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.

 

 

 

Today's Topics (September 7, 2009)

 

Bulgaria Remains Favorite Real Estate Destination for Russians
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.........[more]

 

Romanians Look for Cheap Properties in Bulgaria, Hungary
A large number of Romanians have decided to purchase real estate properties in Bulgaria or Hungary........[more]

 

Tishman Chairman: Bulgaria Real Estate Will Recover When Overbuilding Is Absorbed
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........[more]

 

Today's Special

 

Deeply Discounted Property in Sofia
Top location (downtown Sofia, Slaveykov Sqr.) office premises for sale now available at deeply discounted price.......[more]

 

 

 

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

Photo by simplyzigzag.comBulgaria 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

 

Photo by money.ibox.bg 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

 

Photo by Sofia Photo AgencyBulgaria'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

 

Photo by propertiesinbulgaria.com 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

 


 

     
 

16 Sveta Nedelya Sqr, 4th Floor, 1000 Sofia, Bulgaria
t: +359(0)2 9862863 | f: +359(0)2 9861743
e:
[email protected] | w: propertiesinbulgaria.com