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The EN 15733 serves the protection of consumers throughout Europe and

The EN 15733 serves the protection of consumers throughout Europe and

11.10.2010
  The first uniform, Europe-wide standard for the services of real estateagents has now been published. The European standard for real estate agentservices, the EN 15733 Services of real estate agents - Requirements for theprovision of services of real estate agents, was published by the Europ...
Boney M Singer Eyes Bulgaria’s Black Sea Coast for Buy

Boney M Singer Eyes Bulgaria’s Black Sea Coast for Buy

15.07.2010
                   Maizie Williams, one of the original members of the successful 70s disco music group, Boney M, plans to buy a small house along Bulgaria’s Black Sea. The famous singer has expressed her wish in ...
Bulgaria Still No. 1 on Russia's Real Estate Market

Bulgaria Still No. 1 on Russia's Real Estate Market

07.07.2010
      Bulgaria remains on the top of the list of the Russian real estate market, according to the organizers of the first in Russia international competition for best vacation properties. The competition is affiliated with the Russian edition of the 35-year-old British “Home ...
The Russians are coming...the Russians are coming

The Russians are coming...the Russians are coming

20.05.2010
     The Russian appetite for foreign real estate is still in its infancy, particularly compared to the overseas buying frenzy among the British. Yet there is every sign that Russian buyers are on the move, aided by a flourishing domestic economy and an ever-widening choice of overse...
Property in Bulgaria predicted to stabilise in second half of 2010 with Sofia le

Property in Bulgaria predicted to stabilise in second half of 2010 with Sofia leading the recovery

20.05.2010
  Property in Bulgaria predicted to stabilise in second half of 2010 with Sofia leading the recovery   Bargain prices, a good choice of supply and more suitable credit conditions are poised to help lift the real estate market in Bulgaria out of the doldrums, according to analysts.&n...
Bulgaria 2009: Property Market Face the Crisis

Bulgaria 2009: Property Market Face the Crisis

06.03.2009
The decrease of prices of newly-constructed housings in Bulgaria is within the frame of 8-12 per cent year-on-year. Bids for housings under construction, pre-fabricated housings and village estates show the greatest reduction of 20 to 30 per cent compared to last year. Prices of housings with c...
Bulgaria offers good value

Bulgaria offers good value

11.03.2008
According to Teletext Holidays, the cost of food and drink in places such as Sofia is much less than in many other European countries. For example, a pint of beer in Bulgaria was said to cost an average of 49p, compared with £1.56 in Spain. In addition, the study found that a three-cour...
Property Investment in Bulgaria

Property Investment in Bulgaria

11.03.2008
The Bulgarian property market has been on an increase over the last few years. The prices are expected to continue to rise in 2008, although is will be less than the 30% of 2007. The potential is great in this region, particularly with the commercial and industrial property. The city of Sofi...
Bulgaria to See 20% Rise in Residential Property Prices in 2008

Bulgaria to See 20% Rise in Residential Property Prices in 2008

21.02.2008
Amidst a global cooling of the property market, residential prices are forecast to grow by up to 20% in 2008, down by an average of 15% last year. In view of the forecast rising prices following the county's accession to the European Union, the sellers on the house market decided to play a...
Europe's largest property fund declares interest in Bulgaria

Europe's largest property fund declares interest in Bulgaria

19.02.2008
Dutch TKP Pensioen Real Estate Fonds (TREF), which claims to be the biggest property fund in Europe with investments of more than one billion euro, has declared its interest to invest in Bulgaria, investor.bg quoted the head of real estate investment at TKP Investments, Robert-Jan Tel, as sa...
Land plots worth 262M euro sold in Bulgaria in 2007

Land plots worth 262M euro sold in Bulgaria in 2007

19.02.2008
according to data of consultancy firm Real Capital Analytics, Pari daily reported on February 18 2008. The report includes data on the performance of office, retail, hotel, industrial space and buildings plots on real estate markets worldwide, but only for deals above 10 million US dollars....
International Celebrities go crazy for Sofia

International Celebrities go crazy for Sofia

19.02.2008
Property investments in Bulgaria, particularly in the capital Sofia, are attracting the attention of Hollywood celebrities and music stars and prompting the emergence of a new luxury market, according to real estate analysis. Antonio Banderas and Morgan Freeman, who spent time in Bulgaria fil...
YourMortgage.co.uk: Bulgaria highlighted as a property hotspot

