IMOTI.BG: VARNA PROPERTY. AGRICULTURAL LAND FOR SALE. BULGARIAN LAND FOR SALE: VARNA IMOTI.BG * HOME*topmenuVARNA IMOT.BG: BLIZNATSI and VARNA LAND: (Близнаци земя, Bliznatsi, Bliznaci, Varna)topmenuOSENOVO LAND: Osenovo (Осеново земя), Albena land by the Black SeatopmenuVARNA IMOT: Konstantinovo and Varna land (Konstantinovo, Константиново, Варна земя)topmenuAGRICULTURAL LAND FOR SALE: BULGARIA. CHEAP LAND FOR SALE.topmenu*CONTACT* How to buy in BulgariatopmenuWind/Solar Power in Bulgaria + Articles
Wind/Solar Power in Bulgaria + Articles
I have several large pieces of land suitable for green, alternative electricity generation. Renewable energy in Bulgaria is experience massive interest from investors as the land is cheap, the wind and solar conditions are good and the Bulgarian government has committed to long term (25 years) purchase of renewable energy units. Also, the the existing Bulgarian energy generation is aging and in dire need of change.

Example of land for sale in a village 25km North-west of Varna. This Bulgarian land is flat and perfect for photovoltaic solar panels or for wind turbines. The connection to the grid is possible.

Land for alternative, renewable energy and electricity generation in Bulgaria, near Varna

Solar energy in Bulgaria:

An alternative energy sources is solar energy which is practically inexhaustible.The solar radiation potential on Bulgaria’s territory is considerable but there is considerable difference in sunlight intensity in the different regions. Data analysis shows that Bulgaria’s territory can be divided into three solar zones; the average annual sunshine duration is roughly 2150 h which is about 49% of the maximum.

• Central-east region – occupies 40% of the country’s territory with 30% of its
population. That zone covers mountainous regions and is characterised by
inconsistence of micro-climatic conditions.
o Average annual sunshine duration 31 March – 31
October : Up to 1640h 
31 October – 31 March: Up to 400h
o Solar energy resource – 4kWh/m2 per day or 1450 kWh/m2per year

• North-east region – occupies 50% of the country’s territory with 60% of its
population. That zone covers agricultural regions, the industrial region and part of the
central north riverside strip.
o Average annual sunshine duration
31 March – 31 October:  Up to 1750h
31 October – 31 March: 400 - 500h
o Solar energy resource – 4.25 kWh/m2 per day or 1450 – 1500 kWh/m2 per

• Southeast and South-west region – occupies 10% of the country’s territory with
10% of its population. That zone includes the south coast.
o Average annual sunshine duration
31 March – 31 October: Over 1750h
31 October – 31 March: Over 500h
o Solar energy resource – 4.25 kWh/m2 per day or 1550 kWh/m2 per year


Wind energy in Bulgaria:

Wind and the energy generated from it have proven to be attractive for several reasons - wind is plentifully available, it is a cheap and virtually inexhaustible source of energy, and does not cause environmental damage or climatic anomalies. Briefly, it possesses properties, which none of the traditional energy sources used for generation of electricity can boast of. Operational costs for generation of energy, or rather the absence of fuel supply costs does make wind an especially attractive energy source in the eyes of investors.

The Bulgarian Government support
for alternative energy projects:

• Long-term period for obligatory purchase
of electricity based on renewable energy sources: 25 years for
solar and geothermal renewable energy electricity and
15 years for other renewable electricity sources
• Feed-in tariffs
• Obligatory connection to the electricity grid
• Guarantees of origin for the electricity
produced by RES as well as for the heat
and cooling energy
• Tax exemption for biofuels
• Obligatory blending for the distribution
companies of biofuels with mineral fuels



Maps of Bulgaria:

Holiday site for Bulgaria:

Info about Varna, with photos:

Albena Resort website:

Bulgarian News in english:

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Article from about wind energy in Bulgaria an Romania.

Wind Picks up in Bulgaria, Romania

By Claudia Ciobanu

The natural conditions in Romania and Bulgaria make these countries some of the best placed in Europe for producing wind energy. Interest in investing in wind power is high in both countries, but legislative ambiguity and the limited capacity of national electricity grids are delaying the building of new wind parks.

