A total of 5773 people have been granted Bulgarian citizenship since the start of 2010, Bozhidar Dimitrov, Minister without portfolio responsible for Bulgarians abroad, told Bulgarian news agency Focus on April 23 2010.

Of the 5773 Bulgarian passports, 4200 have gone to Macedonian nationals and the rest have gone to applicants from Moldova, Serbia, Ukraine and Israel, Dimitrov said.

The number of newly-issued passports means that for the first four months of 2010 Bulgaria has issued almost the same number of Bulgarian passports as the whole of 2008, when about 6000 people got one.

In 2009 the number was 9040, Dimitrov said. This means that if the rate for 2010 remains the same, close...

Purchasing property in Bulgaria is now well established, simple and straightforward and can be summarised into two main categories, namely: property with land and property without land. The defining issue is that under current Bulgarian law foreign persons may own physical property (ie: bricks and mortar) but they are not allowed to own land or properties that come with land, such as: houses with gardens, villas and building plots. New-build apartments do not normally have land attached and, accordingly, can be purchased by private individuals. However, until 2014 when the law is scheduled to change, the only way to buy a property with land is to form a Bulgarian limited company. The company that you register will o...

SOFIA, Bulgaria -- The cabinet and World Bank President Robert Zoellick signed a memorandum on co-operation in improving the country\'s infrastructure Tuesday (August 10th). Under the agreement, the Bank will provide technical assistance to improve the absorption of EU funds, as well as to develop key sectors, such as energy, the judiciary and administrative capacity. The finance ministry stressed that the cabinet is not borrowing additional funds. Prime Minister Boyko Borisov says the Bank\'s experts will help to frame quality projects to absorb credit lines worth nearly 1 billion euros from various international institutions. (Focus, Trud, BTA, Darik - 10/08/10) ...

Major property markets in Asia are likely to face a slower second half because of policy risks and an expected increase in housing and office supply, after some developers had a positive first six months. China Overseas & Investment Ltd, the country\'s top listed developer by market value, Hong Kong tycoon Li Ka-shing\'s Cheung Kong (Holdings) Ltd and Singapore\'s CapitaLand Ltd, southeast Asia\'s biggest developer, all benefited from strong housing prices in their key markets earlier this year. RELATED NEWSâ– Naina Lal Kidwai appointed to HSBC\'s Asia-Pac board However, Chinese government moves to cool its red-hot property market by raising mortgage rates and down payments for second and thi...

DUBAI — Istithmar World PJSC, the overseas investment arm of Dubai World, has reportedly sold an office building on London’s Trafalgar Square for $272 million. Grand Buildings, the landmark Victorian office property in London’s West End, was bought by a private Russian investor, according to various reports coming from London. Dubai World’s spokesman was not available on Wednesday for comments on the reports. The sale of the London property came as no surprise as Dubai World, which manages a group of businesses, has said it planned to sell assets to repay creditors as it seeks to renegotiate the terms of $23.5 billion in debt. In November, Istithmar sold two properties in the same district to Gre...

The Bulgarian government has approved the sale of 15 properties of the state-owned company Bulgarian Posts EAD, according to a Wednesday statement of the government\\\'s press office. The buildings are located in Sofia, Varna, Burgas, Vratsa, Nesebar, Yambol, Blagoevgrad, Apriltsi, etc. The properties can no longer serve their original intended purpose and Bulgarian Posts cannot keep them in good condition.

\\\"Covering repair and maintenance costs for these buildings will require investments which Bulgarian Posts cannot provide\\\", the announcement says.

According to the Cabinet\\\'s press office, the majority of the sites have been closed for years, while those still in operation incur...

Bulgaria\'s Cabinet approved on October 5 2011 the sale of 15 properties owned by the country\'s postal services operator Bulgarian Posts.

The properties on the list are in Sofia, Varna, Bourgas, Vratsa, Nessebur, Yambol, Blagoevgrad, Apriltsi, the Government\'s press office said.

The properties have lost their initial designation and function and Bulgarian Posts lacks capacity to keep them in good condition. Besides, their upgrade and maintenance requires investment that the Bulgarian Posts cannot provide, the statement said.

\"Most of the properties have been closed for years, while others that are still in operation record higher costs than income,\" according to the statement. <...

The economic crisis has reduced prices of Greek islands and a Bulgarian island that have been put up for sale, according to real estate brokers working in Bulgaria.

The ongoing downturn has caused the price of the Bulgarian island currently on sale to drop by 15% .

According to the online offer, the territory is located 50 meters away from the Danube riverbank between the northern Bulgarian town of Vidin and the village of Tsar Simeonovo.

Certain plots of land on the island have already been bought by Polish and British citizens , according to Polina Stoykova, Chief Operating Officer at real estate agency Bulgarian Properties.

The terrain is suitable for tourism and bu...

The current crisis within Bulgaria’s real estate market leaves a wide open gap for new investors, but with the vast abundance of properties

available, the decision of whether to renovate or buy a renovated property can leave the prospective buyer bewildered. Pros For Renovating You decide the layout of your new home in terms of where the bathroom and kitchen and other rooms should be. You have total control and choice as to flooring materials, choosing a bathroom suite with the option of having a shower cubicle or bath as opposed to opting for the more traditional ‘wet room’ type. The kitchen design will also be your own choice as will the type of heating system you prefer. You may want to have U...