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Sofia � The
Hottest Spot in South-East
Europe
My name is Victor and I work as property consultant for
Properties in Bulgaria in Sofia headquarter office. I am sure that most
of you have heard of the
�Prague phenomenon�. It
doesn't really matter if you have bought anything there or not � the
facts, the articles and the materials in the mass media are
unavoidable. The hype of the property market there was like a
nuclear blast � it started locally but went global immediately. As
the Czech
Republic became a part of
the EU the prices dramatically rose up. A lot of people took
advantage of the market and have bought properties there and have
made a lot of money. Now the European property market has a new star
� Sofia, the capital of
Bulgaria.
Sofia has
been a major city since the Roman Empire
times. From then on the place attracts people with the mineral
waters, attractive location and rather good opportunities. Now, over
two million people live in the city and form a fast growing property
market. Just for the last 8 years the prices were multiplied by
factor more than four. On the other hand there will be investments
of tens of billions euros in shopping centres, malls and
infrastructure. The tube/underground will be finished by 2011, and
the ring road will be ready till the end of 2009.
The trends show that a lot of people would rather rent a
property than buy it � the reason is mainly due to the lack of cash.
Also in the near future most of the big international companies will
set up representatives or even production centres in the area. Most
of them would need property for their associates and workers, and it
is for sure, that they would prefer rent to buying. In other words -
that means that there will be a hunt for renting and buying of two
kind of property � those with top location and those in the areas
that will be shortly developed and offer some quite big potential.
In that respect, we searched for the best opportunities for
investment in Sofia, and
we managed to find them. Here you will see a short description of
three of them.
1. Golf Apartments in the
outskirts of
Sofia
 The first complex that we offer you is located in the
outskirts of the city. The place is still not that developed, but
most of the land has been bought already by developers. The location
offers the following distances � 12 km to downtown
Sofia, 15 km to
Sofia
Airport and about 7 km to
St Sofia 18-hole golf course. The complex itself offers about 250
apartments, a shopping centre, tennis court, football playground,
pools, saunas and many more. The place is suitable for young couples
and for people that would like to escape the noise of the big city,
but would still like to stay in touch. It will be desirable for rent
and will be easy and profitable to sell on very good profit in a few
years, when the area will be developed and the prices will be much
higher. PRICES FROM 16,000
EUROS! [more
info]
2. Apartments in a quite area in
the very city centre
 The second complex is
located in a quite area in the very city centre. It is a single
building with 14 apartments only, one garage underground level. This
residential building is located close to the main state
institutions, banks, hospitals, parks, public transports and
communications. It is suitable for young couples with good
opportunities. As the old city centre cannot offer new building
plots, the new buildings are not that much, which makes them
extremely desirable both for rent and for resale on high margin. [more info]
3.
High-class prestigious Residence in the diplomatic quarter next to the biggest
Sofia
park
 The third complex is �the
pearl of the crown� � it is meant to be inhabited by settled people
with quite good opportunities. It is located very near to some of
the diplomatic residences. The biggest park in the city of
Sofia �
Borisova
Garden - is just a few
minutes walking away. The location and the type of the building show
that this is high above the levels of the middle class. The
developer also offers a guaranteed rental income for 10 (ten) years!
The location, the surrounding area and the guaranteed rental income
make this really interesting for most of the property hunters. The
first and only buy-back residential project all over
Bulgaria
� after the 10th year buy-back is contractually
guaranteed at 100% of the purchase price! [more info]
These were some of the best investment opportunities in the
�hottest spot in South-East Europe� � all of them can offer a lot �
good rental income (even guaranteed in the third project), good
margin in a potential resale and of course the possibility to come
to Bulgaria at any time. If you have any inquires, please do not
hesitate to contact me.
Sounds
easy?
It is
easy!
Properties in Bulgaria
Some of the most interesting offers from Properties in Bulgaria books follow:
- Four-bedroom detached house freehold,
large garden, VT area - 25k eur - click
here
- Building land on the coast, Kamchiya
Resort - 50 eur/m2 - click
here
- Freehold house 5 b/r, en-suit
bathrooms, Kavarna Town, beach-front - 189k eur - click
here
- One-bedroom apartment in St. Vlas,
beach-front - 53k eur - click
here
- Large (4000m2) building plot w/ house,
Danube Plain - 19k eur - click
here
- Large detached house, 3 b/r, large
garden (1200m2), near Chirpan - 28k eur - click
here
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