YourMortgage.co.uk: Bulgaria highlighted as a property hotspot

19.02.2008
a global investment specialist has revealed. James Gonzalez, market analyst, said property has been the country’s main economic driver, recording a turnover of £11.36bn in 2007. UK property investors accounted for 40% of all property investment in 2007, with Russian investors acco...
Huliq.com: The Bulgarian property boom shows no signs of slowing

Huliq.com: The Bulgarian property boom shows no signs of slowing

02.01.2008
The Bulgarian property boom shows no signs of slowing; but Bulgaria's expected adoption of the Euro in 2011 means investors need to move quickly to snap up the best deals. Bulgaria's recent ascension in to the European Union has vastly increased its attractiveness to British holidaymakers as...
Economist.com: Eastern Europe in 2008

Economist.com: Eastern Europe in 2008

02.01.2008
The most urgent thing to hope for is a soft landing for economies grown complacent amid perpetual sunshine and friendly faces. Large imbalances and a global credit crunch are an alarming mixture. Lars Christensen, a hawkish analyst of the region at Danske Bank in Copenhagen, notes that twitc...
The Russian Factor in Bulgarian Real Estate Market

The Russian Factor in Bulgarian Real Estate Market

02.01.2008
The supply/demand ratio remained the same, according to Green Life Property Development research, so ensuring a smooth development of the market during the new winter season. However, interest in holiday properties in Bulgaria from UK buyers has decreased by 70 per cent. This was mainly due...
Sofia - Europe's 'Best Value Property' Capital

Sofia - Europe's 'Best Value Property' Capital

11.10.2007
Research by ERA Bulgarian Real Estate stated that the city was the cheapest capital in Europe. Figures showed that while cities such as Luxembourg had average property values of ?485,000, Sofia offered prices of about ?78,000. ERA also reported that there was lots of activity in the city's pr...
British Real Estate Interest Shifing Towards Mountain Resorts and Cities

British Real Estate Interest Shifing Towards Mountain Resorts and Cities

11.10.2007
...Paul Collins, an expert with the BuyAssociation web site, said on October 5, as quoted in an interview for investor.bg. While until recently, Brits were prone to buying property at Bulgaria’s Black Sea resorts, now they were more and more turning their attention to residential and vaca...
Bulgarian Property Developments buys key land plot, stake in shopping centre

Bulgarian Property Developments buys key land plot, stake in shopping centre

11.10.2007
BPD said it bought a 53,676 m2 plot of land in Ruse, in the north of the country, for 1.40 mln eur excluding VAT. BPD said Ruse is located at a point where a strategically important transport corridor crosses the river Danube by a rail and road bridge, making it an excellent location for di...
Ski Property Think Bulgaria & Ukraine Latest Winter Hot Spots

Ski Property Think Bulgaria & Ukraine Latest Winter Hot Spots

09.10.2007
Bulgaria and Ukraine offer lower prices and superb Ski resorts all at a fraction of the cost of the more established resorts. With summer memories fading as the temperature begins to drop, many holiday travelers’ thoughts are turning towards the winter and the best places to ski. Th...
Property prices increasing across Europe

Property prices increasing across Europe

09.10.2007
The Global Property Guide found that eastern European markets saw the largest rate of growth, with countries such as Bulgaria recording a year-on-year increase of 28%. Meanwhile, the Polish market saw house price inflation of 8% in the year to July 2007. The high rate of growth in eastern...
Sofia 'is cheapest European capital'

Sofia 'is cheapest European capital'

03.10.2007
A study by ERA showed that the price of residential property in the Bulgarian capital was lower than in any other European capital city, reports the Novinite news agency. The research stated that people entering the property market in Sofia could make a purchase for an average 78,000 euros....
Colliers: Bulgaria Holiday Homes Supply on the Rise

Colliers: Bulgaria Holiday Homes Supply on the Rise

03.10.2007
...real estate consultants Colliers said on Tuesday. The number of such properties in the mountain resorts grew by more than half in the first six months of the year to reach 76,500 at end-June. The growth was most significant in the Bansko area, including Razlog, which accounts for 78% of t...
EU status increases confidence in Bulgarian property market

