Wonderful Summer House With Excellent Panoramic View - ID 3109

Property Investment Profitability In Bulgaria Decreases Nearly Twice 11/03/2008
Profitability of real estate deals in Bulgaria decreased nearly twice since 2002, research of Creditex showed. Creditex representative Krasimir Goumnishki said that a 100 sq m apartment in Sofia’s residential district of Mladost brought nine per cent profitability in 2002, which had now fallen to 4.11 per cent. The same tendency was valid for all of Sofia’s residential districts, Goumnishki said. According to the research, the returns that companies advertised for coastal property were highly exaggerated. The actual value neared five per cent. Profitability was higher for retail, logistics and industrial property. more

Irelands Sunday Tribune Borovets Among Top 10 Property Investment Destinations For 2008 15/03/2008
The Irish Sunday Tribune newspaper has ranked Bulgarian ski resort Borovets 6th in its Top 10 of the most lucrative property locations, Dnevnik daily reported on March 4. The list is topped by the world's fastest growing city, Dubai. Also on the list (in that order) are Ibiza, Poznan, Toulouse, Geneva, Orlando, London, Hurghada and Portugal's Silver Coast. According to the newspaper, Bulgaria has been one of the hottest markets in Europe for the last number of years. “But in the rush to bag a bargain here, the property market in some parts of the country has become a little too crowded and not as cheap as it once was,” Sunday Tribune reports. The UN World Tourism Organisation believes Bulgaria to be one of the most appealing 'new faces' in the tourism industry today... more