The story
Early success
Bulgarian Dreams sold off plan properties in Bulgaria, marketing the country as an up-and-coming destination with a rapidly developing economy and growing tourist trade. The company was well regarded and won International Residential Property Awards for Real Estate Agency in three consecutive years 2004-2006 including Best Real Estate Agency, Best Property in Bulgaria, Best Property Website and Best Development in Bulgaria from 2004 through to 2006.
The company received widespread news coverage.
Ceasing Trading
The London office closed around the end of 2008 but the Sofia office remains open and in contact with clients. The Bulgarian Dreams website was replaced in early 2009 with a statement from the company stating that they had decided to cease trading due to prevailing economic conditions. Customers were instructed to liaise directly with the developers of their properties.
From Wikipedia’s article on Bulgarian Dreams, shared under CC BY-SA 4.0.3