EU status increases confidence in Bulgarian property market

03.10.2007
According to BuyAssociation, the property advice website, while the eastern European country was already popular with investors the fact that it is now a member of the EU - having joined in January this year - means buying property in the country is now a lot easier. "It means that the prop...
RussiaToday: Russian homebuyers flock to Bulgaria

RussiaToday: Russian homebuyers flock to Bulgaria

01.10.2007
With house prices at home going through the roof, many Russians are looking abroad to get a foot on the property ladder. And Bulgaria is increasingly becoming the destination of choice. Its culturally similar to Russia and, most importantly, its affordable. For many Russians, the dream ...
Bulgaria World Champ in Property Prices High Jump

Bulgaria World Champ in Property Prices High Jump

01.10.2007
Bulgaria's residential property market has recorded the world's second-highest increase in prices in the second quarter of 2007, overleaped solely by Latvia, according to a new global research. Residential property prices in Bulgaria jumped by 27.1% in the second quarter of this year, up b...
Telegraph.co.uk: Property prices in Bulgaria have risen strongly

Telegraph.co.uk: Property prices in Bulgaria have risen strongly

01.10.2007
The changes have been generally positive. Building standards have improved and now have to adhere to EU regulations. Property prices have risen strongly over past years in anticipation of EU accession. Although prices have continued to rise in 2007, the pace has been slower. What attraction...
Investors in Bulgaria 'could cash in on value increases'

Investors in Bulgaria 'could cash in on value increases'

01.10.2007
Local newspaper the Sofia Echo stated that polls by other media outlets had found that real estate agents across the country all thought that property values would continue to go up. Some have estimated that in major cities such as Sofia, values could increase by as much as ten per cent bef...
Bulgaria Boasts Europe's Highest Rate of Property Ownership

Bulgaria Boasts Europe's Highest Rate of Property Ownership

01.10.2007
A total of 94% of Bulgarians owned property in 2006, marking an increase of 3% over the previous year, according to the study of international real estate broker network ERA that compared data from seventeen European countries. Another 60% of Bulgarians own more than one property. Cyprus an...
Metro.co.uk: It pays for Brits to live in Bulgaria

Metro.co.uk: It pays for Brits to live in Bulgaria

20.09.2007
A ruling in the Balkan state has forced authorities to pay EU nationals out of work in the country the same benefit rate they would get at home. It means Britons would receive £230 a month, which is more than the £140 -a-month average wage in Bulgaria, and nearly four times as much...
Bulgarian property set for major price increase

Bulgarian property set for major price increase

20.09.2007
According to the Sofia Echo, polls by various media outlets have shown that real estate agents across the country widely expect property values to keep increasing. Some have predicted that between now and the end of the year, the price of property in some major cities could rise by up to te...
Bulgarian Property Prices 10 Per Cent Up Before End of Year

Bulgarian Property Prices 10 Per Cent Up Before End of Year

19.09.2007
This was the consensus among real estate agents in Bulgaria, actualno.com said. Property prices are going up daily and there is no reason in the near future for a dramatic decrease. There was still a large demand. For some of the offers there were three-four clients. The highest interest w...
Cheap flights boost international property prices

Cheap flights boost international property prices

19.09.2007
According to new research by the organisation new routes can highlight the next property hotspots, provoking increased returns for investors. One such example of the effect can be seen in Bulgaria where new flights from Easyjet and Ryanair to the country's ski and beach resorts - launched in...
Existing houses in Bulgaria 'are good investments'

Existing houses in Bulgaria 'are good investments'

19.09.2007
Balkan Holdings said that off-plan properties would not be as good for investors, as the available supply outweighed the level of demand. By contrast, some existing houses were said to be "ridiculously cheap" by western standards, with better investment potential. Chris Northam, managing dir...
Nearly 40 000 UK Citizens Own Property in Bulgaria

Nearly 40 000 UK Citizens Own Property in Bulgaria

12.09.2007
UK daily The Independent said that Bulgaria featured as one of the most attractive destinations for property buyers where one could still buy flats worth 34 000 euro.   Brokers quoted by the paper however warned that investors should no longer expect quick and easy returns.   It ...
Russians and Britons lead Bulgarian investment

