New Village House Near Dobrich - ID 3082

The Best Of Both Worlds In Bulgaria 21/06/2008
Detached two bedroom villas at Seven Lakes, near the Bulgarian spa town of Dolna Banya, arguably offer investors one of the best locations in Bulgaria: 45 minutes from the capital city of Sofia, and only 15 minutes from Borovets, Bulgaria’s most popular ski resort, these golf villas offer strong potential for year-round rentals and mid to long term investment.  An ideal payment schedule and readily available mortgage options for overseas buyers are also turning the heads of today’s timely investors. Within easy reach of Sofia and near the ski resort of Borovets, detached villas at Seven Lakes are currently being offered with unrivaled investment credentials, including 70% mortgages and just a 30% down payment until completion. Additionally, Seven Lakes is a rare opportunity to... more

Bulgarian Funds, Investing In Land, Reach 60 000 Ha 14/03/2008
The combined land asset holdings of local real estate investment trusts (REITs) are approaching 60 000 ha, according to financial reports from some of the biggest REITs filed with the Sofia stock exchange. Elana Agricultural Land Opportunity Fund boasts the biggest farmland portfolio with 25 330 ha as of the end of January. The average acquisition cost is reported at 2 030 leva a hectare. REITs posted earnings of 47.865 million leva in 2007. No dividend will be distributed as the upside resulted solely from asset revaluations. The management is planning dividend payments after the rate of leased properties in the company portfolio reaches 90 per cent. The company has leased 17 000 ha for 2007/2008 at an average price of 130 leva per hectare. Advance Terrafund manages the... more