Romania has the largest wind potential in south-east Europe, according to a study by Erste Bank last year. Its geographical and climatic conditions could eventually sustain an installed production capacity of 14,000 MW from wind. Even according to more modest estimates, wind power could potentially account for 10 percent of the energy produced in the country.

Bulgaria could have a wind power production capacity of 3,400 MW in a few years, according to the European Bank of Reconstruction and Development (EBRD). Unlike Romania, Bulgaria is at the moment highly dependent on energy imports, taking most of the fossil fuels it uses from Russia.

Apart from fossils and hydropower, Bulgaria is currently making use of a partially obsolete nuclear plant (Kozlodui), and planning to build another such plant in the north (Belene). Wind power could produce as much energy as these nuclear plants.

Southern Romania and northern Bulgaria, as well as areas along the Black Sea coast in both countries have the most favourable conditions for wind energy production. Among the companies interested in investing in wind power in these countries are Italian ENEL, Spanish Ibedrola and the U.S.-based AES Corporation.

Both countries have taken on the European Union (EU) objective of getting 20 percent of energy from renewable sources by 2020. But given that both Romania and Bulgaria have high hydroelectric capacities, the EU target could be achieved on the basis of hydropower, without replacing fossil fuels with renewables.

Even so, EU environmental legislation and the strong interest among foreign investors in exploiting wind power have been putting pressure on national authorities to act on promoting wind energy.

Bulgarian authorities seem to be moving faster, though Romania has more wind power potential.

Around 200 MW of wind farms are already installed in Bulgaria, and another 200 MW is in the pipeline, says Yordan Mihaylov, managing partner at MASS Energy Systems LLC, a company investing in renewable energy parks in Bulgaria and other countries. EBRD noted in a 2008 analysis that "Bulgaria's advantage, apart from the existing wind potential, is the supportive government with a pro-active regulatory approach."

"I would say that the Bulgarian legal framework is in a much better position than the Romanian one at the moment," Mihaylov told IPS. "Currently, the Bulgarian government issues 15 years contracts for 100 percent purchase of the electricity (produced by wind parks) at subsidised rates."

Most producers are likely to get a high percentage of their production subsidised at high rates, says Mihaylov. "There are still many gaps in the contracts that are issued, but I am happy to say that the government is working on fixing them."

On the other side of the border in Romania, less than 100 MW production capacity has been installed so far. Applications for projects adding up to 17,000 MW capacity have been filed by investors with the national electricity authority, but barely a fraction of this will materialise.

Some of the proposals are not serious, and so authorities are right to turn them down, says Radu Voinescu, managing partner at Boeru Voinescu Group, a leading wind energy consultancy in Romania.

Another reason for low acceptance of wind park proposals is that the national electricity grid can sustain at most 2000 MW wind power, says Voinescu. Wind power needs special adaptations of the grid to store energy for the times when the wind is not strong enough.

Expanding and adapting the electricity grid will need billions of euros, and political will to support renewables.

Unlike in Bulgaria, in Romania the purchase price for renewable energy has been left mainly to the market, making it tougher for producers to estimate profits and plan for the long term.

"Since 2008, we do have a law promoting renewables, through the use of green certificates and feed-in-tariffs (an incentive structure for renewables which means the state pledges to buy energy from renewables at above- market prices)," Voinescu told IPS. "But the methodological norms for implementing the law do not exist yet, and investors are left with many unanswered questions. Feed-in tariffs are not clarified in the law, so they remain just an option for the future."

"The Romanian government has chosen to attract mainly big investors," says Anka Zaion-Cicovski, international development representative of the French renewables company Valorem Energie. "Here, the purchasing tariffs are guaranteed for only one year, thus limiting the possibility for independent green electricity producers to access the market.

"The risk perceived by our financial partners is higher, and this makes project financing more complicated in Romania as compared to other countries such as France or Germany, where the feed-in tariffs are guaranteed for at least 12 years."