Russians and Britons lead Bulgarian investment

12.09.2007
A study by Green Life Property Development added that investors from other countries such as Romania and Kazakhstan were also looking at entering the market, reports Focus. Specifically, the Black Sea region was highlighted as a hotbed of activity, as it was a popular tourist spot. However...
Bulgaria Nine Positions Up in Economic Freedom of the World 2007

Bulgaria Nine Positions Up in Economic Freedom of the World 2007

12.09.2007
Bulgaria ranked 56th in 2007, while in 2006 it was 65th. Poland, Greece and Uruguay also improved their ranking by as much. The 2007 list is led by Hong Kong, followed by Singapore, New Zealandand and Switzerland. The Economic freedom of the world 2007 report measures the degree to which ...
Bulgaria Rises in EIU World Investment Rankings

Bulgaria Rises in EIU World Investment Rankings

12.09.2007
On the back of improving business environment, EU integration and sustained economic growth, FDI last year reached a record USD 5,2 B, the equivalent of 16,4% of gross domestic product (GDP). However, with most privatisations complete, it is expected to stabilise around USD 2,3-2,5 B over t...
Direct flights to open up Bulgarian market

Direct flights to open up Bulgarian market

12.09.2007
The scheduled flights will begin on November 6 and they are expected to prompt other low-cost carriers to follow suit, encouraging increased travel to the country. Easyjet will fly three times per week from London Gatwick to Sofia on Tuesdays, Thursdays and Saturdays. The average prices fo...
House prices continue to boom in Bulgaria

House prices continue to boom in Bulgaria

03.09.2007
Quest Bulgaria, an English language magazine for those looking to buy or rent in Bulgaria, forecasts a further 20 per cent increase in average prices before the end of the year. Demand in the country has shifted inland away from costal resorts toward urban and rural areas. However the re...
Why Sofia will offer strong and stable property price growth

Why Sofia will offer strong and stable property price growth

03.09.2007
...Neil Lewis – CEO, Property Secrets has been travelling Europe in search of locations for his 200% club - Locations that have achieved, or are set to achieve, 200% capital growth over a five year time period. The final port of call for Neil was Sofia, which has proved to be a good cont...
Large European Industrial Property Companies Interested in Bulgaria

Large European Industrial Property Companies Interested in Bulgaria

03.09.2007
Bulgaria and Romania are particularly attractive in view of their recent European Union accession, economic growth, low property prices and their decreasing populations' purchasing power, investor.bg reported. After the boom of the residential and business property markets, the two countri...
Foreigners Buy EUR 817 M of Bulgarian Real Estate in the First Six Months of 200

Foreigners Buy EUR 817 M of Bulgarian Real Estate in the First Six Months of 2007

28.08.2007
...in the first six months of the year, Bulgarian National Bank (BNB) data showed on Tuesday. The figure is a 79% increase over the same period of last year, when foreign buyers paid EUR 457 M for real estate in the country. Real estate buys accounted for nearly 40% of all foreign direct inv...
Bulgaria - property demand rising

Bulgaria - property demand rising

27.08.2007
The resorts of Kavarna and Balchik have joined Golden Sands and St Konstantin as desirable locations for those looking for second homes in the eastern European country, reports Sofia Echo. Research from imot.bg revealed that demand for holiday homes in these regions rose between 40 and 50 p...
The Move Channel: EU status boosts Bulgaria

The Move Channel: EU status boosts Bulgaria

20.08.2007
Six months on from becoming a member of the European Union, Bulgaria’s tourism industry is booming, with a massive 30% increase in tourists from EU countries visiting the country in the first half of this year, The Move Channel writes. Dominic Pickering, Chief Operating Officer, MRI Overs...
Property in Bulgaria Could Pay a Retirement

Property in Bulgaria Could Pay a Retirement

18.08.2007
...Miranda John, manager of the independent mortgage broker Savills Private Finance, said. The country is now considered a medium-risk investment location, she said, as quote by the UK's The Daily Telegraph. The number of lenders who will finance purchases in Bulgaria is increasing, alon...
Real Estate Operations with Most Direct Investment for January-June 2007

Real Estate Operations with Most Direct Investment for January-June 2007

16.08.2007
...have been attracted to the sector connected with real estate operations, rents and business services. They amount to 729.3 M EUR. The revenues from the sale of real estate to foreigners are 817.4 M EUR compared to 456.9 M EUR for January-June 2006. Compared to the previous month the tot...
New direct flights to Sofia 'good news' for investors

