Seaside Real Estate in Albania for $23,000

[@gokhanvatansever5324]

Bla bla bla. Have you ever been in Albania? You have to double or triple check before payment in Albania. Because Albanian land records are always problematic. You may see many owners on the same property. It is very headache. Do not buy any property cash. You always have to buy with a mortgage. If you are using a mortgage, banks are very sensitive about land records. If the land records are unclear or problematic, banks will warn you immediately. I strongerly suggest you never pay cash to buy any properties.

[@samuweljon4001]

Hi, do they give foreigners mortgage?

[@klwthe3rd]

Who can you trust to give you the accurate land records??? I want to pay cash for my property but i don't want to get screwed over as you mentioned? Are there services that can help you assure you are dealing with the correct owner of the property?

[@jo_gaia]

What other ways to check the land records without the bank?

[@brendataylor8388]

🤣🤣🤣my sentiments EXACTLY!

[@abc123-lf4rw]

Don't be stupid! Every buy or sell property in albania is completed only through notary office and the banks. Zero possibility for troubles.

[@beauchampfrancois151]

Isn’t 1000 euros a meter cheap anyway? 😝

[@albania8982]

I'm Albanian and I live in London. Yes of course Albania it's not at the same level as Greece or Croatia but still it's a cool place to visit. It's a bit messy but that is the beauty it's different to Spain and Greece and Croatia where everything is in order. I've been in few places around the world but I still go to Albania every summer..It's beautiful bit rough but people are nice. Plus it's not dangerous as people think. Listen I've been to Jamaica coz my wife is a Jamaican and bloody I couldn't rent a car and go around the country coz people saying it's not safe. At least my wife comes to Albania and we travel all ova and we have no problem..🇦🇱🇦🇱🇦🇱🇺🇸🇺🇸🇬🇧🇬🇧

[@Marika19.09]

Молодец братан. Поздравляю с таким красивым браком. Привет тебе из Западной Африке, страна Гвинея Конакри

[@woodingsmichael]

I was in Albania for 2 months while waiting to get into Georgia and it was awesome!! People are so nice. Tirana is underrated for sure!!

[@shanguelei]

Mike, you are lame.

[@adamdemirs3466]

My grandfather fled Albania in 1905 to get away from the Ottoman. He snuck into Greece and came to America on the SS Gerty. Now that America is headed towards socialism and collapse I am considering going back to Albania.

[@albowrx]

Brother, I am in the same boat, but considering Albania is a vassal state the WEF goons will ony mke it worst for us there. Not to mention the country is overpopulated, At least in US, you can dissappear in rural areas where people are like-minded and can see what is going on.

[@GlobalMindsetRealism]

😂. You’ve got to be kidding me. This place is not stable.. you’ll see..

[@ladyliberty]

Exactly what I'm thinking

[@investigatelife8281]

🤣

[@TheTerrainWizard]

Same!

[@frankgori1325]

In Vlora the government is also building an airport and a tunnel that connects Vlora to Dhermi.

[@Winterwalker442]

@Lock Down Lmao cope and seethe loser. Vlora is awesome

[@rid.h.tom.4296]

@Lock Down yeah, keep thinking that. And keep away!

[@2paranoid484]

@Lock Down 🤡🤡

[@2paranoid484]

@Lock Down the Greek gay energy is showing 🤡🏳️‍🌈

[@xk2listed194]

@Lock Down 3 bedroom villa with swimming pool in Green coast resort cost 1 million € + . Similar 3 bedroom villa with swimming pool in Greece, Croatia, ( European countries) is 500.000 € Get lost from here you muppet.

[@christopherhouse7937]

Can USA expats buy property in Albania, and become permanent residents?. What are property taxes like?

[@zlaja454]

i bought a 4bdrm Condo with the terrace all around for 24k in Sarajevo BiH, reno was under 4k, that was 8yrears ago, now my condo is 210k

[@aroundtheworld1692]

I love Albania but DON’T buy houses in Saranda, come August to May, Saranda is like a dead town with many apartments still empty and I know a lady from Tirana trying to sell her new apartment for years and it is still sitting there. You cannot resell because even the builders can’t sell off their new apartment that are sitting there for over 10 years. There are too many apartments and demands are low and not a good place for AirBNB only in the Summer for 2-3 months the place is busy.

