Bulgaria's Housing Loans See 10% Growth Amid Rising Property Prices
Interest in newly built properties is on the rise, driven by factors such as increasing prosperity
There are 50 ''Maybach'' cars, 193 cars ''Bentley'', 31 cars "Lamborghini", 68 - ''Rolls-Royce'' and 93 - "Ferrari" in Bulgaria.This shows police data, which was handed over to Chief Prosecutor Sotir Tsatsarov.
Taxes will establish for each car: date of acquisition, purchase contract value or customs declaration, as well as the origin of the money for it. It will also be analyzed to what extent the price corresponds to the market price. If someone turns out to be a foreign car, the conditions of delivery will be checked.
Similar checks have also begun with respect to luxury properties. It was found that between 2015 and 2016 in Bulgaria a total of 245 persons have acquired real estates ranging from BGN 500,000 to BGN 800,000 and 120 persons have acquired properties worth more than BGN 800,000.
The National Revenue Agency starts tax inspections of all 365 individuals, analyzing and with what money they have bought the properties. The Ministry of Interior will check the vendors, incl. and related people.
In the fourth quarter of 2024, Bulgaria's economy showed a stronger performance than anticipated
Restaurant and hotel industry representatives in Bulgaria are escalating their protests against the planned increase in VAT for the sector,
In February, Bulgaria's annual inflation rate rose to 4%, up from 3.8% in January
Industrial production in Bulgaria continued to experience a downturn at the start of the year,
Bulgaria’s prospects of joining the eurozone in January 2026 remain within reach
In a ruling on February 13, 2025, the EU Court of Justice (CJEU) addressed the issue of transparency in consumer loans, emphasizing that banks must provide clear, complete
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