New direct flights to Sofia 'good news' for investors

16.08.2007
The airline said that the new route, which is one if seven unveiled to destinations also including Romania and Poland, reflects the airline's "continued commitment to growth in Central Eastern Europe". Flights will run three times a week from Gatwick to the Bulgarian capital Sofia. Propert...
Property Investment Market in Bulgaria to Reach $3.7 Billion by 2011

Property Investment Market in Bulgaria to Reach $3.7 Billion by 2011

16.08.2007
Deutsche Bank property subdivision PREEF said in a recent report that the investment market of business property in Eastern Europe would grow by 100 per cent by 2011, investor.bg reported. PREEF defined the investment market of business property as such properties that are owned by profe...
Sofia 'offers good investment potential'

Sofia 'offers good investment potential'

11.08.2007
...despite extensive development in other Bulgarian areas, according to experts at Off Plan International. It is argued that Sofia has strong potential for investors taking a longer term approach, with properties that are likely to appreciate in value and high tenant demand for the foreseea...
Bulgarian commercial property sector grows

Bulgarian commercial property sector grows

11.08.2007
attracting increased investment activity from foreign and domestic investors. New research from real estate group Colliers International suggest that notable growth is being evidenced across all commercial segments in Bulgaria's real estate market, led by the retail sector... In addition, averag...
Holiday destinations influencing property choices

Holiday destinations influencing property choices

08.08.2007
Kate Hamilton, editor of property magazine Homes Overseas, claimed that enjoyable holidays often encourage people to buy property in certain countries, leading to a correlation between tourism levels and property demand. This is evident in the Bulgarian property market, as housing demand and...
Low-cost links with Bulgaria improved

Low-cost links with Bulgaria improved

03.08.2007
It has been announced that the low-cost airline Whizz Air is to offer flights between London and Burgas in Bulgaria during the winter. The firm stated that it will offer a service for travellers three times a week, landing at Luton airport, reports novinite.com. Such a service will be offere...
Russians Snap Up Holiday Homes in Bulgaria and Montenegro

Russians Snap Up Holiday Homes in Bulgaria and Montenegro

03.08.2007
The two destinations currently attract 20 per cent each of the overall property interest of Russians. Compared to the first half of 2006, Russian interest in buying real estate in Bulgaria and Montenegro has almost doubled, according to money.bg. Teodora Dimitrova, head of the Bulgarian bra...
Eastern Europe 'more attractive' for property

Eastern Europe 'more attractive' for property

31.07.2007
The fact that the market in western Europe is currently undergoing a similar price boom to that of the UK means that properties in the east of the continent are a lot more attractive to buyers, Your Mortgage has claimed. However, editor of the magazine and website Paula John rejected claims ...
The housing market: 20 ways to win

Telegraph.co.uk: The housing market: 20 ways to win

31.07.2007
Rising interest rates, mortgage hikes, spiralling London prices and, elsewhere, a flattening market; flooding, the HIPs fiasco - and now, Gordon Brown's much-hyped housing bills. Depressing? It doesn't have to be. Ross Clark and Anna Tyzack offer an alternative guide to finding a home &nbs...
Housing prices in Bulgaria jump 5.4%  in the second quarter of 2007

Housing prices in Bulgaria jump 5.4% in the second quarter of 2007

24.07.2007
Bulgarian apartment prices rose by an average of 5.4 percent in the second quarter of 2007, the National Statistical Institute reported on Monday. The data covered the price of flats in 28 cities and towns. Compared with the first quarter of the year, when the average price of residential proper...
Banks in Bulgaria set up real estate agencies

Banks in Bulgaria set up real estate agencies

23.07.2007
These agencies will cater directly to mortgage borrowers, according to Dnevnik newspaper. Bank-owned agencies can offer homebuyers incentives unavailable elsewhere. They also provide legal advice, insurance and leasing options. Raiffeisenbank Bulgaria, Postbank, UniCredit Bulbank, Bulgarian ...
Holiday houses in Bulgaria, half a price of those in Romania