[@armandpelivani3227]

@@markmielke5283 yes can take vlora for example ,for e mounth prices jumped from 850 euro for square meter to 2000 euro for square meter .

[@minimouse0285]

which cities would you recommend?

[@theItalianshamrock]

You should make this a series. Show the great properties that are affordable all over the world. I would share them with all of my family in hopes the leave the US

[@rhondagraham6390]

I agree!

[@jorgemoll5994]

Very interesting real state offer in Albania. Great job, Mrs Destani!!

[@nomadcapitalist]

Thank you, Jorge.

[@NomadicDmitry]

I own a property in Albania and I would say that it's a mixed bag. On one hand you have a very inefficient social services. On other hand - prices are still quite affordable. Not sure if I'll buy another property here, but owning a studio or apartment here is fine. Even just for summer months and vacations. Although there are many areas where Albania needs desperate improvements.

[@neilhupping9106]

Is every Eastern European employee you have an attractive young lady? 😛

[@banzaaiiiii]

god forbid, have you seen the western women nowdays? You just gotta vormit, i rather stay to my eastern european and middle east(turkish,lebanese) ladies

[@amorepsyche808]

I have a one bedroom apartment in front of the sea (5 meters from the beach)in Albania in Durres, I would like to sell it. This area now it will be transformed in a yacht marine port… how can I listed internationally? How can I find clients from UK ect?

[@deerskin4225]

One thing you brushed over Andrew, is that there is a real issue around getting proper title. Right now there are some foreigners in Saranda who dont even know they dont have valid title to their property. Because not only the developer but also the notary and the lawyer played together. So yes, if you like the place why not buy. But high caution recommended.

[@MdubFrederson]

Albanian music might be a deal-breaker... yeeesh

[@tony232cool]

you can buy a beach front property in albania with sun setting view for less money then a toyota camry. definitly buy as much as you can but theres always risk of instability in the region and the risk of government confiscating foreing property. It has happened in the past both scenarios so es a good value but also some risk.

[@tlesta666]

Dear Mr Henderson, Thank you for the content and vast knowledge you provide us with. From reading the comments i see alot of people that say the same thing over and over again which is help us 5/6 figure blue collar individuals so we can prosper to. Is there a chance of a second channel just for that target group? P.S Please excuse my grammar Regards TANGO OF LEICESTER

[@jimmccann3856]

Good video! Especially for the 5 and 6 digit retiree crowd. And the alternate host is much easier on the eye than you are, Andrew. Well done.

[@anakein]

Lol

[@AgathaLOutahere]

Isn't there a substantial gangster element in Albania?

[@Winterwalker442]

Im Albanian myself. There’s an elite criminal element but you’d be surprised there is virtually no gang violence of any kind in the country.

[@delbomb3131]

I went to high school with an Albanian immigrant and he would go full ptsd when asked about what Albania was like. But that was 20 years ago so 🤷‍♀️

[@Daniel-wh4px]

@@delbomb3131 he probably has ptsd when albania was a communist country

[@delbomb3131]

@@Daniel-wh4px nah, I'm pretty sure it was related to the Kosovo conflict

[@enea7682]

Yes is very unsafe place, like people may come at you ask where are you from and be friendly, nice and all, is all a set up for kidnapping,have you seen the film “taken”, yessssss they were albanians😒🤪🤪🤪🤪

[@dancooper5741]

Why buy the cow when milks so cheap. Rental in these places is peanuts & your not stuck with neighbour & locality issues . Then throw in building faults & Title ownership problems & you’ll have fun selling it. It’s a good feeling knowing your capital is doing well in a blue chip safe haven investment fund & your paying peanuts in rent & can simply toss the keys back to the owner & let him worry about fixing the toilets.

[@dj4monie]

Yes and no. The reason you pay more to rent some places vs another is the fact that 1) Newer buildings need less maintenance but are more expensive 2) Cheap apartments no matter where they are typically owned by Cheap Charlies. Fix your toliet? Not a chance or he might, depends on a equality cheap 3rd party labor likely a relative to fix your broken whatever.

[@samshaw1443]

It’s about security. Owning your own cow means you don’t have to worry about milk. These videos are targeted at people for whom 23 grand isn’t a lot of money

[@Palaecro]

I agree, a lot of research needs to go into any property investment, especially foreign. In almost every case I've found its not worth the hassle.

