Tuesday 16 June 2009

Bulgarian Property Action Group Formed

If you've had any problems with property purchases in Bulgaria - and quite a few Irish investors have significant problems there - then you'll be glad to hear that someone is trying to do something to relieve the plight of Bulgarian property owners.

The Bulgaria Property Action Group (BPAG) is seeking to bring together as many people as possible that have experienced problems with off-plan property purchases in Bulgaria in an attempt to help resolve any issues which have arisen.

The group aims to provide help, support and information for those who need it. It is also an action group of people who want to see changes that will help them seek justice and recompense for any losses they may have incurred.

Pamela East, the project's administrator, says: "There are currently huge problems with the way that real estate transactions are conducted in Bulgaria. The group want to see legal and structural changes that will give protection and provide a legal framework in the Bulgarian property market. We also want to see a process which will enable them to seek redress for any losses and to prevent such problems happening again."

For further information on the group and how it can be contacted visit the full press release on the OverseasCafe.com website.


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