Holiday houses in Bulgaria, half a price of those in Romania

20.07.2007
Romanian seaside houses are 50% more expensive than the ones on the Bulgarian seaside, shows a study of a real estate agency quoted by Romanian news agency NewsIn. The difference is bigger when it comes to mountainside houses as the price of such a property in Romania's Carpathian Mountains...
Bulgarian cities 'are best for investment'

Bulgarian cities 'are best for investment'

20.07.2007
Instead of looking to a tourist destination for a retirement home in the sun, investors should concentrate on Sofia or Varna, Les Calvert has said. The Director of overseas property website Property Abroad, has suggested that investing in the two cities will guarantee year-round rental income...
Bulgaria - from Communist block to building blocks

Bulgaria - from Communist block to building blocks

20.07.2007
Once a part of the old Communist block, Bulgaria was not a popular holiday destination for westerners. Now it is a growing attraction for tourists from all over the world. Stretching along the shores of the Black Sea, Bulgaria has become a growing favourite holiday spot for sea and ski lov...
Bulgaria is the most recent newcomer as a European golf destination

Bulgaria is the most recent newcomer as a European golf destination

16.07.2007
Both of the operating golf courses are located near the capital Sofia near the towns of Elin Pelin and Ihtiman, approximately 40km from Sofia. The third was opened in 2004 and is located in the town of Sliven some 90km from the Black Sea. The number of British, Russians, Scandinavians and...
Fund to Invest 150 Million Euro in Property in Bulgaria, Romania and Serbia

Fund to Invest 150 Million Euro in Property in Bulgaria, Romania and Serbia

16.07.2007
Forty per cent of the fund is owned by Italian investment company Aedes Investissement. In February 2007 it announced plans to invest in the property market in Central and Eastern Europe, investor.bg reported. The company's strategy envisions investment in partnership with a construction ...
Reuters: Equest raises stake in Bulgaria ski resort project

Reuters: Equest raises stake in Bulgaria ski resort project

12.07.2007
... ($35.61 million), including a capital contribution. EIB already owns 50 percent of a holding company that owns 67 percent of Rila Samokov, which is the land owner and primary developer of the project in the Borovets mountains, it said on Wednesday. Rila owns nearly two million square met...
Sofia to be Bulgarian property hotspot

Sofia to be Bulgarian property hotspot

12.07.2007
Property Secrets believe that the next growth area for the new European Union member will be in inner city areas rather than at the traditional coastal resorts as more people look for rental and holiday accommodation. Sofia has a population of just over one million people but recent investme...
Bulgarian market still increasing in value

Bulgarian market still increasing in value

12.07.2007
The Bulgarian property market is still increasing in value despite not being as "lucrative" as it once was, according to the director of an overseas property company. Les Calvert, director of Property Abroad, said that while development of Bulgaria "won't go on forever", prices in the marke...
Real estates market gave rise to loans to foreigners

Real estates market gave rise to loans to foreigners

06.07.2007
and a considerable part of that amount is due to foreigners willingness to buy, land, villas, or housing in this country. In fact, business in real estates is one of the most quickly developing ones in Bulgaria and has become the main source of attracting foreign capitals into the country. Some bank...
Bulgarian property prices continue to rise

Bulgarian property prices continue to rise

06.07.2007
The Bulgarian property market has shown positive signs of growth in recent times, continuing to attract a steady stream of investors to the emerging European hotspot. As such, property prices are rising accordingly. Residential property prices in the Bulgarian capital Sofia have increased by ...
Bulgaria remains strong option for UK investors

Bulgaria remains strong option for UK investors

04.07.2007
Britons looking to invest in Overseas Property are advised to look east to Bulgaria. According to the latest property tracker index released by the investment firm Assetz, the country is the second best place in the world to make a good return on a Property Investment. Notably, the UK buy-...
Bulgarian market: for three months property prices rise by over nine per cent

Bulgarian market: for three months property prices rise by over nine per cent

04.07.2007
a former communist country. In its first three months after joining the EU in January 2007 Bulgaria has seen average residential property prices rise by over nine per cent, according to the National Statistical Institute Compared to other European hotspots, property prices in Bulgaria ...
Foreigners Increasingly Interested in Bulgaria's SPA Property Destinations

