Real Estate news about Varna, Bulgaria The Appellate Prosecutor’s Office in Bulgaria’s Black Sea capital Varna overturned for the second time the refusal of the Regional Prosecutor’s Office to probe the case involving the sale of land in the city’s Maritime Garden. The Deputy Appellate Prosecutor had assigned the probe to the Regional Prosecution requesting clarifications on the deals surrounding [...]

The Sofia Echo About 200 illegally built shacks and other temporary buildings, as well as fishing villages, are to be razed in the space of 20 days, the private Bulgarian television channel bTV reported on October 27 2010. Huts, some buildings considered as ‘solid’ or ‘permanent’ construction, and summer homes are also earmarked for bulldozing [...] A luxurious house with a lake, located in a village near the Bulgarian city of Varna, has impressed the National Revenue Agency (NRA) the most during the probes of upscale real estate at the Black Sea coast. The NRA’s Head of Communications Directorate, Rosen Bachvarov, has refused to disclsoe the name of the village [...]

Raiffeisen Zentralbank Oesterreich (RZB) wants to buy out Miller Mall Varna, the company that owns Mall Varna in Bulgaria’s major Black Sea city. This was disclosed by the Commission for Protection of Competition (CPC). RZB is the owner of Raiffeisenbank Bulgaria, which owns Raiffeisen Real Estate. Mall Varna was acquired by Miller Developments in November [...]