10 Ways To Increase The Saleability Of Your Property Abroad 30/09/2008
In these troubled and trying times when bankers' heads are buried in the sand, politicians resemble bunnies in headlights and the media is happily wallowing in all the doom and gloom, the rest of us have lives to lead. For some of us this means we have to find a way to flog off real estate and despite what ‘everyone's' saying, it is still possible to get a house to sell.According to a recent BBC report, British vendors of property in the UK are cutting up to a further 9% off prices that have already fallen 11% just to get a sale, and for those of us with homes overseas, a similar approach can indeed be taken. I.e., the more attractively priced a property in a market environment where everyone's being groomed to believe they should be bargain hunting, the more likely it is to... more

Bulgaria Moves Three Places Ahead On Competitiveness 14/10/2008
Bulgaria moves three places ahead - from 79th to 76th position in the classification for global competitiveness for 2008-2009 at the World economic forum.This was announced by the Center for economic development (CED) - official partner of the Forum, cited by Bulgarian Telegraph Agency.The report for global competitiveness is a study of the state of economies in over 130 countries in the world. CED points out that Bulgaria has the worst position in comparison to all the rest European Union countries. more

Akb Fores Earmarks 150m Euro For Investment In 2008 07/05/2008
Bulgaria’s financial holding AKB Fores will almost quadruple its investments this year to 150 million euro, the owner of the holding Nikolai Banev said at a news conference, as quoted by Dnevnik daily. Investment outlays last year stood at 40 million euro. The figure for 2008 does not include the investment into a hazardous chemical cargo terminal at the port of Varna, Banev said. The 100 million euro project, which AKB Fores hopes to implement with strategic partners, will be built in a year and a half. Hopes are that it will emerge into the main facility regionwide and deny the competition of its counterpart in Constanta, Romania, he added. The bulk of the investment funds will be re-invested profit and financing procured from Swiss investment funds. The holding has opted for... more

Bulgaria To Receive 107m Eur Under Fp "fishery" 11/11/2008
The acceptance of documents under the functional program "Fishery" within which Bulgaria will receive nearly 107 million euro from the European Union starts today.The program for support of the fishery field till 2013 will be officially opened by the minister of agriculture and food Valeri Tsvetanov.The aim of the program is to secure sustainable development of the fishery branch, to develop the fish products market and to improve the quality of life in the fishing regions.The funding will be for provision of modern equipment of the fishing vessels, easing the young fishermen entrance in the sector, improvement of the vessels' safety, quality of the catch and sanitary conditions.The program offers measures, which will support the production of more precious types of fish in Bulgaria,... more

Year-round Tourist Spots 'have Investment Potential' 19/06/2008
Rental investors are getting low vacancy rates in year-round holiday destinations, it has been revealed. According to Holiday-Rentals, most of its clients with a foreign property are able to rent them out for the whole year. This is because many of these residences are located in places which do not have a seasonal tourist trade, such as Italy, France and Spain. Therefore, investing in a country which attracts high volumes of tourists for 12 months of the year could be a lucrative endeavour. Sarah Chambers, spokesperson for Holiday-Rentals, commented: "60 per cent of our clients own one or two foreign homes. "They almost always rent them out for the whole year." Speaking to the Telegraph, she said places with cultural or sporting attractions could have particularly high... more