[@arjan5071]

As an albanian investing in the coastline is really smart decision. The albanian gonverment plans to invest a lot to renew the infrastructure which will bring the value of this properties up.

[@Karl__Pierre]

Haha yup same in Italy cheap properties well located and people mocked me. I've got two of them and adding more !

[@RedNismo370Z]

Cheap seaside property in Italy?? Please share where?

[@marshallderriek1858]

My wife of 25 years was born there and escaped from the communist regime .. most of her family still lives there .. people have very short term memories of the horror that tool place there .. something that terrible is always still lurking under the surface

[@ReAl-uu8ku]

It is still a communist country and the Prime Minister is the nephew of a politburo member. He is corrupted to his bones together with his brother. They make Putin blush. Don't buy real estate there. It is cheap for a reason. Too good to be true!

[@Killajmj]

time to buy and get out of aussie

[@henrinovruzaj9483]

My friends don't waste your time. You will get what you pay. If you are coming in Albania with the idea of buying property in these price levels, than you are at least 5 years late. It is an agent with 15 years of experience saying it.

[@klwthe3rd]

Can you recommend a real estate agency that can find these cheaper apartments even if they aren't near the ocean? I'm worried about working with an agency that isn't on the up and up.

[@henrinovruzaj9483]

@@klwthe3rd l earn my living doing real estate. It depends on what you can spend. There are still opportunities but less and less as time passes.

[@klwthe3rd]

@@henrinovruzaj9483 but the corruption? Can you address that please in detail?

[@henrinovruzaj9483]

@@klwthe3rd I see you a little confused. Real estate has nothing to do with corruption. Even in business now there is little influence. You should create your own opinion about the country. We have clients from almost every country of the world here and never met anyone who had issues with corruption or similar phenomenas.

[@johnnyprice6141]

Loved this video!!!!! Thanks nomad. Hope we will see more videos like this in the future!!! Great job.

[@teomcmeo8905]

Lol, I love newbs! 0.5 BTC? WE'RE TALKING ABOUT 0.5 BTC?!?!?! Lolllll....we went from Bitcointalk nerds and libertarian weirdos to this. Nobody listened. Well, they are now.

[@dingdong8242]

The Russian oil tycoons had their infancy phases after the fall of communism on the early 90 if you had lined up with them since that time there is pretty good chances you would have been well off yourself as well . The Same has been happening in Albania for the last few years , the country’s soon to be tycoons , foreign investors (melia,Jared kushner )are heavily invested)in the real estate and building industry. If you want to invest in Albania ? Buy Properties into the luxury market as it’s still into the in their infancy phase given what Albania is aiming for .which is tourism for the elites .as it’s already happening

[@franzjosef7728]

There's no rule of law there, don't give people bad advice.

[@bark2931]

Hopefully the music irritated the haters

[@capitalm1257]

Interesting advert but before you buy please remind yourself that nothing is cheap without the reason.

[@greeceundiscovered9670]

Albania didn’t really go along with the Cvid nonsense they have one of the lowest jab rates in Europe, I give them a lot of respect. Coming from a Greek.

[@kaigerritkrause]

Well said

[@banzaaiiiii]

our genetic brethren♥

[@teomcmeo8905]

NOOOOoooOoOo you're going to kill people!!!! wEaR yoUr mAsK yoUrE beiNg sELfiSH!!!!

[@greeceundiscovered9670]

@@teomcmeo8905 lol

[@donh5794]

Didn't really go along? They resisted a little or a lot?

[@6GSF]

Andrew these apartments are terrible , at least the loo seat was down in one , handy with a washing machine next to the bed ! can you look at 100K and start to share some real ideas these places are bedsits for students

[@stuartsinclair1134]

I paid 66k euros for a two-bed house with 500 sqm of land by the beach.

[@urossimic5289]

When you bought it? Price right now is very high.

[@ivasong]

Bring back more of Sadife, she is cute

[@metalgirl]

Is that a washing machine next to the bed??

[@mzm4245]

😂🤣😂for those lazy days when you need to do laundry

[@shahrahman904]

Is there a reliable website to buy Albanian property from?

[@abdelrahmansayed717]

Brilliant, but we need to know about the integrity od the title process and the authintication of the ownership there.

[@andre1987eph]

Yeah but when you leave your $20,000 house in Albania does your shit get stolen?