"Our politicians do not seem to be very interested in investing in the expansion of the national electricity grid (to take on more energy from renewables)," adds Radu Voinescu.

"But such an investment in infrastructure is exactly the type of investment that a country must take on in times of economic crisis. Romanian authorities have an obligation to invest in energy infrastructure and in education, without which the country has no future."


*Title changed by the Editorial Staff of

An article in Financial Times on Varna:

Varna: Black Sea town avoids demographic problems

By Kerin Hope

Published: July 8 2008 00:33 | Last updated: July 8 2008 00:33

Mothers wheeling babies in gleaming new pushchairs crowd the pedestrian concourse overlooking the Black Sea in central Varna, Bulgaria’s most flourishing port. Toddlers in sun hats and perched precariously on park benches eat ice cream.

Unlike other cities, Varna has escaped Bulgaria’s demographic problems – a low birth rate, an ageing workforce and high emigration – according to Kiril Yordanov, the mayor. Young people are flocking in, lured by jobs in retailing, tourism and a café lifestyle that compares, at least in the summer months, with that of Spain or Greece.
Varna’s population has almost doubled since 2001 to about 600,000 people and is growing faster than that of the capital, Sofia. Investment in the same period exceeded €1.5bn ($2.35bn), while unemployment is below 3 per cent, Mr Yordanov says.
“This is the only city in the country where the 18- to 30-year-olds outnumber the over-50s,” he says.
Varna’s transformation has taken place without the inflows of manufacturing investments that have enabled other neglected Balkan cities to prosper. But it has still managed to attract its share of foreign investors.
Fraport of Germany, which manages Varna and Burgas airports under a 35-year concession agreement, has undertaken to invest €400m in upgrading terminals and runways at both airports to international standards.
Eon, the German energy group, which acquired two electricity distributors in north-east Bulgaria following liberalisation of the energy sector, has set up a local headquarters in Varna’s new business park. Office buildings, warehouses and supermarkets are springing up along the airport road. Varna is a hub for tourists staying at St Constantine and Elena, Golden Sands and Albena, the three main northern Black Sea Bulgarian resorts which attract close to 3m visitors a year.

Jonathan White, a software expert from the UK who settled in Varna four years ago, says: “This is a good place to work because of the catch-up factor, which means there is a variety of opportunities”.In contrast with Burgas, Bulgaria’s second port 130km further south, Varna lacks heavy industry – with the exception of a shipbuilding facility controlled by Navibulgar, the state shipping line, which is to be sold to KG Maritime, a German-led shipping consortium.

Teodor Rokov, a local historian, says that, if refurbishment continues at the current pace, Varna will overtake Odessa as the most attractive port on the Black Sea rim. “Our climate is better and the city is on a more intimate scale. In my opinion, there’s nowhere in Ukraine or Georgia that matches it,” he says.
Yet Varna needs basic infrastructure improvements to achieve its potential. The domestic terminal at the airport needs to be refurbished. It takes more than five hours to drive the 500km to Sofia on a poor-quality highway. The railway line, the first that was built in Bulgaria, needs to be upgraded and rolling stock renewed.

To a large extent, the retail sector is driving growth as Bulgaria’s new middle class equips homes purchased with mortgages. By 2010, Varna will have four multi-storey shopping malls. The city is also the headquarters of Piccadilly supermarkets, the country’s largest food-retailing chain, which was acquired last year for €100m by Delta Maxi, the retailing arm of Serbia’s largest business group.

“The local customer base here is growing very fast, along with demand for more upscale products. Then you have added demand because of tourists and foreign homeowners,” says Aleksandar Camparevic, Piccadilly’s managing director.

Orchid Developments, a property company listed on London’s Aim market, is building one of the largest shopping malls in south-east Europe in Varna, with 50,000 square metres of retail space available for rent. Guy Meyohas, Orchid’s chief executive, says: “We’re more than a year away from opening and we’ve already accounted for about 60 per cent of the retail space, with some high-end brands appearing for the first time in Bulgaria”.

Demand for better-quality housing, as well as tourist development, is causing the city to expand along the coastline in both directions.

