Sunny Villas – Real Estate Agency
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 Useful information on life in Bulgaria
Useful information on live in Bulgaria
   Bulgaria is located in Southeastern Europe on the Balkan Peninsula. It borders the Black Sea and is east of Serbia and Montenegro, south of Romania, and north of Greece and Turkey. On its relatively small territory – approximately 111,000 km2, it combines in an unraveled way unique natural resources and exceptionally interesting and ancient historical monuments.
   Even the most exacting tastes would be satisfied by the combination of the fantastic beaches of the Black Sea coastline, the unique natural beauty with its four seasons, the world famous ski resorts and the millennial cultural and historical heritage of the Bulgarian people and country. All of this, combined with the strategic geographic location of the country and the favorable climate make it the object of exceptional interest on the part of foreign investors.
   The interest of foreigners in Bulgarian properties is totally justifiable and is determined by the still low prices of the estates in Bulgaria. The immense interest in investments, expressed in purchasing a summer or a winter house, villa, mansion, ranch or another estate in the country is reinforced by the relatively cheap life, too. If your wish is oriented towards investment in property, then Bulgaria is the right choice. You should be well-advised that the capital of the country – Sofia – and Dublin are similar in many ways – the size and the number of citizens, but differ significantly in one thing, namely that prices in Bulgaria are very low. This fact has been reported repeatedly by a number of European publications. A variety of articles in the press or in electronic media feature a detailed analysis on the property market in Bulgaria, the plans for residential and business building, the quality of services and the investment climate. The interest in such investment in Ireland, for instance, is very big. If you are led by your wish to buy some property in Sofia or by the Black Sea, for example, you can be 100% sure that you will benefit. You can still buy a large flat in the centre of Sofia for the sum of 100,000 Euros and be certain that the price in the next years will constantly increase. In the meantime, you can earn well from rents because many Bulgarians still prefer living close to their working place.
   Last year the prices of properties increased with more than 25% and the prices of some properties even soared to a 50% increase during the year. This is predominantly the case in Sofia and the Black Sea cities and resort towns – Sunny Beach and Golden Sands. In the same way Bulgaria’s ski resorts like Borovets and Bansko attract major investments, which on its part will increase the prices of properties for the whole region. At present our country is a full member of NATO and has received an invitation to access the EU in 2007.
   The investment risk in Bulgaria is still practically equal to nought, having in mind the fact that a drastic increase of the prices of properties is expected after the country’s accession to the European Union, forecasts indicate double, and in some cases triple increase in the prices of properties after gaining full membership. The property market in Bulgaria is very dynamic at present with regard to the varieties of property and their offering, as well as to their prices. This ensures a wide choice of all kinds of investment projects and guarantees their realization.
   Whatever you wishes and preferences may be – connected with the purchase of a brand new villa or a house by the Black Sea or the resale of an estate to the forthcoming purchase of a small country house or in a quiet and beautiful mountain village, all of these wishes are feasible at still bargain prices.
   The conclusion that has inevitably established itself, is that Bulgaria is THE RIGHT CHOICE for YOUR INVESTMENT, and NOW IS THE TIME for you to realize it.

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NEWS
ANNUAL BALANCING OF A LIMITED COMPANY IN BULGARIA
“SUNNY VILLAS” Agency reminds all its clients, who have registered companies in Bulgaria in 2006 that they are subject to annual balancing in connection with the regulations of the Corporate Income Taxation Act. The financial year is considered from 01.01 to 31.12 and the tax return should be submitted no later than 31.03. The taxes must be paid within a period of 15 days as of the date of submitting the tax return. Your company, operational or not during the tax period, must submit a tax return. The fine for failure to fulfil this obligation is 2500 lv. You, as Managers or shareholders (associates) in these companies, are personally responsible to make sure these documents are submitted on time to the respective tax authorities and offices.
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The mushrooming golf clubs throughout Bulgaria come as an alternative to the concrete sins on the Bulgarian Black sea cost.
This is the conclusion of the German DPA Agency, which made its own examination on the theme. The new golf club in Ravno Pole village, located on 25 kilometers from Bulgarian capital Sofia is presently turning into regular destination for the tourists, looking for tranquility. The golf club is visited by more and more Sofia citizens, diplomats and foreign contractors. According to the DPA Agency the golf clubs with luxurious hotels and modern SPA - facilities will improve the tourism image of Bulgaria, associated in Europe mainly with the cheap Black Sea vacation.
There are still 19 golf playgrounds more presently being built, one of which estimated on the amount of 50 million EUR - the future Golf & SPA complex in Pravets town, the birth town of former communist President of Bulgaria Todor Zhivkov. Specialists consider the strong investment interest will bring the construction of round 40 golf playgrounds in the country. The Bulgarian government also approves the intentions Bulgaria to be turned into international destination for golf tourism. There are excellent climate conditions in Bulgaria and the scenery is extremely attractive.
After the construction boom on the sea coast, the upcoming summer will show is still the tourism in Bulgaria capable to escape the sins of concrete and to return to nature, the specialized tourism editions comment. World - wide famous Black sea coasts and ski resorts in Southern Bulgaria have attracted more than 5 million tourists in common for the last 2007 year. The amount of tourists from EU have raised with 50 %. Incomes of tourism for Bulgaria have reached the record to the moment 2, 3 billion EUR - raise of 11% compared to the previous year. The State Agency of Tourism expects 10% raise for 2008 too.
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The extreme tourism turns to be one of the latest hits of the tourism agencies,
Over 12,000 Bulgarians on different age showed interest towards possibilities for extreme experience and rest among the beautiful Bulgarian nature in April.

For the moment the most requested extreme activity is rafting - dropping by the fast waters of Struma river in Kresna gorge.

The mix of rafting plus the emotions of riding horses in Pirin Mountain also attracts the attention of many tourists.

Horse passage in the Rhodope's village of Trigrad (South - Eastern Rhodopes), Vratsa Balkan (Western Stara Planina Mountain) and the Aidushko gathering place in Troyan Balkan (Central Stara Planina) are among the favorite tourism destinations of the adventurous tourists.

Many people are also ready to climb down with a rope in a waterfall, to enter on a boat in a cave, rowing among the water cave galleries./www.news.bg/
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Germans started to book again holidays in Bulgaria after a two-year withdrawal, Dnevnik daily reported
The signals came from the last week's International Tourism Bourse (ITB), the annual business-to-business industry event, reminded from the daily.
Tourism experts said German bookings in Bulgaria should see a 5% increase up to 400,000 in 2008.
Seaside Burgas and Varna airports' data showed that 390,000 German tourists came to the country on trips arranged by tour operators.
The total number of Germans that landed in the two airports was 600,000.
Round 4 years ago, the number of German holiday-makers peaked, but was followed by a significant drop as the German economy slowed down and the quality of tourist services in Bulgaria worsened.
The tour operator expects to book Bulgarian holidays for 140,000 German tourists in 2008, comparing to the 120,000 last year.
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