A House In A Cozy Village - ID 1569

Currency Watching For Profitable Overseas Property Investment 21/05/2008
Currency Watching for Profitable Overseas Property InvestmentKen Thorkildsen, Director of Obelisk Private Finance, reports on how the strength of the Euro provides European property owners with big profits. “Economic factors, such as the credit crunch, have a huge impact on currency and financial markets in general. Yet despite the current economic climate, the Euro goes from strength to strength against the pound, whilst financial forecasts indicate that the pound is likely to remain deflated until a renewed confidence in the financial stability of the UK market.” So what does this mean for current property owners as well as would be property investors?  Shelter Offshore investigates! Overseas property investors, who entered the emerging European markets early, will find that the... more

Property Prices In Bulgaria To Continue Increasing Gradually 12/03/2008
Property prices in Bulgaria would continue increasing, though the percentages would be lower than the ones registered for 2004 and 2005, head of the National Real Property Association (NRPA) Orlin Vladikov said. Prices would depend on the quality of construction work, location and nearby infrastructure, Bulgarian news agency BTA reported. Only luxurious property in Bulgaria could reach the price levels in European capitals and resorts, Vladikov said. In 2005 nearly 250 000 property deals were concluded in Bulgaria. The upcoming EU entry of the country was expected to play an important role in developing the property market and increasing the demand for office property, real estate agents said. Central European Real Estate Associations Network (CEREAN) vice-president Eli Moneva... more