Alfa Developments, a Bulgarian real-estate group, has acquired a former military barracks on a cliff-top site 15 minutes’ drive from the port to build a self-contained neighbourhood with homes for about 4,000 residents.

“We want to create a real community with homes of different sizes and prices. It won’t be a second-home development for foreigners,” says Elitsa Panayotova, Alfa’s chief executive.

Varna’s ambitious master plan, due to be implemented by 2014, would bring about another transformation. A €600m project backed by Japan’s international investment bank provides for widening and deepening a canal linking the commercial port with a lake on the west of the city.
“The port is right in the middle of the historic centre of the city. When it is moved, we’ll be able to create a unique waterfront for all our citizens to enjoy,” says Mr Yordanov.
The shipyard and port facilities would be relocated on the lake, freeing up space for a large marina and new waterfront developments. A second bridge across the canal would be built to carry increasing numbers of trucks travelling from Turkey to central Europe.



European farmland hits record prices

By Andrew Bounds in Brussels

Published: April 23 2008 18:34 | Last updated: April 24 2008 08:23

With prices of commercial and residential property falling, investors are increasingly turning to a more traditional asset: farmland. Long seen as a declining industry, farming has received a fillip in the last few months as global demand for food has increased. As a result, the cost of agricultural holdings across the European Union has risen to record levels.

In response several funds have recently been set up to buy farmland. In particular the UK, where prices have risen 40 per cent over the last year, has been active. Braemar, a fund manager, is one example. The Manchester-based group has been swamped with offers since it launched a fund this year.

While Braemar faced stiff opposition from farmers looking to expand, he said many were also looking to cash out after 20 years of flat land prices.

Braemar has also opened an offshore open-ended investment fund in Guernsey. “We have everyone from pensioners looking to avoid inheritance tax to stockbrokers looking for a secure investment,” he said.

Subsidy support

Germany joined forces with France on Wednesday in support of maintaining subsidies to farmers after 2013, when a new EU budget regime begins.

“Of course we could reduce direct payments to farmers if their incomes improved and the price situation allowed, but we shouldn’t scrap the payments as some, such as the UK, suggest,” said Gerd Lindemann, state secretary at the agriculture ministry in Berlin.


Andrew Shirley, head of rural research at Knight Frank, a property company that is establishing its own agricultural investment fund, said land prices were rising across Europe.

“It is not only UK land values that are increasing sharply, the global commodities boom means investment funds are looking further afield for cheap land and this is helping to drive prices up, particularly in eastern Europe and the former Soviet bloc where there are vast tracts of underutilised and potentially very productive land,” he said.

In Poland the US embassy reports that average prices rose 60 per cent between 2003 and 2006.

Even Serbia, another non-EU country, has seen a steep increase. Real estate analysts estimate arable land prices this year in Serbia’s agriculturally rich northern region, Vojvodina, at roughly €7,000-€8,000 per hectare this year, up sharply from €5,000 last year.

Foreigners cannot buy land in Poland until 2016, while other countries have also slapped on shorter bans to prevent outsiders cashing in. However, it is simple for investors to set up a local company to bypass the rules.

Countries with sales restrictions, such as France, are cheapest. Land is about €6,000 a hectare there because it must be offered first to young local farmers. However, land prices are still 50 per cent up on 2003.

Farmers say that stricter environmental rules are also causing higher prices. “You need more land to produce the same amount,” said Peter Gemaelke, head of the Danish farmers’ union. He said a recent reduction in the amount of nitrogen that could be used per hectare had lowered yields.

However, as investors eye the prospect of harvesting good returns, some observers caution against too much euphoria. “Until there is greater clarity about the depth of the problems facing the economy, one must add a note of caution,” said Mark McAndrew from Strutt & Parker, a UK-based property agency.

Additional reporting by Neil MacDonald in Belgrade, Guy Dinmor


Agricultural land most attractive property in Bulgaria, consultancy firm says

16:52 Tue 15 Jul 2008 - Svetlana Guineva

Holiday resorts and big Bulgarian cities do not seem such an attractive investment opportunity for foreign property investors any longer. Now, an increasing number of private and institutional investors see more value and profitability in agricultural and development land, consultants at Sash Property Solutions (SPS) said as quoted by, UK property blog.