[@kling8460]

If the rental return is really low to non existent.. given people can rent something much nicer for very cheap.... is it worth buying a basic box that is difficult to resell and comes with maintenance costs? Genuine question...

[@RogersMgmtGroup]

with all those worries I’d suggest avoiding all real estate worldwide. stay happy

[@sofiamaslanova5758]

​@@RogersMgmtGroup😂😂😂

[@kellyjohna]

That's nice. I have a friend that's been to Albania and it's one of the most corrupt places on the planet. It would be like buying property in Nigeria, maybe slightly better. So Andrew usually I like what you have to say but you need to do a little more research on Albania.

[@roshiroshi1240]

Your friend lied to you. It's not that corrupt and has nothing to do with countries like Nigeria. You should do a little research about Albania before you write a comment. Just FYI Albania is one of the safest countries in Europe.

[@kellyjohna]

@@roshiroshi1240 Right, and I got some swampland in Florida just for you at a very special price. Special price for special person...

[@roshiroshi1240]

@@kellyjohna 🥴🥴🥴

[@roytor-bem1967]

Isn't it public knowledge yet that the USA is more corrupt than Nigeria? It's just a matter of perception.

[@kellyjohna]

@@roytor-bem1967 Nigeria is #1 for murdering. Christians. All you gotta do is head North young man, North Nigeria ... and you will see

[@Alhan2222]

Albania is such an underrated country

[@whitneyhulme6326]

I was there in September 2020, if I wasn't stuck in Canada right now I would be going back pronto...the amount of different landscapes from north to south are breathtaking and the food is mouth watering :) The roads were great and lots of maintenance and new roads being built...

[@wrathford]

I went to Albania twice fo rmonth long visits. Stayed at a beachside apartment. Friendly locals and great food!

[@vanfja]

This is such a great video! Nomad Capitalist showing some of us blue collar working expats some good investment options.

[@deank.4169]

I don't understand. I thought this guy has "7 figure clients"

[@deank.4169]

@@markmielke5283 Nope, it's done for the clicks because the 99% will dream of stetching their dollar but never move there. Go on location and show us what the "7 Figure Clients" are interested in.

[@enea7682]

As a place to live is like meahhh, as a place to relax is great, people are good, government is garbage but the real estate market is definitely rising and in summer all places are full, but you still need to be present in all season to visit it and don’t forget that in albania we mostly use cash( we are slowly getting in cards😅

[@larifari4371]

Why do you need to be präsentiert all seasons? Burglerys?

[@enea7682]

@@larifari4371 totally forgot to say : to visit all Albania. As for burglers is not that common, thanks anyway for remembering me

[@bismillahschool]

Yes it's becoming a Good Options when regular houses( not estates) like a 3 bedroom house going for 1.5 to 2 million dollars; we kept renting amdcrents and also house peoce went Insane we fear of becoming homeless; the rent for a 2 bedroom in Toronto area going for about 2000 to 2100 a month;

[@haych27]

Excellent to know! Another country to add to the list of places to live

[@Flat_Earth_Addy]

lol you mean a country to die in?

[@robincarvey7492]

Where is Gonzalo Lira?

[@RedNismo370Z]

LOL probably hiding in a basement in Kharkiv...

[@klwthe3rd]

With the SBU in Ukraine. Not Albania! Heheh

[@klwthe3rd]

@@RedNismo370Z With the SBU in jail in Ukraine! Haven't you heard the latest news?

[@RedNismo370Z]

@@klwthe3rd of course I did! With the new anti nazi laws they recently passed in Ukraine, hopefully our russian asset will enjoy the ukrainian jails for a few years! 🤣👍🏻🤦🏻‍♂️🤡

[@TyHudson42]

I’m working my rear off Bro!! It may take me a few years, HOWEVER!!!! I will become a Client of yours ASAP!!!!😎🖖

[@nomadcapitalist]

We will be happy to serve you.

[@danielcastaneda2181]

The blood spatter themed bed sheets sold me!

[@morrismak]

For a price of a Carola/Camry....while Americans are sleeping in their cars....sounds good to me

[@buseini]

I bought 2 apartments in Durres Albania for 100,000 Euros!! Love it

[@nomadcapitalist]

Welcome to Albania.

