Search found 493 matches

by Admin
Thu Jul 12, 2018 3:01 pm
Forum: Problematic property purchases
Topic: Golf Club Ibar- Dolna Banya, Bulgaria
Replies: 42
Views: 23274

Re: Golf Club Ibar- Dolna Banya, Bulgaria

Dear Investors, To those seeking money from Golf Club Ibar Plc. - they were announced insolvent with decision of Bulgarian court. All creditors are now asked to register their claims before the court of insolvency in Sofia. Failure to register in the next 1+2 months will mean to forget about your mo...
by Admin
Mon Dec 04, 2017 4:04 pm
Forum: Problematic property purchases
Topic: Orpheus Valley by BulgaRe - Pamporovo
Replies: 229
Views: 70233

Re: Orpheus Valley by BulgaRe - Pamporovo

Dear Orpheus Valley Investors, The biggest news recently, related to the developer Bulgare development, was just announced. Sofia City Prosecutors' Office asked Sofia City court to announced a decision for termination of the company. The court cases was initiated on 16.11.2017 and it is still early ...
by Admin
Fri Nov 11, 2016 10:36 am
Forum: Problematic property purchases
Topic: Orpheus Valley by BulgaRe - Pamporovo
Replies: 229
Views: 70233

Re: Orpheus Valley by BulgaRe - Pamporovo

Dear June, There is no progress made with this development. Unfortunately our information that the developer has completely abondoned the projest is now confirmed. Bulgare development JSC are completely out of the picture now as they have no intention to proceed with completion. People who have purc...
by Admin
Wed Nov 09, 2016 9:09 am
Forum: Problematic property purchases
Topic: Golf Club Ibar- Dolna Banya, Bulgaria
Replies: 42
Views: 23274

Re: Golf Club Ibar- Dolna Banya, Bulgaria

Dear investors,

The insolvency procedure of the company is re-scheduled for 03.02.2017 as the expert needs more time to complete her report on the financial status of the company.

Bulgariandeals Team
by Admin
Tue Oct 04, 2016 8:02 am
Forum: Insolvency procedures against local developers-Updated -19.01.2016
Topic: Insolvency procedure against Aheloy Residence Ltd.
Replies: 4
Views: 10609

Re: Insolvency procedure against Aheloy Residence Ltd.

Hi Badger, We do not have information about the complex being purchased as the insolvency procedure is still not completed, which means no sale is actually performed. The assets of the previous developer should be first evaluated and then taken to auction, which is going to happen in next months. Bu...

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