Bulgarian Deputy PM with Penthouse for EUR 400 per Sqm and Undeclared Terrace

Имотът е от неговия зет, съпруг на сестрата на Каракачанов

The epidemic of cheap properties and undeclared terraces did not miss Bulgarian Deputy Prime Minister and Minister of Defense Krassimir Karakachanov, who was recently questioned about a property acquisition in 2017, but the topic subsequently subsided. The media blackout is, however, unfair because the price paid by Karakachanov is ridiculously low, and he has not declared a terrace of 117 square meters, just like the Chairman of the Committee for Combatting Corruption and the withdrawal of illegally acquired property (KPKONPI) (sic), Plamen Georgiev.

Consequently, Karakachanov’s property acquisition came at only EUR 380 per square meter. During the time of Karkachanov’s purchase, apartments in the same condominium had been sold for over EUR 1,200 per square meter.
The Property Register gives scarce information about Karakachanov’s deal, listing only the cadastral number of the site and the area of 0.000 square meters. However, the information in the Cadaster is definite: this cadastral number matches a two-level apartment, with a first level of 149.25 square meters and a second level of 61.02 square meter and terraces of 117 square meters.

Even without the terraces/balconies, there is no way that this 210 square-meter home with such a location and being a penthouse can cost the declared BGN 1,150 per square meter. In 2017, the same company, “Sofmetal 07”, sold an apartment of 70 square meters in the same building for BGN 176,024 or over twice the price – BGN 2,514 per square meter, and this unit is not a penthouse with a huge terrace.

On the other hand, there is no sign of this terrace in Karakachanov’s property declaration. Perhaps, like Plamen Georgiev, the Chairman of KPKONPI, the Deputy Prime Minister has decided that these are undivided shares that are not subject to declaration.

Like other senior politicians – a swap with an additional charge

Karakachanov’s declaration to the KPKONPI shows that he and his wife, who is a prosecutor at the Sofia Court of Appeals, have exchanged another penthouse of 164 square meters, valued at BGN 114,273 for their current one. Additionally, under the contract with the company, the two have paid an additional fee of over BGN 35,000. The total amount of the swap and the additional payment is BGN 184,273 and it does not match the declared price of BGN 264,273. A third price is entered in the Property Register – BGN 243,048.6.

There is not a single mention of a terrace of 117 square meters. However, if the size of the terrace is also taken into account, the Deputy Prime Minister’s deal falls below EUR 400 per square meter.

The company “Sofmetal 07”, which exchanged the apartment, is owned by Dimitar Hristov Nemski, a former partner of oligarch Grisha Ganchev. It is the successor of the company “Kemsteel”, which deals with scrap, and in 2014-2015 had an arms export license.

***

If you find this article useful, support our work with a small donation.

Pay a Bivol Tax!

We will highly appreciate if you decide to support us with monthly donations keeping the option Monthly

You have chosen to donate 10.00€ monthly.

Select Payment Method
Personal Info

Credit Card Info
This is a secure SSL encrypted payment.

Donation Total: 10.00€ Monthly

Извършвайки плащане Вие се съгласявате с Общите условия, които предварително сте прочели тук.

Please, read our Terms and conditions here.

Биволъ не записва и не съхранява номера на Вашата банкова карта. Плащанията се обработват през системата Stripe. Даренията за Биволъ с банкови карти се управляват от френската неправителствена организация Data for Reporters Journalists and Investigations - DRJI.

Bivol is not recording the number of your bank card. The card payments go through Stripe. Card donations for Bivol are managed by the French NGO Data for Reporters Journalists and Investigations - DRJI.

Select Payment Method
Personal Info

Credit Card Info
This is a secure SSL encrypted payment.

Donation Total: 5.00€

Извършвайки плащане Вие се съгласявате с Общите условия, които предварително сте прочели тук.

Please, read our Terms and conditions here.

Биволъ не записва и не съхранява номера на Вашата банкова карта. Плащанията се обработват през системата Stripe. Даренията за Биволъ с банкови карти се управляват от френската неправителствена организация Data for Reporters Journalists and Investigations - DRJI.

Bivol is not recording the number of your bank card. The card payments go through Stripe. Card donations for Bivol are managed by the French NGO Data for Reporters Journalists and Investigations - DRJI.

лв.
 
The current exchange rate is 1.00 EUR equals 2,00 BGN.
Select Payment Method
Personal Info

Внимание: с този метод сумата ще е в лева, а не в евро. Можете да изпратите "Данъкъ Биволъ" електронно през Epay.bg или с банков превод. От територията на България можете също да изпратите пари в брой през EasyPay, или да направите превод през банкомат, поддържащ услугата B-Pay.    

Donation Total: 10,00 лв.

Извършвайки плащане Вие се съгласявате с Общите условия, които предварително сте прочели тук.

Биволъ не записва и не съхранява номера на Вашата банкова карта. Плащанията се обработват през системата Stripe. Даренията за Биволъ с банкови карти се управляват от френската неправителствена организация Data for Reporters Journalists and Investigations - DRJI.

SMS код BIVOL

За да подкрепите с малка сума нашите разследвания и автори, можете да изпратите SMS на кратък номер. Ще получите с обратен SMS линк към нашия архив.

  • Изпрати 1,2 лв. на номер 1851 с код BIVOL и получи достъп до Архивите на Биволъ
  • Изпрати 2,4 лв. на номер 1092 с код BIVOL и получи достъп до Архивите на Биволъ
  • Изпрати 4,8 лв. на номер 1094 с код BIVOL и получи достъп до Архивите на Биволъ
  • Изпрати 12 лв. с два смс-а на номер 1096 с код BIVOL и получи достъп до Архивите на Биволъ

Сумите са с включен ДДС. Моля, имайте предвид, че това е най-неефективният начин да подпомогнете Биволъ, тъй като комисионната на мобилните оператори достига 60%. Ако имате възможност, използвайте някой от другите методи на плащане.

Криптовалути

За да ни изпратите биткойни сканирайте QR кода или използвайте един от двата адреса: Standard: 1EY3iwkPXiby6XFsyCcVPGZPYCGPbPeVcb

Segwit: bc1ql28g7qnvdmenrzhhc7rtk0zk67gg4wd9x9jmmc

Latest posts by Екип на Биволъ (see all)

This post is also available in: Bulgarian

Вижте също / Read Also