[@MRStimac]

Beautiful place to spend time. Love Albania, but if it is just for investment I would look elsewhere. Yeilds are low, and demand isn't increasing

[@aroundtheworld1692]

Where would you look?

[@donh5794]

That's ok, too many countries are being overpriced just for investment.

[@synewparadigm]

I have not seen a better return on RE investment than in the US.

[@xk2listed194]

If demand is increasing it means the prices will double. Albania is Marshall plan. Don't judge Albania now ?

[@g-10]

This kind of video is very interesting. How much would it cost between notary, attorney, taxes etc.? Who should be contacted to buy one of these apartments (or others)?

[@Error44123]

Those are not too expensive.

[@merlinblackmore3169]

Not really sure why you've got those horrible shoeboxes on here when you're helping "7 & 8 figure entrepreneurs". Let's see what's available for 100K + please.

[@jpytp5820]

Does Albania have CBI?

[@royjaber571]

What's that

[@pg618]

I've got 5 million and not sure what to do with it maybe you could help, but I should mention that it's Vietnamese 5000000 Dong. Have any advice?

[@Bryanzebox]

Buy some good crypto in the next bear market

[@milan51259]

Buy a cup of coffee :-)

[@synewparadigm]

😂

[@intelliGENeration]

Lol… 😂

[@haqq4260]

I was just in Albania last month for a 1 week vacation in Vlore. I can say that it was very nice and the people were as nice as anywhere else in Europe. Go to Vlore that is where I was and I also visited sarande. I SPEND a lot of time in Italy and this place had more beaches with easy access to get to whereas in Italy you have nice beaches but they are at least in the Naples/sorrento are harder to access (down steep cliffs etc etc). I found this site because I want to buy something there now that airport is opening in early 2025. I will use 2 lawyers to do property title due dillengence and will take a shot. I doubt the country is going back to communism. Trust me, this is the last place you will see these kind of good deals. JARED KUSHNER. Is pumping a billion into Albania.

[@TheWalkingCameraChannel]

Love these apartment videos. Keep up the great work Nomad Capitalist

[@jusuftheeagle6772]

There is no property in Albania for that kind of money anymore. Saranda apartments are 200K and an apartment in Vlora old style start at 50K but need to be gutted out and renovated. The apartments you showed might be 100m to the sea but it is a 100m drop down a set of steps on a sheer cliff LOL. Mine was 75,000 euro ten years ago and was only that cheap because it has no ownership certificate. Cheaper properties can be had in Spain and Montenegro as of 2014

[@johny5933]

I'm sorry mate but you are wrong with the pricing!

[@richardcontinijr9661]

At those prices you can buy 2 smaller apartments. Combine them into a nice size place with a little renovation and live very well on the beach for 100k. You're not doing that anywhere in America for the same price.

[@Flat_Earth_Addy]

lol why?

[@malcolmnicoll1165]

Albania's economy is expected to grow6-7 % in the next couple years. Hope this gem doesn't become californicated (over priced, over populated) too soon.

[@Informed_Citizens]

How about Lithuania? I have heard that it is possible to buy an appartement with about 30 000 $, is it true?

[@mixnmichael1]

Do they have any good pizza there? Asking for a friend.

[@TrivkaKovac-es7mj]

for 20000 to buy in albania property and live with this wild and very strange people

[@chrissithlord4760]

Years ago, I thought of buying apartments in Romania. I will check out Albania.

[@J0HN_3_16]

Permanent residency and citizenship options in Albania?

[@Rainy_Day12234]

Find a place that shares your values and is hospitable to foreigners.

[@deniskraja3358]

with 1 Btc u can buy 2+1 house 60 70m2 in albania or close to beach or turistic villages very cheap and friendly lovely people a betet life u ccan have a lot options to do in albania mountain sea rivers everything or open new bussines there not big taxes u can see with ur eyes.

[@Flat_Earth_Addy]

lol cheap and friendly? Expensive and rude and dangerous! Taxes are higher here than any nation in Europe. And it is impossible to open a business in Albania! lol Why are you all liars and criminals?

[@KikiLachowski]

Noo , stop promoting out real estate. The prices have already gone too much up for us locals how much more will they be getting 😢?

[@felixantonioilinca9111]

In Thessaloniki you can get a 20,000 house with land at the beach

[@blackeagle7947]

Oh come on be serious. You're kidding, right?