SPS does an independent research of the Bulgarian real estate market and its recent findings showed that prices of agricultural land had risen by 40 per cent. The consultant company attributed this new trend to the lower risk and less involvement for potential buyers as opposed to buy-to-let and commercial properties. Compared to other European countries, agricultural land in Bulgaria much cheaper.

The tendency was to buy agricultural land in an attractive location, go through the process of regulation and re-sell it for a handsome profit, SPS advised. The downside of this procedure was the regulation process, which turned out to be a long, frustrating and time-consuming effort. quoted a former investor in agricultural land near Bourgas, who bought the property for nine euro a sq m. Two years later, after completing the regulation procedure, the owner sold the plot for 60 euro a sq m to a developer whose intention was to build holiday houses.

The property consultants also suggested that land in the periphery of the big cities appeared to be a good investment as well. Most cities’ development planning would soon feature enlargement toward the available vicinity plots. In a long run, the land price will increase and generate an easy profit at minimum risk, SPS said.

Business | October 24, 2010, Sunday
Bulgaria: China's Gateway to Europe. 
Bulgaria could become part of the China-Europe high-speed rail link.

A Bulgarian government delegation will visit Beijing for talks about key areas of transport (including railway freight traffic) and concessions of ports and airports.
The Bulgarian delegation will be led by Transport Minister Alexander Tsvetkov. It will be in China October 28-31, following a visit to South Korea.
It comes after of months of intensive contacts between the Bulgarian government and Chinese central and provincial authorities, as well as contact with companies on various potential joint projects. The projects include  the Bozhurishte Industrial Zone (near Sofia) and other projects, near Varna.

Bulgaria's Economy Minister Traicho Traikov has said, that China is interested in receiving Bulgarian airports and ports concessions China will use them as a base for its exports to the EU and the wider Europe.
The Bulgarian delegation will visit the Ministry of Railways in Beijing. Bulgaria and China will consider options for long-term joint ventures, between the Freight Directorate of the Bulgarian state railway, and Chinese railway operators.

These talks are part of China's project to launch a railway connection to Central and Western Europe, through Central Asia, Turkey, and Bulgaria, the so called "China-Europe high-speed rail link".
Bulgaria's Transport Minister Alexander Tsvetkov will meet with the largest port operator in China, COSCO Group. COSCO Group is looking  for concessions of Bulgarian ports. Varna Port is the largest Bulgarian port. Meetings with airport operations are also part of Tsvetkov's program.
The delegation will end its trip in Shanghai for the closing ceremony of the Schanghai Expo.

Chinese Businessmen: Bulgaria is Most Important Balkan State.
Business | October 11, 2010, Monday

Chinese businessmen have suggested that Bulgaria should increase the marketing and advertising of its goods in China, in order to boost the consumers' interest.
The suggestion was made by Wan Jifei, the Chair of the China International Trade Promotion Committee.
He led a delegation of 22 Chinese companies, which took part Monday in a joint forum with Bulgarian companies organized by the Bulgarian Chamber of Commerce and Industry (BCCI).
According to Jifei, Bulgarian producers should participate in exhibitions and fairs in order to popularize their products in the People's Republic. He also pointed out the opportunity of organizing a joint project for advertising between BCCI and the Chinese institution.

“Bulgaria is the most important country in the Balkans, and one of the markets with greatest potential in Central and Eastern Europe. One of the major reasons for the interest of Chinese companies in Bulgaria is the fact that with its good geographic location, it can turn into a door to Europe and its markets,” Jifei declared.

Bulgaria's Economy Minister, Traicho Traikov, has stated that there is an opportunity for traditional Bulgarian products, like yogurt, wine and essential oils to be promoted in China.
"However, we owe the business. We need to provide a better infrastructure and logistics,"Traikov said.
He has reiterated the government's intention to turn Bulgaria into "the EU door for Chinese imports."
Chinese companies have participated in several business forums with Bulgaria in the last few months. Traikov, as well as Bulgaria's Finance Minister Simeon Djankov, visited China, in order to present the opportunities for investment in Bulgaria.