Foreigners Increasingly Interested in Bulgaria's SPA Property Destinations

04.07.2007
Velingrad, which has already established itself as a spa destination, is growing in popularity. Research shows it is among the top destinations for both foreign and Bulgarian investors. Agents said that Velingrad had the potential to develop into a European resort and into one of Bulgaria...
Bulgaria Property Market still tops for Real Estate Investment

Bulgaria Property Market still tops for Real Estate Investment

04.07.2007
even though its tourist hot-spots are showing potential signs of overheating, according to a new research data. While the United Kingdom ranks top for investment returns, Bulgaria is a close second. The remaining top five are rounded out by Canada, Cape Verde and Cyprus respectively. While...
Property prices in Bulgaria to increase 10 per cent by the end of 2007

Residential property prices in Bulgaria to increase 10 per cent by the end of 2007

27.06.2007
Residential property prices in Sofia went up 16 per cent in the first quarter of 2007 and those in Varna 18 per cent as compared to figures for the last quarter of 2006, ERA managing director Teodora Dimitrova said as quoted by investor.bg. For the same period, vacation property prices at the ...
Bulgarian Real Estate - investment opportunity for the next five to ten years

Bulgarian Real Estate - investment opportunity for the next five to ten years

27.06.2007
Spain is one of the most popular destination for British investors looking to purchase a property abroad, according to financial provider HSBC. The firm stated that more than 500,000 British property owners have invested in real estate in the country. "Low interest rates, cheap and frequent fligh...
Property in Bulgaria - unbeatable prices

Property in Bulgaria - unbeatable prices

27.06.2007
The current boom in Bulgarian property consists mainly of high quality new developments in both the ski resorts like Bansko and the seaside resorts along the Black Sea Coast. Property in Bulgaria caters for all tastes, whether in terms of location or property style, and offers unbeatable prices....
Bulgaria property yields post twofold decline over past 5-yr

Bulgaria property yields post twofold decline over past 5-yr

26.06.2007
The rate of return has declined from around 9% in 2002 to just over 4% at present as the market moved into an oversupply of residential and holiday developments and rent rates eked out less than modest gains, said Krasimir Gumnishki, manager credit consultations at Creditex. At the moment, retai...
France and Spain retirement favourites but Bulgaria catching on

France and Spain retirement favourites but Bulgaria catching on

25.06.2007
Traditional holiday hotspots such as France and Spain remain British retirees favourite Overseas Property destinations, although the popularity of emerging tourist markets like Bulgaria is quickly gaining pace, BuyAssociation has revealed. Britons tend to retire to countries which already have a st...
EXPO REAL 2007: More Eastern European Participation than Ever Before

EXPO REAL 2007: More Eastern European Participation than Ever Before

25.06.2007
Bulgaria and Romania became members of the European Union (EU) on 1 January 2007, and Brussels is also negotiating with Croatia and Macedonia. Albania, Bosnia and Herzegovina, Montenegro and Serbia are considered as additional potential candidates. Europe is not only changing politically; growt...
Bulgarian property market is ideal

Bulgarian property market is ideal

22.06.2007
Bulgaria is enjoying a strong property market since joining the European Union, claims real estate portal RightmoveOverseas. Interest in the country has grown, with the website reporting that site searches for Bulgarian property has doubled since the start of the year as more people become aware...
Property Investors Turn Attention to Spa Resorts in Bulgaria

Property Investors Turn Attention to Spa Resorts in Bulgaria

22.06.2007
An increasing number of apartment buildings in the resorts have spa centres and promote the powers of mineral springs. A number of closed-type complexes are being built the region of Bansko winter resort, famous for its numerous mineral springs. The complexes usually include a hotel part with sp...
Bulgaria now is much more secure for investors

Bulgaria now is much more secure for investors

21.06.2007
Bulgaria's accession to the European Union has ensured that the country's property market is far more secure for investors, one expert has claimed. Justin Figgins, head of RightmoveOverseas, claimed that demand for property is expected to increase as the country experiences high levels of foreign...
Bulgarian mortgages attractive to foreign investors

Bulgarian mortgages attractive to foreign investors

20.06.2007
The Bulgarian mortgage market is becoming increasingly active with interest from European investors, research has found. Published by the Sofia Echo, a survey by MKB Unionbank claimed to reveal growing interest in the Bulgarian real estate market from UK citizens, in addition to rising demand fr...
Loans for foreigners in Bulgaria

