Property In A Pretty Village - ID 2806

Bulgarian Property Sector To Post Even Growth In 2008 10/03/2008
Bulgaria ranks third in the world in terms of property price growth in 2007. Average sale real estate prices rose by 36 per cent last year, whereas rentals posted a more modest mark-up of 6 to 7 per cent nationwide, reaching 10 per cent in Sofia, Deyan Kavrukov, head of Bluehouse equity fund and a former partner at Equest, said in an interview with public television channel BNT. The significant increase is propelled by a number of factors:  ** steady domestic demand  ** robust investment growth  ** a rise in mortgage lending, which has been increasing by almost 100 per cent annually over the last years  ** GDP growth  ** considerable foreign demand for local property ”The happy-go-lucky times of striking exorbitant profits out of property deals on Bulgarian market are gone for... more

10 Costly Mistakes When Buying Property Abroad 29/05/2008
Despite the fact that the global financial landscape is less than healthy and we’re all growing increasingly concerned about the cost of living, fuel prices and mortgage rates, we still have an almost insatiable appetite for buying property abroad. Recent facts supplied by Datamonitor show that British and Irish property investors already have 3.81 million properties overseas and if you’re thinking of adding to this number, in this article we look at the 10 most costly mistakes that people commonly make when buying property abroad so that you can avoid these mistakes. As stated, Datamonitor has information to show that 3.81 million properties are owned internationally by Brits and Irish and their figures suggest that there will be a doubling of the overseas property market in value... more