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04.06.2009 Dear Property Investor,
Thank you very much for taking a minute of your valuable time to read our free property newsletter based on publicly available publications on the real estate in Bulgaria.
Here we are with the piece of good news. Property prices falldown in Bulgaria is now over. Even more -- there is an increase of 3.3% on annual basis for Q1 2009 (please read below for details). It really seems the time to act has come now.
As always 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. T: +359(0)2 9862863 F: +359(0)2 9861743
Experts from the National Real Property Association have announced Thursday that the number of deals increased in March and April, after the stillness in the market from December 2008 to February 2009.
The prices have reached the psychological minimum of EUR 700 to EUR 1000 per square meter, and they cannot be further decreased, the analysts said.
Bulgarians have EUR 2-3 B of savings and probably the money will be invested in real estate, the experts explained.
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100 Properties in
Bulgaria Capital Cost over EUR 1 M
The most expensive property costs EUR 4,9 M, and is situated in downtown Sofia, near the Doctor Park, the Pari Daily reported.
The offer includes a two-storey 848 square meters house, and a 380 square meters garden.
The most expensive offers in Sofia are in the area around the Doctor Park, followed by the VIP quarter, Boyana.
The second most expensive real estate is a 1158 square meters house in Boyana.
However, only eight people have declared in their taxes declaration that they own a property, worth more than EUR 250 000.
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Bulgaria 9th in Real Estate Prices - Knight Frank Report June 2, 2009
The last week issued report of the consulting company showed that Bulgaria had lost its last year's second place.
The report also showed most markets to be still in a general downturn over the global financial crisis.
Some countries bucked the trend with increases in year-on-year property prices, including Bulgaria.
Knight Frank said that there was some evidence of buyers now snapping up bargains but that others were holding back hoping prices may fall lower.
The global property index showed Israel as the top performer with growth of 10,9% over the 12 month period to the end of March 2009. Israel is followed by the Czech Republic with an increase of 9,9%.
The biggest fall during the first quarter of 2009 was Dubai, which showed a huge decrease in property values by 40%.
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Distressed Sale - 60% OFF: TWO (2 & 1 b/r) Ready-To-Move-In Holiday Apartments on Bulgarian Riviera for a Total Price of EUR 105,000 only
June 4, 2009 Properties in Bulgaria proudly offers to all interested savvy investors and/or private individuals this unique bargain. Two finished, furnished apartments in 4-star operational gated Sunny Fort complex at the very heart of Sunny Beach -- at fraction of the price for one! Both apartments are fully ready to be rented/used from this season on! Sunny Fort Complex features: Apartments Features:
The apartment offers 129.44 m2 area of
accommodation and has two bedrooms with balconies, large
living/dining/kitchen with panoramic balcony over-viewing
tennis court, two bathrooms and a closet.
The apartment is located on the top floor
(3rd).
Finances:
[back]
*The above information courtesy of novinite.com and propertiesinbulgaria.com
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16 Sveta Nedelya Sqr, 4th Floor, Sofia, ,
Bulgaria |