Bulgaria: 3,600 Bulgarians declare overseas property

Publicly available information from the National Revenue Agency reveals that 3,604 Bulgarian residents had properties abroad, all of which had been duly declared to the agency. Bulgarians own properties across various countries in the Balkans and the European Union. Additionally, some citizens take pride in owning properties in less commonly chosen destinations, including Andorra, Argentina,…

Bulgaria: farmland prices increasing

The agricultural land market in Bulgaria is on the verge of overheating, according to the latest data from the National Statistical Institute. Over the past decade, field prices in certain areas have skyrocketed more than 6-fold, reaching levels where natural resources must be extracted to recoup the investment. Real estate experts warn that a bubble…

Poland: LOT launches Warsaw-Oradea flights

Polish airline LOT launched on June 3 a direct flight between the city of Oradea, in western Romania, and Warsaw. This gives the Romanians in this part of the country access to many destinations served by LOT from the Polish capital city, providing new international travel opportunities across Europe, Asia and North America. LOT will…