07.09.2009
Dear Property Investor,
Yet again I would like to thank you for your
valuable time you're spending reading our newsletter.
Well, the Summer holidays are over, the
business is going back on track, so are we at Properties in Bulgaria. There are more
and more signs every week from all over the world about the global
financial crisis being close to its end soon. Bulgaria is not an
exemption, although it gets out of it at a bit slower
pace.
We're welcoming all your comments and
suggestions on this free property newsletter service. Our aim is to
help you make your investment in Bulgaria most profitable and easy.
And here it is again -- If you don't want
to receive our free property newsletter please
just click here to immediately unsubscribe from Properties in Bulgaria
mailing list.
Should
you need any further information on Bulgaria and/or property
investment please do not hesitate to contact Properties in Bulgaria.
Sincerely
yours,
Nick Lavtchiev,
MSc.
Properties in Bulgaria Managing Director
4th Floor, 16 Sv. Nedelya Sqr. BG-1000
Sofia, Bulgaria
T: +359(0)2 9862863
F: +359(0)2 9861743
W: propertiesinbulgaria.com
Bulgaria Remains Favorite Real
Estate Destination for
Russians August 10, 2009
Bulgaria is still favorite real estate destination
for Russian citizens, as 29% of Russians have been interested in the
properties market of the Balkan country.
The second place is fro Germany with 9,13%,
followed by Spain with 6,7%, the Pari Daily reported
Monday.
In July, an increase of popularity of the real
estates in the Czech Republic was noted among Russians, while the
interest towards properties in Finland, and the USA went down for
second month in a a row.
Turkey and Egypt which are Russians' resent
favorite destinations, are ranked respectively at ninth and tenth
place.
A total of over 17 000 Russian citizens
acquired real estates in foreign countries in
2008.
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Romanians Look for Cheap
Properties in Bulgaria, Hungary August 4, 2009
A large number of Romanians have decided to purchase
real estate properties in Bulgaria or Hungary.
This has been announced by Adrian
Sischin, regional director of the RE/MAX Romania real estate agency,
as quoted by the Romanian newspaper Evenimentul
Zilei.
According to Sischin, a number of
well-off Romanians are going to take advantage of the declining real
estate prices as a result of the global financial
crisis.
Bulgaria attracts Romanian buyers
primarily with vacation properties on the northern Bulgarian Black
Sea coast, i.e. the region of the city of Varna. Where sea view
apartments are reported to be on sale for about EUR 700-900 per
square meter.
Another example of real estate property
potentially attractive for Romanians is an apartment of 60 square
meters in a residential complex with a pool for a total of EUR 51
000.
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Tishman Chairman: Bulgaria Real
Estate Will Recover When Overbuilding Is
Absorbed
August 4, 2009
Bulgaria's residential market will be impacted
severely until the results of the overbuilding in the country in the
recent years are absorbed, i.e. converted to other
uses.
This is the forecast of Alan Levy, Chairman CEO
of Tishman International Companies, that he made in an interview for
Novinite.com.
Levy has noted that as a result of the crisis a
lot of large-scale property development projects have been frozen or
given up.
Yet, he believes that large-scale projects in
Bulgaria will be executed primarily in the field of logistics,
transportation, and warehouse development, and that exactly the
logistics sector is going to lead to a rejuvenated interest in the
Bulgarian properties market.
Levy has recommended that the new Bulgarian
government diversify its attempts to attract foreign direct
investment by being creative in various economic
spheres.
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Deeply Discounted Property in
Sofia
September 7, 2009
Top location (downtown Sofia,
Slaveykov Sqr.) office premises now for sale at deeply discounted
price.
These high-end offices premises have been
reduced from EUR 1.6 M down to EUR 0.98 M only for a limited time.
It's an entire first floor (total built-up area of 430 m2) from
an administrative building located on Graf Ignatiev Str and
Slaveykov Sqr, consisting of 15 offices just finished renovation.
Yield potential is up to 10% p.a. with buy-to-let
scheme.
Please contact us for full details on the
above office premises for sale.
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*The above information
courtesy of novinite.com and propertiesinbulgaria.com
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