our opinion are reliable, trustworthy and carry out quality work, at reasonable prices (all of which are very important as most home buyers are absent during the building process). Examples of work carried out by these companies can be viewed so you can see for yourself the finished product. *(See our other services section)

Other Services

We can also provide information about other services, such as translation work, building and contents insurance and legal services. All necessary services when buying property in Bulgaria. Where possible, Bulgarian Properties try and use local people for all our services, not only because we believe in supporting the local economy, it also enables us to offer the best possible prices, and it also means we are on hand to check on the progress of the services you have commissioned.

We also able to offer a property management service, a useful service that will maintain your home in your absence and provide you with a warm welcome when you return to begin your holiday. *(See our other services section)

Increasingly, people are interested in buying land. At Bulgarian Properties we are constantly looking for quality land for sale at reasonable prices both on and away from the coast, we are currently looking into to all the options available for land buyers to build their dream homes, or for the serious investor wishing to develop on a larger scale.

Bulgarian Properties are continuously building up our property and land portfolio to enable us to offer you the widest choice, and of course, at a range of prices to suit your budget. If you are looking for something specific or you have any questions please go to the contacts page and get in touch, we are waiting to hear from you.

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Bulgarian Economy

Posted on 24.06.2008 by Bulgarian Properties

In economic aspect Bulgaria meets the criteria of a medium developed country. Since the last 2011 Century decade and up to the present day the country has been on the way of forming the free market economy. The majority of the state-run enterprises have been privatized; the same applies to the farming land. The private sector now produces almost 100% other total added value coming from the agrarian segment of economy, and well over 2/3 of that coming from the industry and services.

Compared to the remaining part of the ex-socialist countries in Central Europe Bulgaria still receives a minor inflow of foreign investments and the bulk of them is mainly concentrated in the southwest of the country and Sofia, respectively. In the year 1997 the country was sucked in the whirlpool of hyperinflation, and since 1997 has been under the currency board supervision. Rated by its GNP (Gross National Product) Bulgaria takes a position in the line considerably behind Slovenia, Czech Republic, Hungary, Poland and Slovakia, and slightly exceeds the Republic of Macedonia, Albania, Bosnia and Herzegovina.

Recent trends provide indications of an increase in industrial production, enhancement in quality and competitiveness of Bulgaria’s industrial products, increasing change of export orientation toward the West, rise in struggle against the so called industrial racket (economic form of blackmail in industry), elusion of tax payments, certain successes mark the efforts to overcome the economic backwardness in particular administrative areas of the country.

One of the major weaknesses of the economic life is the enormous external debt combined with the local economy’s strong dependence on the power sources import and substantial delay in the development of equipment and technologies. Enhancements of the economic structure are imperative, promotion and back up for a substantial growth and expansion of the economic tourism are needed, significant efforts required to overcome the drawbacks in public transport along with adequate solutions to crucial issues like the elimination of unemployment and rise in the life standards among local population. Chemistry, machine engineering, food-wine-and-tobacco industries are key branches of industry in the country.

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Bulgarian population and inhabited locations

Posted on 24.06.2008 by Bulgarian Properties

Bulgaria’s population has changed in number over the years, as follows: in the year 1887 – 3.2 million, 1910 – 4.3 million, 1946 – 7.0 million, 1985 – 8.95 million, 2001 – 7.97 million, 2004 – 7.76 million. During the last decade birth rates have been tending to fall, while mortality rates keep rising.

Mortality rates among children reached 1.33%. Density rates of the population in Bulgaria are 71 people per square kilometer. Urban population represents 70%. The ethnic profile of the country is made up of a 6.66-mln share of Bulgarians (83.6%), 757.8 thousand Turks (9.5%), gypsies come with 365.8 thousand people (4.6%), as well as a small number of Armenians, Karakachani, Greeks, Ukrainians, Arabs, Jews etc.

The average life expectancy among men reaches 68.5 years, and 75.4 with women. Major internal migration flows of the local population run from smaller to larger towns and cities with 57.8% share of the population in active labour age. Public services employ 50.0%, agricultural segment – 26.8%, while industry provides 23.2% employment for the active population. Recent years percentage of unemployment is fairly high. Towns in Bulgaria are 247 in number, and villages – around 5 000.

Largest Bulgarian cites and towns are: Sofia – 1,091,772 residents, Plovdiv 338,224, Varna – 312,889, Burgas – 192,390, Rousse – 161,453, Stara Zagora – 143,420, Pleven – 121,880, Sliven – 100,366, Dobrich – 100,000, Shoumen – 89,214, Pernik – 85,991, Yambol – 82,649, Haskovo – 80,303, Pazardzhik – 78,855, Blagoevgrad – 71,144, Vratsa – 68,975, Gabrovo А67,065, Veliko Tarnovo – 66,897, Vidin – 57,395, Kazanlak – 53,770, Assenovgrad – 51,936, etc. (Data presented according to the last official census of the population taken in the year 2001). Based on data of 2004 the number of residents in Sofia has grown to 1,164,749.

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