Record Rise In Brits Expatriating Expertly Predicted 14/10/2008
We cannot say that we are at all surprised by the latest findings from AXA and HSBC relating to expatriate trends. AXA has predicted a rise in the numbers of us leaving UK in search of a better, more affordable life abroad, whilst HSBC has revealed that apparently UK is considered one of the worst places in the world for expats from other nations to raise their children.The facts, statistics and opinions really do speak for themselves, and we shall analyse them in depth in a moment; but in the meantime we thought we would raise the main issue that perhaps would-be expatriates should be thinking of before they flee the UK. I.e., not everywhere in the world offers one a more affordable cost of living or a more stable economic climate for that matter.So if you're thinking of moving... more

barbies Band To Rediscover Bulgaria 25/03/2008
Bulgaria's property market is 85 per cent foreign investment-driven and has been experiencing an outflow of British and Irish buyers lately, but the predictions of some pundits for a re-advent of British buyers could still be proven right, as UK investors have not lost their zest for investing in property abroad. Despite the credit crunch experienced by Britain, investors who Buy Abroad and Rent in Britain (hence the Barb-ies abbreviation) have been very active on emerging markets as of late, The Daily Telegraph reported on March 22. Typically, Barbies are young, first-time buyers who can't afford to get on to the first rung of the British real estate ladder, so turn to another country where properties are more affordable, the British daily said. “Priced out of the British... more

Greeks Conquer Bulgarian Property Market 08/05/2008
True Greek invasion is happening in the moment on the property market in Bulgaria in the last two years, comments the Greek business edition ‘Imerisia', quoted by local Investor.bg. There is an interest by constructional companies, mostly from North Greece, that build many residential complexes, trade centers and office buildings in Romania, Bulgaria, Croatia, Albania and recently in Macedonia. All this is accompanied by individual investors that buy properties on cheap price, which give on loan after that or use for vacation. Despite the considerable increase of prices of real estates in Bulgaria lately, the properties are still considered as cheap for the Greek purchasers. The most demanded spots according to the Greek buyers are in Varna, Burgas and Bansko. The most expensive... more

Another Spa Development To Spring Up In Kyustendil 26/03/2008
A new spa complex, worth 2.5 million leva (1.2 million euro), will be developed in the town of Kyustendil this year, mayor Petar Paunov said, as quoted by local dailyVyara on March 25. It will be a landmark building for the town, located about 70km south-west of Sofia, Paunov added. The compound would be erected near the Ossogovo stadium, through public private partnership, changing the face of the town and hopefully contributing to its tourist attractiveness, according to the local authorities. The spa centre would have six mineral water swimming pools with indoor facilities that will be able to function all year round, Paunov said. Tourists would also have easy access to the hotel part. This is the best way to introduce the healing effects of Kyustendil’s mineral springs to our... more

Winter Sports Fans Snapping Up Property In Ski Resorts Are Driving British Interest In Bulgaria And Canada. 20/03/2008
The latest Global Property Hot Spots league compiled by currency specialist HIFX has shown enquiries for cash aimed at purchasing homes in the pair of increasingly popular destinations for British skiers rose substantially in February. Interest in Canada rose by 66% during the month, while enquiries for Bulgaria increased by 17%. But both continued to hold a far smaller proportion of all enquires – 9.4% for Bulgaria and 2% for Canada – than old favourites Spain and France, which attracted 25.25% and 17.8% of all interest respectively. Interest in Australia, which had risen rapidly in January, fell back substantially – dropping by 63% to 10.6% of all enquiries – while demand for the United Arab Emirates, home to Dubai, fell 79% to 1.5% of all enquiries. Bulgaria's reputation as... more