Purchase limit for Bulgarian land plots
Prof. Dimitar Grekov, Bulgarian Minister of Agriculture intends to restrict the purchase of land plots for foreigners. This decision made by the Bulgarian Parliament was the reason of a series of intensive discussions in the Bulgarian society and this could probably exert influence on Bulgaria’s relations with the European Union.One of the major conditions for a foreigner that is willing to buy a land plot in our country is that this foreigner has to have minimum two years of previously registered agricultural production. This measure is taken due to the fact that the state itself also needs to take care of the land irrigation and also to make investments.
The decision is influenced by Denmark and Hungary that has proposed purchase restrictions of land plot. The moratorium on the sale of agricultural land is decided to be prolonged according to one of the decisions of the Bulgarian Parliament. Bulgaria is not trying to ban land plot sales but they are restricted.
Another restriction measure proposed by the Bulgarian Minister of Agriculture is the ban of long term tenant contracts concerning the sale of the fields at the Bulgarian borders. Land plots that are situated especially close to strategic objects of the country are forbidden to be presented for sale, local media report.
Thanks for---everything, Kiki & Hristo! Ron and I are touched by all the extras we did not expect from you or any realtor. The flowers and catered dinner you gave us when we moved in to our new home are priceless. Your commitment, professionalism and expertise are commendable. You have been a great support all throughout the process of buying our dream home in Bulgaria. This process can be stressful to anyone but we always felt a certain level of comfort and confidence in knowing that we had you looking after us. Peggy Fallon from USA
— Peggy & Ron Fallon, USA