So far,  China and Bulgaria has agreed to create a joint company to operate the future business zone in Bozhurishte, near Sofia.
According to information from the Bulgarian Ministry of Economy, the Bozhurishte project has an area of about 500 acres and close to 1/3 of them will be allocated to Chinese companies.
Minsiter Traikov has stated that Chinese companies are interested in investing in the fields of electronics, infrastructure, energy, agriculture, engineering and construction materials.
Bulgaria's Deputy Economy Minister, Evgeni Angelov, has stated that China also wanted to invest in the construction of the Belene nuclear power plant, Hemus Highway and in Kozloduy NPP.
Traikov has explained that the investment model has become more transparent. "The model includes funding from the China Development Bank and from the US Eximbank to companies, which want to invest in Bulgaria," he said.

In 2010, the trade between Bulgaria and the People's Republic of China started growing again, with a total value of USD 653 M in January-August 2010, a 36% increase year-on-year, according to the China International Trade Promotion Committee. According to data of the Bulgarian National Statistical Institute, Bulgaria's exports to China grew by 252.3%, year-on-year.

Please search (and for more information about Bulgaria, Varna and in land around Varna for investment, commercial and industrial purposes.
Varna is the second largest economic zone in Bulgaria and a major logistics and production center, due to Varna International Airport, the modern Varna Port, International railway links and motorways connecting Varna and Bulgaria with the Black Sea countries and the Balkan peninsula.
Varna City (Bulgaria) is a major gateway to the rest of Europe and EU, and production costs and land prices are the lowest in all of Europe.

China bulgaria. Chinese flag. China flag. Bulgaria china business investments. land for sale in bulgaria. 中国保加利亚。中国国旗。中国国旗。保加利亚中国商业投资。在保加利亚的土地出售。 GOOGLE translation:
商業 | 2010年10月24日,星期日

保加利亞代表團將由交通部長亞歷山大 Tsvetkov。這將是在中國 10月28號至31號,以下訪問了韓國。

保加利亞經濟部長 Traicho Traikov所說,中國有興趣收到保加利亞機場和港口的優惠,中國將使用它們作為一個基地,其出口到歐盟和更廣泛的歐洲。

保加利亞交通部長亞歷山大 Tsvetkov將與中國最大的港口運營商,中遠集團。中遠集團正在尋找優惠保加利亞港口。瓦爾納港是保加利亞最大的港口。會議還與機場業務的一部分,Tsvetkov的方案。

商業 | 2010年10月11號,星期一

他率領的代表團 22日中國公司,參加週一在保加利亞公司聯合舉辦的論壇,由保加利亞商會和工業(國商)。


保加利亞經濟部長 Traicho Traikov曾指出,有一個機會,保加利亞的傳統產品,如酸奶,葡萄酒和香精油對擬提拔的中國。
中國公司已經參與了一些與保加利亞商業論壇在過去數個月。 Traikov,以及保加利亞財政部部長西蒙Djankov訪問中國,以目前在保加利亞的投資機會。

到目前為止,中國和保加利亞已經同意建立一個聯合公司經營在未來的商務區 Bozhurishte,近索非亞。
據了解,從保加利亞經濟部,該 Bozhurishte項目的面積約 500畝,接近1 / 3,他們將被分配給中國公司。
Minsiter Traikov曾表示,中國公司有興趣投資於電子領域,基礎設施,能源,農業,工程和建築材料。
Traikov解釋,投資模式已變得更加透明。 “這種模式包括資金,由中國開發銀行和進出口銀行從美國的公司,它希望在保加利亞投資,”他說。

2010年,貿易,保加利亞和中華人民共和國的中國開始恢復增長,總價值美元653 M在一月至2010年8月,36%的年升幅,按年,根據中國國際貿易促進委員會。據資料,保加利亞國家統計研究所,保加利亞的出口增長了252.3%,中國,按年升幅。

請搜索 (和 的更多信息,保加利亞瓦爾納和瓦爾納附近土地的投資,商業和工業用途。

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