[@christopherhouse7937]

Does Albania have nice beaches? like is the water clear and warm like the Caribbean region?.

[@kling8460]

Beaches are amazing but is May-September for swimming so not Caribbean

[@christopherhouse7937]

@@kling8460 How about the food in Albania 🇦🇱 is it good!?

[@aalldldakekjs8981]

@@christopherhouse7937 its great and people are incredibly friendly. I can only recommend you go there even if its only for a week and get your own impression of the place.

[@metalgirl]

You should show some luxury condos/ houses that are good deals or need to be renovated. I’m sure your channel has some people that are ready to retire that have money!

[@hosam2011]

can I get residency permit if I bought apartment ? and how many days I need to stay in for renewal

[@gokhanvatansever5324]

No

[@airwaystravel]

Albania is the paradise 😮🎉 lovely ! Love Albania from Belgium

[@adventistanalyzer1056]

Thanks! Your audio bumpers are always 3x louder than your vocals.

[@pokeamaniwillnotbereplaced]

I would like to see 3/4 bedroom apartments, villas and houses because as the property prices are so low compared to the rest of Europe & UK.

[@carpetbaggerface]

i love the albanian themed nomad capitalist music!

[@goldenwarrior5664]

Thank you for sharing your properties

[@nomadcapitalist]

Our pleasure!

[@Milestonemonger]

United Arab Emirates last year invested 2 billion euros in the transformation of the Port of Durres.

[@deniskraja3358]

Guys if u wana to be happy no stres a new life new homes close to the medterrian sea for summer or buy house cheap modern go to Albania, or to open ur own bussines no big taxes u have a choise to live normal life no stres go Albania.

[@Flat_Earth_Addy]

Stress free in Albania? It is nothing, but stress, corruption, high prices, low wages, high taxes, expensive real estate, angry people, highest murder and crime in all of Europe!

[@josephhannabach5854]

In their senior years my parents were so disrespected and abused that I became an expat. Keep up all your work and expose these jackals and wolves for what they are. A long time follower. Joe

[@Broke_Expat]

Thank you so much!!! High on my list of first places to "live" in when I retire shortly.... If I could pay cash then set up an Airbnb biz while I am not there, that would be awesome! Now to research all that... Thanks again

[@Flat_Earth_Addy]

Impossible.

[@comegowithme]

Actually heading there in January! I’m pretty sure you can do that without a problem.

[@stewartshriver1008]

Andrew this was an interesting video, I like to hear you, but it was refreshing to hear from Sadife.

[@nomadcapitalist]

Glad you enjoyed it

[@Legacytierstrategies]

The bitcoin is actually superior property.

[@Kolach0]

Now this is what I’m talking about Dre. Not that shit hole called Colombia where is dangerous AF and the average flat in Bogota or Medellin doesn’t go below 65k in a semi decent area.

[@onnasun8122]

I really enjoyed this presentation.

[@nomadcapitalist]

Glad you enjoyed it!

[@kamilkravt1797]

Europe is not a safe place anymore . Albania is too close to current conflict that can last for years and spread to neighboring countries

[@SvenPerryGA55EER]

albania ? quaqes ? no thank you

[@johnmallow2879]

Have you been there? its cheap for a reason...

[@sammiesmith6690]

I was in Albania 🇦🇱 for two months & you can buy properties for that amount of money 💰 or slightly higher.

[@QuintaJoryal]

boring and dishonest

[@penguindesign63]

A cloth washer can be used as a night stand. lol

[@Vitapericolosa656]

Bullshit , you wont buy sheet with that money ! Dont get tricked buy this guy ! Sea side estate start at 1000 euro and up

[@user-ug7ur5ou5e]

Very expensive for Albania

[@DEIMOSLOL]

lol weird transitions

[@martonadorjankecskes9052]

On the Bulgarian seaside, some properties are at an even lower price: 350-500 Euros/sqm.

[@sekelj79]

szerbiaba meg olcsob is van.

[@tiborveres6811]

Bihalybasznadin is olcsobb

[@martonadorjankecskes9052]

@@sekelj79 en modern (15-20 eves) resort tipusu butorozott apartmanokrol beszelek...

[@zkf5448]

@@sekelj79 can you give examples

[@norbertk.5328]

In which city? Is the Bulgarian economy booming?