Properties in Bulgaria

Vineyard located in a beautiful area near a crystal clear lake, and surrounded by green hills.

• Road Access

• Age: 20 yrs
• Area: 3000 - 7558 sq.m.

In 1945 the Communist Government nationalized all the land in Bulgaria and formed Agricultural Unions, where the land was property of the state and the people received salaries for cultivating it. The status quo was kept for 45 years and in 1990, when the Communist Regime fell, the land was restored to the owners. The majority of the people could not afford to maintain the vineyards and many of them are now desolated.

In the recent years, the vine producing industry is picking up, mainly in the region of Targovishte, an area which has excellent conditions in terms of climate and soils, for growing vines. Bulgaria's leading wine producer is concentrating in this area and they already won many local and international rewards, which indicates that the wine producing sector is growing and developing again.

The vineyards we are offering are 20 years old, from the sort Rakazitelli, and need replanting. Currently, there is an active subsidy programme from the EU towards the vine producing industry in Bulgaria, and the mountainous areas receive twice the subsidy.

Additionally, in relation to the vine producing quotas within the EU, it is no longer permitted to create new vineyards in Bulgaria for the time being. You can however replant and improve the existing ones, and the EU will help you do it by covering up to 50 % of the costs. Signifficant increase in price of the vineyards is expected due to the abovementioned reasons.

Also, ask yourself please, how many of your friends have their own vineyard?

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