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About 3, 000 years ago, a people called Thracians established the first civilization in what is now Bulgaria. The region became part of the Roman Empire during the A. D. 40’s. Slavs from what are now south-eastern Poland and northwestern Ukraine settled in the territory during the 500’s.
The first Bulgarian kingdom was established in 681. It gradually became the most powerful state in the Balkans. Under Simeon I, who came to the throne in 893, Bulgaria entered a golden age.
The second Bulgarian kingdom was founded in 1 186, after Bulgaria regained its independence from Byzantine rule. During the 1 200’s, Bulgaria’s economy and culture thrived again, and the country once more became a major Balkan power. However, Ottoman Turks began raiding Bulgaria in the early 1 300’s. By the 1 396, they had conquered the country. The Bulgarian rebelled against the Turks in the 1 590’s, the 1 680’s, the 1 730’s, and the 1 876’s. But the Turks crushed them each time. From the late 1 700’s through the mid 1 800’s Bulgarian patriotism grew and in 1 878 with the helped of Russia, the country gain freedom from Turkish. The country became fully independent in 1 908.
In 1 912, Bulgaria joined Greece, Montenegro, and Serbia in a war to drive the Turks out of Europe. In fighting this war, called the First Balkan War, Bulgaria hoped to regain the territory it lost under the Treaty of Berlin. The Ottoman Empire was easily defeated. In 1 913, Bulgaria began the Second Balkan War. It was easily defeated, and it lost much of the land it had gained during the First Balkan War.
Bulgaria entered World War I (1 914-1 918) on the side of Germany and the other Central Powers in hope of regaining the territory it lost following the Second Balkan War. The Central powers were defeated and Bulgaria lost even more territory. After the war, Bulgaria was torn by political unrest and terrorism as various groups struggled for power.
Bulgaria’s determination to regain its lost territory led to it to enter World War II (1 939-1 945) as an ally of Germany and Italy. During the war, the country was heavily bombed. The Soviet Union invaded Bulgaria on Sept. 8, 1 944. The day after the Soviet invasion, a group of Bulgarian political organizations led by the Communist party, overthrew the Bulgarian government. Bulgaria fell within the Soviet sphere of influence after World War II and became a People's Republic in 1946. Communist domination ended in 1990, when Bulgaria again held multiparty elections.
After a new Constitution was adopted in July 1 991, the Grand National Assembly was renamed the National Assembly. The Constitution made the prime minister the most powerful government official.
Bulgaria joined NATO on 29 March 2004 and is set to join the European Union on 1 January 2007 after signing the Treaty of Accession on 25 April 2005.
INVESTMENT OPPORTUNITIES IN BULGARIA
For investors that have substantial involvement in their own business, willing to explore new investment fields without taking great risks, we offer surely profitable investment opportunities in Bulgaria.
Recently, a number of actions have been made to lure foreign investors to Bulgaria, by providing necessary tax preferences and incentives (in particular for investments exceeding 5 000 000 USD, investment in a region with high unemployment or creation of about 100 new jobs).
Getting closer to the due date of the Bulgarian entry in the EU, a great change has been has been noticed in the Bulgarian property market. The last several years there was an increasing demand for Bulgarian properties not only along the Black Sea coastline, but also in mountain resorts, as well as plots in the big Bulgarian cities and towns and large plots of agricultural land.
The goals are to acquire property for:
National agency “SBS Bulgarian Properties” Ltd. offers to realize the investor's control with the help of our highly-qualified teams, which will undertake the following steps:
1. We will make a schedule for the most important actions, coordination every detail with the contractor and making sure all deadlines are met. Preliminary inspection of the necessary documentation for the construction of a property will also be made, as well as correcting errors.
2. Inspection of the quality and the right quantity of the used materials, their storage and warehousing, as well as the use of proper machines and equipment.
3. You don’t need to bother about the fulfilment of all the statutory prescriptions for labour safety, technical and fire safety because we will arrange that for you.
4. We can offer you professional consultations for the proper furnishing of the buildings, made by our prospective interior designers.
5. The service “Management of properties” is offered by our company for those who want to lease or rent a renovated or reconstructed property.
.... in comparison with the price of properties in other European countries but they have the tendency to increase in the future. This tendency is expected to accelerate in the near future. Real estate investment has produced a plentiful supply of modern offices at very competitive costs.
The past few years a lot of foreigners decide to invest their money in Bulgarian properties. As you have probably noticed the costumers are interested not only in estates located near the beautiful ski resorts scattered across the mountains that dominate the Bulgarian interior but they are also attracted by the sandy beaches of the Black Sea coast.
According to latest articles and reports in some magazines Bulgaria is placed to one of the first places of destinations of interest for foreign developers and costumers.
The harmonization of Bulgarian legislation with that of the European Union means that the actual process of a real estate transaction in Bulgaria is not that much different now to the procedure that exists in other European countries.
In the past few years there is a continuing flurry of building activity in most Black sea resorts, the same tendency can be also seen in ski resorts like Borovets and Bansko. The renovation of rural houses and buildings is very popular in the cities located in the inner parts of the country.
The most wanted destination for buying a property are the front lines of Black Sea towns and resorts like Varna, Sunny Beach and Nessebar, also mountain houses and cottages in ski resorts like Pamporovo and Bansko.