Loans for foreigners in Bulgaria

20.06.2007
The bank said its new service was prompted by the growing foreign interest in the Bulgarian real estate market. With this, MKBU is financing purchases of houses and apartments. “The surveys showed that the Bulgarian mortgage market is becoming more and more attractive for foreigners. Besides ...
Bulgaria and World Bank in multi-million euro renovation project

Bulgaria and World Bank in multi-million euro renovation project

15.06.2007
The World Bank has agreed to lend Bulgaria 15 million euros (&pound10 million) to invest in its infrastructure and social inclusion projects, it has emerged. Nearly 450km of roads in Bulgaria will be renovated using the World Bank funding, the Sofia Echo reports. It is thought that Bulgaria,...
Guardian: Bulgaria is now the third largest real estate destination for British

Guardian: Bulgaria is now the third largest real estate destination for British investors

14.06.2007
As of the end of May Bulgaria is the third largest real estate destination for British investor's. The Association of International Property Professionals (AIPP) described the position of Bulgaria as "phenomenal". Only Spain and France are ahead as the top two markets for British investments in rea...
Register as a Bulgarian company to own land; you’ll save taxes, too

Register as a Bulgarian company to own land; you’ll save taxes, too

08.06.2007
Bulgaria has modern laws governing the buying and selling of property, more or less the same as those found throughout the European Union (EU), yet rough spots remain in their administration. After all, the country’s transition from communism to a multi-party free market system has been long ...
Telegraph.co.uk: Bulgarian Property blitz

Telegraph.co.uk: Bulgarian Property blitz

07.06.2007
Spain, Britain's favourite second-home location, recorded a 1.8 per cent drop over the same period.     Tahir Ali of Bulgaria Revealed said, "Nearly a third of Bulgaria's buyers are foreign nationals: not only British but Irish, German, Italian and Russian." http://www.telegraph....
Bulgaria Mantains Leading Position in Property Market Attractiveness Ranking

Bulgaria Mantains Leading Position in Property Market Attractiveness Ranking

07.06.2007
The ranking included 12 European capitals and placed Bratislava and Istanbul at the first two positions. GPG compared several factors including prices per sq m, annual rental income, taxes, transaction costs, GDP and legislation in the country, investor.bg reported. EU membership requirements a...
Bulgaria is a hit with investors

Bulgaria is a hit with investors

05.06.2007
Overseas investors, many of which are from the UK, have been buying up property and real estate in Bulgaria, according to reports.Russian property website Prian.ru has revealed that foreigners bought Bulgarian real estate worth 310 million EUR in the first quarter of the year, which is 63 per c...
Bulgaria in Top 3 Tourist Destinations for Europeans

Bulgaria in Top 3 Tourist Destinations for Europeans

05.06.2007
This summer the travelling agencies expect a 12% growth in the number of foreign tourists in Bulgaria and 60% of them will come from the EU member states. In the last four years the country has gained popularity because of its luxurious hotels, unconventional tourist offers and the attractive ...
Foreigners Buy EUR 310 M of Bulgarian Real Estate in Q1

Foreigners Buy EUR 310 M of Bulgarian Real Estate in Q1

05.06.2007
The figure is a 63% increase over the same period of last year, when foreign buyers paid EUR 190 M for real estate in the country. Real estate buys accounted for nearly 40% of all foreign direct investment in January-March, helping offset flagging inflows, according to the BNB figures. Bulgaria...
Our Participation on the International Property Fair-Exhibition in Moscow

Our Participation on the International Property Fair-Exhibition in Moscow

07.04.2007
The annual international fair-exhibition “Other Home” is the only specialized exhibition of foreign realty, cottages and townhouses, the resort real estate. This year from 20 to 23 of September the exhibition “Other Home” will be held for the seventh time. Exhibition Company "Privet-E...
Our Participation on the Property Expo LATEXPO in Riga - Latvia

Our Participation on the Property Expo LATEXPO in Riga - Latvia

07.04.2007
“LATEXPO” is one of the leading exhibition companies in Riga and the only company that is totally independent of any exhibition halls. From 1994 LATEXPO have been organizing international exhibitions and trade fairs in Riga, the capital of Latvia. In these ten years LATEXPO have conducted...
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