Britons living in Bulgaria. Guide to Bulgaria, Sofia and Varna

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"Fifty British (citizens) have registered companies in Veliko Tarnovo (central Bulgaria) in order to buy a house there," reported Thursday the Bulgarian ...

A poll conducted by MBMD agency in November showed that 65 percent of a total of 1,216 people surveyed were against land sales to non-EU citizens. British people will die for this," Adrian explained. Bulgaria has already become the focus of a British property buying spree in the last couple of years, rural house hunters finding ways to avoid legislation. But most real estate agents do not really expect a rise in the number of "property speculators" as they call those aiming only at profit. Foreigners are all set to make money out of property bought for chicken feed," said Nadia Zafirova, a real estate company manager from Sofia. If a major buyout of land for industrial purposes was to happen, it was going to happen anyway, despite the ban," Adrian Musgrave, who has already bought a house in Bulgaria, told AFP. In parliament Friday MPs from all political parties voted for the amendments on land sales in Bulgaria's constitution, bringing it into compliance with EU legislation. Not a single person I have talked to said they are going to buy land to farm it," Paul Kornreich added. The Bulgarian press has recently reported on an increasing number of foreigners who have registered companies in the country in order to be entitled to acquire property here despite of the law. The company will acquire the shares of Contract 99 in Rila Samokov 2004. The proposition failed to get other parties' support but was widely backed by popular opinion. There will be however a seven-year transition period before foreigners who are not permanent residents of Bulgaria at the time can buy land.