Typical Bulgarian Village House Near Montana - ID 3076

Investment Return From Property In Bulgaria Goes Down 11/03/2008
The overall annual return from investments in Bulgarian property decreased to 44 per cent from the 104 per cent several months ago, a report of assetz.com said. Investors should take into consideration the slowdown and practical halt of market growth and the increasing competition in the rental market, Assetz warned. The annual property price increase slowed down from 36 per cent to 17.8 per cent and the prices rose by only 1.6 per cent, the report said. Only long-term investment would provide returns in the coming five to 10 years, because low prices would attract buyers, an Assetz representative said. Immediate investment return, however, should not be expected, the report said. more

Londonlisted Dawnay Day Mulls Purchase Of Retail Centres In Bulgaria 14/03/2008
London-listed Dawnay Day Carpathian Plc (DDC), the retail property investment company established to invest in Central and Eastern Europe (CEE), is mulling the purchase of two retail centres in Bulgaria, investor.bg reported on March 7. Paul Rogers, the general manager of Dawnay Day PanTerra, the company which manages the DDC investment fund, said last year that the fund planned to invest between 20 and 200 million euro on Bulgarian property market. However, in February this year the fund’s executives announced that they had already invested or allocated for investment some 95 per cent of the fund’s capital. “Bulgaria's market is small, as compared to other countries in CEE region. The number and frequency of the transactions is not so high as elsewhere. Unlike Romania and Poland,... more