Cheap Old House - ID 1579

Energy Busters 14/03/2008
Real estate development is a lucrative large-scale business. So it's unsurprising that some greedy investors have an interest in exploiting every square centimetre of their plot. Unfortunately, this attitude undermines the appeal of a building as well as the comfort and happiness of its residents. The sector's rapid development, particularly the "get rich quick" opportunities in Bulgaria, resulted in developers failing to heed the importance of quality construction. Thankfully, more intelligent investors are emerging who realise that sensible planning and energy conservation do not necessarily clash with the search for profits. Revised building regulations Legislation has also propelled change. Amendments to the Law on Regional Development, approved in 2006, stipulate that... more

Optimism High In Bulgaria 20/03/2008
Accession to the European Union is inevitably going to play a central role in the future of property investment in Bulgaria. Bulgarian property is already proving popular with investors looking for long-term capital growth, but there is no doubt that accession to the EU will encourage many more to purchase properties in the country with a view to capitalising on the extensive house price growth that will presumably ensue. The road to EU membership has certainly been a bumpy one for Bulgaria and reports on its progress have let officials know that there is still some work to do. Despite this, financial experts in the country are seemingly confident that everything is on track to join on January 1st next year. The implications for property investment could be immense. Speaking to the... more